vacant houses for 10+ years.....why?
a house 2 behind mine was built 5 months after mine in 1998... it is a nice 4 bedroom, 2.5 bath house... 2 car garage, full basement, etc..... no one has ever lived in it... she built it for her and her parents... then the dad died and no one has ever moved in.... it is full of boxes but no people.....
another house is even older..it is 5 miles from here.. it is close to 20 years old and never had anyone living in it... it still has the stickers on the windows.... doh!!!
think of the rent $ they missed out on... 10 years @ $1000 a month (which is low for how nice either house is) = $120,000 cash money... ahaha..
another house is even older..it is 5 miles from here.. it is close to 20 years old and never had anyone living in it... it still has the stickers on the windows.... doh!!!
think of the rent $ they missed out on... 10 years @ $1000 a month (which is low for how nice either house is) = $120,000 cash money... ahaha..
i am sure she would want top $ for it.... it is just strange....
i did buy (stole) a house that had been vacant for 2 years... the daughter was going to give away even cheaper to some other guy so i offered a little more $ than him..... that doesn't happen ever day though....
i did buy (stole) a house that had been vacant for 2 years... the daughter was going to give away even cheaper to some other guy so i offered a little more $ than him..... that doesn't happen ever day though....
my mom bought a house when i was in high school that wasnt lived in for about 40 years,..the owner lived states away and lets just say there was many interesting things left in the house,.......bottles of unopened alcohol from prohibition times,...some were even buried in the yard we found when we dug up the yard to put new pipes in
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Another foreclosure right next door. I built in a new developement two years ago and now the houses on either side of me are empty. One for just a couple days and the other for over a year.
I blame the builder. They got some people into the houses that could not afford them. The guy next door was bounced a year ago. He was a nice guy, and I miss him as a neighbor, but he was an employee at a lumber yard, (not a manager or anything just an hourly employee) and the qualified him for a zero down $425k mortgage. What??????!!!!!!!!!
He went belly up inside of a year. The one that emptied the other day had a recent immigrant family who barely spoke english. They lastedtwo years before the boot.
What the hell is wrong with these builders? It was a LARGE national builder that had homes in lower price ranges they could have tried to sell these people but instead they put them into big houses with big morts they could not afford and now I have two empty houses with crap lawns on either side.
I don't care what it does to my property value short term because I am not going anywhere, but I hope I don't get ghetto folks moving in on the cheap. Although the people next to me could not afford them, they were nice people who kept up their property.
I blame the builder. They got some people into the houses that could not afford them. The guy next door was bounced a year ago. He was a nice guy, and I miss him as a neighbor, but he was an employee at a lumber yard, (not a manager or anything just an hourly employee) and the qualified him for a zero down $425k mortgage. What??????!!!!!!!!!
He went belly up inside of a year. The one that emptied the other day had a recent immigrant family who barely spoke english. They lastedtwo years before the boot.
What the hell is wrong with these builders? It was a LARGE national builder that had homes in lower price ranges they could have tried to sell these people but instead they put them into big houses with big morts they could not afford and now I have two empty houses with crap lawns on either side.
I don't care what it does to my property value short term because I am not going anywhere, but I hope I don't get ghetto folks moving in on the cheap. Although the people next to me could not afford them, they were nice people who kept up their property.
Originally Posted by Scot,Jul 5 2008, 04:17 PM
another house is even older..it is 5 miles from here.. it is close to 20 years old and never had anyone living in it... it still has the stickers on the windows.... doh!!!











