Bank Owned Home is Going Green:
Today is Saint Patrick’s and naturally “Green” is the theme for today! This video was taken yesterday while house-hunting with my clients in El Mirage. There is definitely a lot of inventory out there in the Greater Phoenix Metro area, however finding a bank owned property in decent move-in conditions still presents a little challenge. We saw a lot of nasty things inside of vacant REO Properties during our shopping spree yesterday. Moving items inside the refrigerator and used condoms inside a bedroom closet for starters, do I have to say more? You get the idea…
After looking at approximately fifteen foreclosed homes in the last two days in the El Mirage and Surprise Area we only came across one bank-owned home which had the power turned on. Only four out of the fifteen homes we looked at were in livable condition. Out of these four homes, only two showed improvements made by the Bank and/or the listing agent post-repossession – and we got a really good kick out of looking at one of these fixed-up lender owned properties: We weren’t quite sure if the Bank was planning on an open house for today or April 1st.
[youtube]http://www.youtube.com/watch?v=No9Y6gSsNv0[/youtube]
Christoph,
What was the bank thinking?
Well at least it matches the bankyard with the green weeds. Thanks for sharing, I need a good chuckle.