Saturday, September 29, 2007

Take This House and Shove It

A bad temper?

Or a case of the "Mondays?"

This poor realtor probably got sick of people calling on the house, and finding out the bank is asking $100,000 more than a brand new house with a green lawn.

Take This House and Shove It

Take this house and shove it

I ain't livin' here no more

My equity's done gone and left

All the reasons I've been workin' for.

My banker better not try to stand in my way

When I'm a walkin' out that door

Take this house and shove it

I ain't livin' here no more!

I've seen a lot of neighbor's leavin'

and brown lawns galore

I'm losin' the shirt right off my back

and the bill collector's a knockin' at my door.

So take this house and shooooovvvveeee it

I ain't livin' here no more!

Thank you, thank you very much. If you like my blog, click on a Google add.



On the Auction Block

Bids anyone, on this gorgeous bungalow with a quaint brown lawn?





Friday, September 28, 2007

California House Rush


Actual name of the street....



...sitting right in the yard of a foreclosed house.

Time and time again history has proven to repeat itself, just like an old tune with new lyrics. Gold fever or house fever...it's all the same thing with the same results. This synopsis of the Gold Rush, from Wikipedia, could easily read the exact same way for this era if "gold" is replaced with "houses."

The California Gold Rush (1848–1855) began on January 24, 1848, when gold was discovered at Sutter's Mill. As news of the discovery spread, some 300,000 people came to California from the rest of the United States and abroad. These early gold-seekers, called "forty-niners," traveled to California by sailing ship and in covered wagons across the continent, often facing substantial hardships on the trip. While most of the newly-arrived were Americans, the Gold Rush also attracted tens of thousands from Latin America, Europe, Australia and Asia. At first, the prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning, and later developed more sophisticated methods of gold recovery that were adopted around the world. Gold worth billions of today's dollars was recovered, leading to great wealth for a few; many, however, returned home with little more than they started with.


Saturday, September 22, 2007

Real Estate Rhymes


Red Sky at Night...Sailor's Delight...
Red Sky at Morning...Sailor Heed Warning.



Brown Dried Up Lawn...Homeowner Long Gone.



Empty Corona Boxes Out Front...House is a Dump.



Handwritten Sign...Running Out of Time.

Thursday, September 20, 2007

Cashed Out


Somebody cashed out on some property.
Looks like his very own castle surrounded by his very own kingdom.

Saturday, September 15, 2007

Everyone's Favorite Neighbor


Why?

Tuesday, September 11, 2007

I Can't Sell My Car...Either


Looks like tough times are ahead for the automobile industry too. This was a once successful Ford dealership, and now they are closing up shop. It is amazing how much housing affects the entire economy. Maybe we should get the government involved, because everything they touch turns to gold. Heh. In fact, they should bailout all the people who are upside down on their SUV loans. After all, you've gotta have a car...to park in front of your house that is on the verge of foreclosure. Where else will people live if they lose their house? Rent? [Shudder]

Monday, September 10, 2007

Unacceptable

Built by Maplecrest Construction
Rockford, Illinois

Can you recognize what is wrong with this picture? The mismatched shingles perhaps? I just don't understand why people buy crap like this. Why would you pay $150,000, which is what these homes go for, and then just bend over and take it when the builder says that the shingles are acceptable and he will not change them. First of all, you should tell the builder to stick it and NOT buy the house as is. Then, when his junk homes do not sell maybe he will get a clue.

When did Americans start thinking it was okay to settle for less than quality?

Click here and read this person's complaint on the builder, and then read the rebuttal. I need blood pressure medication now. I used to own a Contry Home and everything the first guy says is true. My shingles may have matched but the roof leaked, and then after numerous attempts to repair it my shingles did not match. Illinois does not enforce their building codes...if they even have them. The advice I always got was a shoulder shrug and to basically just shut-up and pay my outrageous property taxes.

Wednesday, September 5, 2007

Too Much for Countrywide


7.5 million dollar view


7.5 million dollar house

This house is located in Pebble Beach on 17 Mile Drive right across the street from the Pacific Ocean. Here is the property information:

  • .9 acre lot
  • 4500 sq. ft.
  • 3 bedrooms
  • 3 full, 2 half baths
  • Slate roof
  • 3 fireplaces
  • Marble, Wood, carpet flooring
  • Central forced air (whatever)
  • 3 - car garage
Homes in Pebble Beach range from $4 million to $28 million. I'm just a regular Joe with a simple mind, so on a loan calculator I figured out what 7.5 million means to me in financing terms. At 7% interest, 30 year term, the mortgage would be $49,897 per month...not to mention what the taxes, insurance, and maintenance would cost.

I'm sure Mr. Millionaire won't be going to Countrywide or Ditech for his loan, and you won't see a sign plastered in the front yard advertising, "Financing Available Through Mutt and Jeff's Finance Co."

Considering I griped about paying $9 for the privilege to drive through the "prestigious" neighborhood, I'm gonna say that doesn't make me the Pebble Beach type. Plus, I'd always be griping about the golf fees at $475 + a cart. At that rate I'd take two days to walk the course if I had to...no golf cart for me...I'm on a budget...I have to pay the maid and the gardener so I can sit and enjoy the view, and watch the poor folk who paid 9 bucks drive by.

Mr. and Mrs. Wife Beater


Call me crazy...but...


I think this developer is going to be hard pressed to find buyers who can afford $609,900 homes who want to have a trailer park behind them. I'm not knocking folks who live in trailer parks, but this particular one brings to mind a greasy, unshaven dude with a mullet, in a wife beater, and a cigarette in one hand and a beer in the other screaming at his wife to, "Get in here and make me some bean dip," while she yells at jr. wife beater to quit throwing rocks at the neighbor's G-D dog.

These homes have 4 bed/3 bath; 2500 sq. ft.; fireplace; ceramic counters; front landscape; fenced backyard; 2 car garage.

Come to think of it, trailer park excluded, they'll have a hard time finding buyers at that price alone. Hardly a great deal for what is offered here in the central valley of California.



*"Get in here and make me some bean dip," courtesy of Phil Hendrie, of the Phil Hendrie Show.