2 Homes For Price Of 1 Ripoff

Here's a new sucker twist on two for the price of one. Please consider Local Developer Offers 2 Homes For Price Of 1.

If you're looking for a bargain, the deals are out there. However, one particular deal takes the cake.

"We thought, 'Why does it just have to be on Pop Tarts and restaurants? Why not buy one home, get one free,'" said Dawn Berry of Michael Crews Development.

Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free -- if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million.

"You know it's a straight-up legit deal; no prices have been increased, there are no hidden costs. Michael is just giving away a free home for people that buy at Royal View," said Berry.

Adam Rossman of Michael Crews Development added, "People have been coming in saying, 'How can you do this?' Well, it's our way of dealing with current market conditions to move some inventory."

No News Here - This Is An Ad

There is no news here. This is a freaking ad disguised as news. Is this a paid infomercial by any chance? If not where is the news?

This deal is not 2 apples for the price of one. Rather, this deal is an apple and a raisin packaged as 2-for-1-price. What you are getting (supposedly) is $2 million worth of homes for a minimum of $1.6 Million. Big freaking deal. This is at most 20% off.

Is this really news? I think not. Now what I want to know is whether or not 10News.com can distinguish news from non-news or if this was a paid for ad disguised as news.

Comments

[WallStTider:]

20% off of houses that are in an area that's already down 20%+ and probably has 20%+ more to go? Sign me up.

2008 May 29 10:08 AM

[daroon:]

Michael, you just wasted my time making me read A COMPLAINT DISGUISED AS NEWS about an AD DISGUISED AS NEWS. Now, the question is, was this all really your own opinion, or was it paid-for by a competitor of the construction company, or even 10News.com?

2008 May 29 10:20 AM

[IGiveUp:]

Wonder how this is written in the purchase agreement. Not disclosed, it's fraud. Disclosed, and lender's won't like the 25% seller concession when looking at the $1.6 million dollar home.

2008 May 29 11:21 AM

[notsosmart:]

no free lunch folks even in these bad times.

2008 May 29 12:17 PM

[oddsneds:]

Mike has had some brilliant insights but this looks more like venting & frustration that the world hasn't collapsed as fully as he would like.....

2008 May 29 12:18 PM

[Joyful Alte...:]

Does San Diego have theater, sports, nightlife? When I lived in Society Hill in Philadelphia, some of my neighbors had their primary residences on the Main Line and stayed at their rowhouses in town when they wanted city lights. It sounds like a good idea to me. Not that I have any desire to move to SoCal.

2008 May 29 01:27 PM

[skylark:]

Sorry, but Escondido and San Pasqual Valley 30 miles out in the heated countryside Northeast of San Diego won't offer much in the way of theatre and sports- but possibly some unrefined nightlife. Plus near the Wild Animal Park out that way it's gets very, very hot in the summer. 100+. 2 for 1 out that way not a very attractive come-on.

2008 May 29 03:26 PM

[waldipup:]

And I suppose if anyone buys this deal , they can then demand to be bailed out by the gov't. because they were mislead?

K Mart ad :

20% off the "Regular" price .

Whose "regular" rice?

THEIR OWN!

Lets bail out the guy who bought the lawnmower cause his mommy is the govt.

The free market is based on deals.

You must understand what you are doing , or get help if you don't.

That's what Warren Buffet does.

Barring legally fraudulent practices being involved - So What?

Note :

This type of news "bit" is not uncommon -

What a guy will do to get cheap gas ,

What a builder will do to move slow property.

Sorry , no outrage here , and no conspiracy.

2008 May 29 08:49 PM