I can understand it when people with lovely homes want their agents to put Ready for your prequalified buyers in the listing. No one wants to have lots of people wandering through the house who aren’t serious buyers and don’t have the resources to buy it.
I had to wonder about this little number though on Missouri Ave in Phoenix, AZ. The listing starts, Well priced home. Ready for your prequalified buyers… Here’s the main photo: [MLS #4224996]
I think it has granite countertops in the kitchen: [Or maybe that's mold, I'm not sure]
I wonder if the pine tree air freshner on the light fixture is doing its job?
Yep. You can sure see why they wouldn’t want any unqualified buyers in this place. Of course, at $37,500, you have to wonder how many folks out there couldn’t qualify.
We of course always appreciate it when L gets us a neighborhood foreclosure map:
Here’s what L had to say:
This doll house complete with granite countertops and tile in the bathroom once sold for $194,000 dollars……………. In its best days wasn’t worth more than $58,000 and nothing in the neighborhood was either. However I bet all the rest were sold at inflated ridiculous prices as well, or refinanced to that level. As you can see by the map this is going be a big blow to the neighborhood. Perhaps cleaning the toilet and STAGING it might help the sale. From an AP article today:
You couldn’t hurt this or any other neighborhood if you dropped a bomb on it. They were all over inflated. (“Foreclosures are typically sold at a deep discount, hurting neighbors’ home values.”)
Mish's Global Economic Analysis
Bubble Meter
Northern Virginia Housing Bubble Fallout
Ohio Fraudclosure
UK House Bubble
Breaking News Relevant Articles© Copyright 2012 Housing Doom | Copyright© 2011, AuthentiCraft, Inc.
Clean the toilet? How about at least flush the toilet?
On the other hand, who doesn’t want granite countertops? Lipstick on a pig, perhaps?
One team of agents writes “best buy since the Louisiana purchase” on all of their crappy listings….
Its ok, we are at the bottom. didn’t you see multiple articles in the press?
AZRob-
I know it. I had some friends over this morning. A couple of them are lamenting about how they don’t seem to be able to sell their homes- they are really anxious to build- after all, it’s all uphill from here.
I would have warned them, but with houses on the market for over a year, and saying “We’re not dropping the price because we’re not in a hurry,” I figure they won’t be going anywhere for awhile.
Keith-
And it’s not even much of a pig, as pigs go.
Doesn’t that little piece of dining room art belong on some stripper’s butt?
The car air deodorizer tree is always a classy addition to any house.
No Way!!!
Is that a lincoln log in the bowl? They could have at least put the lid down before snapping the shot.
Nothing like cheap entertainment, I got a good hearty laugh on that one.