Saturday, Aug 23, 2008
Never before have there been so many squalid, dilapidated homes on the market - and they're helping to exaggerate already-plummeting home prices.
CNN: These homes for sale suck
Mold, maggots and piles of festering trash - no wonder home prices are in freefall.
Posted by mark @ 12:46 PM (554 views) Add Comment
4 Comments
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1. enuii said...
This is the States, not the UK, not really applicable then is it!
2. This comment has been removed as it was found to be in breach of our Blog Policies.
3. montesquieu said...
or even, mould .... I wish these yanks would learn to spell.
The law is different here of course and people being reposessed have every incentive to leave the house in a decent condition because the banks will come after them for any gap between the sell price and what they owe.
4. mark said...
i have seen several houses in the UK that had been repo, walls inside had been knocked down, general damage and lack of maintenance..........This is very applicable as any further downturn in the states affects UK banks...... only gordon brown would say such a stupid thing...lol