''Property Wars'' is an American
reality television
Reality television is a genre of television programming that documents purportedly unscripted real-life situations, often starring unfamiliar people rather than professional actors. Reality television emerged as a distinct genre in the early ...
series that airs on the
Discovery Channel and premiered on July 12, 2012. The second season was announced on December 18, 2012, with the season debut on January 10, 2013. ''Property Wars'' follows a group of men, located in
Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth-most populous city in the United States, and the on ...
, who bid to purchase
foreclosed
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
Formally, a mortg ...
homes, without being able to look inside. In each episode, the main cast members stand in front of the home to see what condition it is in while their
bidder
Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something.
Bidding can be performed by ...
is on location at the
auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition ex ...
for the home.
Cast
The series focused on six investors:
*Doug Hopkins
*Scott Menaged
*Lou Amoroso
*John Ray
*Ed Rosenberg
*Steve Simons
Legal Problems
Both during and after the show wrapped, filming some of the buyers found themselves in legal issues.
*John Ray – Told by Arizona regulators to shut down his business in 2014 due to having his real estate sales license terminated in July 2011. Ray had also filed for Chapter 13 Bankruptcy in 2013.
*Scott Menaged – In May 2017, it was revealed that federal investigators say Menaged and three others (Veronica Castro, Alberto Pena and Troy Flippo) worked together to commit bank fraud. Menaged's furniture stores were raided by federal agents. He was indicted on 24 charges and sentenced to 17 years in prison.
Menaged's crimes were profiled in the 2019 episode "
The House Flipping Reality Star Fraudster", of the television series ''
American Greed
''American Greed'' (also known as ''American Greed: Scams, Scoundrels and Scandals'' and as ''American Greed: Scams, Schemes and Broken Dreams'') is an American documentary television series on CNBC. The series focuses on cases of Ponzi schemes, ...
''.
Episodes
Season 1 (2012)
Season 2 (2013)
References
External links
*
{{Discovery Channel programming
2010s American reality television series
2012 American television series debuts
2013 American television series endings
Discovery Channel original programming
Television shows filmed in Arizona
Foreclosure