shanNdjones April 24th, 2010

Foreclosure flipping is big business in Jackson County, says Vic Nicolescu of the alba group.

Vic Nicolescu, the alba group’s founder and owner, helps investors purchase property at the foreclosure auction. Those investors then fix the property and resell it at or below market value.  The team advertises its properties for sale through Southern Oregon Foreclosures.

This business recently got the attention of local news channel 5 KOBI TV Medford.  Click the image below to open KOBI’s website and watch the story which aired on Friday, April 23, 2010.  (IF the link doesn’t work, but and paste this link into your browser’s address bar:  http://localnewscomesfirst.com/index.php?option=com_seyret&Itemid=431&task=videodirectlink&id=4742).

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