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Author: theHedgehog Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35244  
Subject: Re: I'm laughing, sort of Date: 11/15/2007 11:55 AM
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Another few months of such substandard maintenance and it will be worth even less than it is today in the current depressed market. And another few years of such lack of maintenance and it will be worth nothing more than the value of the land it sits on. As far as the neighborhood is concerned, the best thing would be a quick foreclosure, followed by a sale at a lower price to someone who an afford to maintain it properly.

Is there such a buyer? What happens to your neighborhood if the house sets empty for a year or two? If there are buyers standing on the corner, then, sure, throw the bum out. But...

Hedge
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