Comments on: The Foreclosure Across the Street http://www.suburbandollar.com/2009/04/21/the-foreclosure-across-the-street/#utm_source=rss&utm_medium=rss&utm_campaign=the-foreclosure-across-the-street Where finance and reality meet Sat, 04 Feb 2012 21:54:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Weekend Reading: Links Of The Week 4/25/09 | Man Vs. Debthttp://www.suburbandollar.com/2009/04/21/the-foreclosure-across-the-street/#comment-351 Weekend Reading: Links Of The Week 4/25/09 | Man Vs. Debt Sat, 25 Apr 2009 22:00:47 +0000 http://www.suburbandollar.com/?p=684#comment-351 [...] Suburban Dollar contemplates the dilemma of caring for a home abandoned due to foreclosure. [...] [...] Suburban Dollar contemplates the dilemma of caring for a home abandoned due to foreclosure. [...]

]]> By: The Weakonomisthttp://www.suburbandollar.com/2009/04/21/the-foreclosure-across-the-street/#comment-332 The Weakonomist Tue, 21 Apr 2009 19:11:01 +0000 http://www.suburbandollar.com/?p=684#comment-332 My future mother in law mows the grass on some undeveloped proporty down the steer. It's her was of cleaning up since we take the boxer down there to do his twosies. My future mother in law mows the grass on some undeveloped proporty down the steer. It’s her was of cleaning up since we take the boxer down there to do his twosies.

]]> By: Trevor @ Financial Nuthttp://www.suburbandollar.com/2009/04/21/the-foreclosure-across-the-street/#comment-330 Trevor @ Financial Nut Tue, 21 Apr 2009 19:03:17 +0000 http://www.suburbandollar.com/?p=684#comment-330 I wouldn't touch anything. It's not mine. If anything, it's the bank or mortgage company that gave them the money. If it was one of these bad subprime deals, it might be some foreign investor's property. Who knows?! I wouldn’t touch anything. It’s not mine. If anything, it’s the bank or mortgage company that gave them the money. If it was one of these bad subprime deals, it might be some foreign investor’s property. Who knows?!

]]> By: Bible Money Mattershttp://www.suburbandollar.com/2009/04/21/the-foreclosure-across-the-street/#comment-328 Bible Money Matters Tue, 21 Apr 2009 18:07:04 +0000 http://www.suburbandollar.com/?p=684#comment-328 I wouldn't take anything from the inside, but I think I might help take care of the outside, just because it does indirectly affect the value of my home. Plus, who wants to look at an overgrown unkempt lawn? Keeping up the neighborhood is in everyone's best interest. I've lived in neighborhoods where no one cared - and it showed. I don't want to live in a place like that again. I wouldn’t take anything from the inside, but I think I might help take care of the outside, just because it does indirectly affect the value of my home. Plus, who wants to look at an overgrown unkempt lawn? Keeping up the neighborhood is in everyone’s best interest. I’ve lived in neighborhoods where no one cared – and it showed. I don’t want to live in a place like that again.

]]> By: Baker @ ManVsDebthttp://www.suburbandollar.com/2009/04/21/the-foreclosure-across-the-street/#comment-327 Baker @ ManVsDebt Tue, 21 Apr 2009 15:01:05 +0000 http://www.suburbandollar.com/?p=684#comment-327 I saw this all the time when I dealt with foreclosure real estate. Often times, it was the people the bank sent out to the property to take pictures and otherwise "secure" the property (change locks, etc...). They would take trucks and haul off refrigerators, washer/dryers, beds, and other household items. Obviously, the bank would just assume the homeowner had taken everything. Ultimately, even if a little bit, these type of things cause the bank to get less out of the home, which hurts everyone (accept the people who took the items). When you are talking about a matter of personal trinkets, though it is a different story. Taking care of the outside of the property directly increases the value of all the surrounding homes, so in a sense you are getting paid to do it. Or rather, you have some interest. I have heard of people doing this and then billing the bank. I specifically know people who have gotten paid this way! Good luck in getting this turned around with minimal damage to your own home prices! I saw this all the time when I dealt with foreclosure real estate. Often times, it was the people the bank sent out to the property to take pictures and otherwise “secure” the property (change locks, etc…). They would take trucks and haul off refrigerators, washer/dryers, beds, and other household items. Obviously, the bank would just assume the homeowner had taken everything.

Ultimately, even if a little bit, these type of things cause the bank to get less out of the home, which hurts everyone (accept the people who took the items). When you are talking about a matter of personal trinkets, though it is a different story.

Taking care of the outside of the property directly increases the value of all the surrounding homes, so in a sense you are getting paid to do it. Or rather, you have some interest. I have heard of people doing this and then billing the bank. I specifically know people who have gotten paid this way!

Good luck in getting this turned around with minimal damage to your own home prices!

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