Wednesday, May 23, 2012

Homeless




Our New Home????

 Yeah, we sold our home. Actually we sold it in March. We had listed it just before the holidays. My husband was going to take the "buyout" and retire. We wanted to downsize and selling our Historic 1800 sq foot home had to happen first. So when in March no one had made an offer we decided to wait and stay put. Steve passed on the buyout and we planned to remain, wait and see. Then as usual fate, or just plain irony would have it that when I went to remove the listing we got an offer. A good offer.

Of course now I know why...There is nothing but CRAP out there to buy. Are these pictures a joke? No not really. I can honestly say after looking at a plethora of homes, some bank owned (shame on them), some foreclosures, no to short sales though (as they are a lengthy pain in the butt, taking 3 to 12 months), and a small handful of private owned sales like us, that there is nothing out there.

Sure no one expects perfection, after all this is a home. Anyone that has ever owned one knows it is a constant source of repairs, updates, and basically a money pit. However, no one expects to pay top dollar for a piece of crap, trashed, shack that has either been destroyed, left to ruin, or needs what I refer to as "big-ticket-repairs", and so far that is all we have seen.

I am appalled and frankly angry at the banks. They allow people to "walk-away" from a choice they made (sorry but unless you had a gun to your head when you signed the purchase agreement, this was a choice you made. For those who have had to leave because they had lost their job or serious medical debt I do sympathize) and then these same people completely trash the home. They should prosecute these offenders for felony vandalism! These losers will say they are mad at the banks? Isn't it enough you are walking away from your responsibility? Allowed to be forgiven for a "choice" you made. Yeah, I am talking to you, the people that claim to be a victim. It's the same as going to the casino, gambling and asking the rest of us to pick up the tab. They will say that the banks were also bad, hell yes, but you made the bet and took the gamble. So I say to these people who wanted to live large, and roll the dice - suck it up. The real victims in this mess are those of us who didn't live above their means, paid their bills and mortgages. Didn't over-extend and made sure they had a bit of savings for the rough times. We didn't own the largest home, have the latest and greatest of things, cars, or electronics. We didn't go on big vacations, or use the equity in their home as an ATM. Yet we get to pay. Our homes lost value, our neighborhoods suffer, we pay the taxes and pick up the tab for those who gambled!

Now my home is compared to the trashed and empty homes the banks are dumping out. Yeah my home, the one I put new windows, roofed, stripped woodwork, put in a new kitchen, and bath, and maintained for years is now depreciated because the appraisers and banks need to clean their mess, so we pay. My home is valued as if it were the abandoned, vandalized mess some loser left behind, but oh yeah, they are the victim.
Then you hear "its a buyers market"? I say Really? Perhaps if your an investor, or want a "project" home. They (banks) still want way too much for homes that have been torn up, plumbing stolen, water pipes burst and drywall moldy and decaying. I saw homes that were once worth a fortune reduced to nothing more than a frame. Sure investors are buying them up. Fixing them up to rent. To whom? To these losers that trashed the house after they walked away from their debt? Really, if they are that immature and irresponsible, do you expect they will be that much better when they cannot afford the rent and you have to evict them?

As for those of us who just want a home that has been cared for, like we cared for ours, I wish you better luck than us. We have bid on three. One needed major repairs found on inspection - pass, one a bank-owned turned out to be a trailer home they put on a foundation (sorry but why don't the banks have to disclose? Private seller have to disclose everything, yet banks do not.) - pass, and the third needs a complete roof tear off and repair. Again I am not looking for perfection, but I cannot pay asking price, and still cough up 10,000.00 in repairs too. Still I don't blame the private owners for being a bit set and stubborn about their asking prices, to an extent. Frankly, why should they have to negotiate when at least they aren't ripping ceilings down, writing with magic marker all over their counter tops, punching holes in the walls, tearing out the copper plumbing, wiring, flooding their basements, smearing excrement in the carpets (the ones they haven't torn out), breaking windows, or taking the water heater or furnaces?

I have never regretted selling a home before, sure I have missed the old neighborhoods. This will be our fourth home, that is if we can find one. Yet this house I will miss, the couple who bought it were thrilled (according to the inspector), and after looking around I see why, hell I want to buy my old home! So for now we are staying with family, our life in storage while we try to find something worth purchasing.

I have heard recently that banks are "paying" people to turn in their keys hoping they won't trash the home if they give them money. I cannot even begin to understand this, paying people to do the RIGHT thing? Really, not enough to get a "get out of jail free" pass on your debt, but here's some money for not being a worthless piece of S--- and destroying the property as you walk away from your DEBT. Nice...... Way to teach responsibility, but who am I talking to, the Banks? What would they know about responsibility?


Sorry for the rant......but it had to be said. I know I am not the only one who feels this way. Unfortunately our voices have been drowned out by the banks and those "victims". You know the ones whose mess we are cleaning up.

3 comments:

Terri said...

I know you have really been through the ringer...letting it out and venting I'm sure was helpful.
Hey if checking your e-mail inbox has mental benefits this has to have some too!!
(Just heard about that one today)
I'm hoping just the right home will be coming your way soon. Very soon.
Hugs
Terri

sweetvintageofmine said...

Couldn't agree with you more! Most people don't care and just walk (and destroy and steal) There are a FEW who have lost their homes due to losing their business-jobs.. I have a friend who that happened to..they loved their home etc...the economy killed their business-they lost everything, and worked hard all their LIFE (themselves)no one gave them anything..its all gone. Everything is upside down..It's o.k. to rant, sometimes we need to! First time visiting and enjoyed. Do you have followers? Will be back to visit..Have a nice weekend...from one sweetie to another~~~Roxie

FlowerLady said...

I just came here via My Desert Cottage, for the Where I Create party.

I want to say I am very sorry that you haven't found a home yet, and hope you do very soon.

I agree with your rant and hope letting it out made you feel a little better. Holding it all in doesn't do us any good.

FlowerLady