Taking a ride through the land of lost homes

“The reality is simple. This is going to be a great tool to get buyers back into the marketplace.”

The yellow-and-orange bus would stand out anywhere even without the giant letters proclaiming its purpose: RepoHomeTourChica go.com. A handful of buyers have showed up to board the 12-seat shuttle parked at ... via Chicago Tribune

Read All 7 Comments

Posted by: roboblogger

Full Story: Chicago Tribune

Related Topix

Business - Housing, Foreclosures
Places - Streamwood, IL, Schaumburg, IL, Hoffman Estates, IL
Life - Home Listing, Home

Comments

Showing posts 1 - 7 of 7

fsmrules Joined: Apr 6, 2008 Comments: 86 United States	Reply » \| Report Abuse \| Judge it! \| #1 Apr 28, 2008 I don't see how this is wrong. Why should the home sit around and deteriorate? That happened a few door down from me. Nice family, nice house. The people who lived their left suddenly and a "bank owned" signed went up in the window. The home sat vacant for months and over the winter pipes burst, the back door was open and wildlife moved in. A real estate agent friend told me that the house was trashed and had graffiti on the walls and lots of damage. How likely is this home going to sell now? I blame the bank for it's condition, not the previous owners!
Disgruntled Resident Thornton, IL	Reply » \| Report Abuse \| Judge it! \| #2 Apr 28, 2008 All a bunch of ghouls. Rotten stinking bums.
roseyviolet New York, NY	Reply » \| Report Abuse \| Judge it! \| #3 Apr 28, 2008 “I figure you can't lose with real estate.” Yeah. I’m guessing that’s what the previous owners thought, too. But of course, that was totally different. They just weren’t smart, savvy, experienced investors. “It would be my first investment.” Er. Well. I fail to see how this can possibly go wrong!
Lucid Realty “Full service, discount broker” Joined: Apr 14, 2008 Comments: 278 Chicago, IL ISP Location: Chicago, IL	Reply » \| Report Abuse \| Judge it! \| #4 Apr 28, 2008 This is a great way to get people back into these homes. The longer the homes stay vacant and the more of these homes there are in neighborhoods the more the property values in the neighborhoods go down. But it makes me nervous to hear people approaching real estate as an investment - it's not unless you are a real estate investor and you do your math to make sure it's going to have a better return than alternate investments. Otherwise it's a place to live.
Mr REO Orlando, FL	Reply » \| Report Abuse \| Judge it! \| #5 Apr 28, 2008 Well Lucid Realty, guess who went after "investors" with all kinds of "great deals" on real estate? You guess it right, REAL ESTATE BROKERS!! Now, they are cashiers in Winn Dixie.
Lucid Realty “Full service, discount broker” Joined: Apr 14, 2008 Comments: 278 Chicago, IL ISP Location: Chicago, IL	Reply » \| Report Abuse \| Judge it! \| #6 Apr 29, 2008 You are correct, and we do not hold the industry in high regard for that. That's why we came into the industry - to turn things around.
Jahree Battle Creek, MI	Reply » \| Report Abuse \| Judge it! \| #7 May 7, 2008 this is great stuff

Showing posts 1 - 7 of 7

Type in your comments to post to the forum

Name
(appears on your post)

Comments

Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Streamwood Discussions

Topic	Updated	Last By	Comments
Elgin man charged in belt beating	18 min	howard crews	5
Poll: do police have the right to stop you without cause	29 min	THE TRUTH	43
7 charged with smashing windows in Rolling Mead...	3 hr	Anon	1
Former committeeman jailed, faces theft charges (from Jul '07)	3 hr	eileen	7
Sears profit drops 62%, outlook weak	3 hr	DaveG	41
American Family Association ends McDonald's boy...	5 hr	Huh	77
Poll: are we sick of obama yet	9 hr	THE TRUTH	3