There’s a house that I pass on the way to taking the the Mini to school. It’s a corner lot on a busy street. I sometimes see the kids outside waiting for the bus, playing on the development sign. It’s been for sale for a long time. Of course, in this sort of market, this isn’t highly unusual, however, our area hasn’t suffered the way that a lot of the country has. Houses are sitting on the market longer, yes, but not as long as this one has. Also, atypical of the area, the house is in foreclosure.
A couple of weeks ago, I went out to dinner with a friend of mine, who recently bought a brand new townhouse. They spent the better part of a year looking at houses before they settled on building new. She told me that they had inquired about the house, and the realtor wouldn’t even show it to them. Why? Because the previous owners, before they foreclosed, plugged up all of the drains, turned on all of the faucets and then left.
And really, what.the.fuck? Why? WHY would people do that? Because you lost your house? Look, I get that foreclosing on your house isn’t exactly something you planned for, nor does it make for a feel good moment in your life, but really, I don’t care how much people are blaming the government for foreclosures, a good part of this is your fault. Sure, you were told you could afford a large mortgage, by some fly-by-night mortgage shop, but ultimately you’re responsible for the choices you make in life. No one else has your best interest at heart, except for you. If you made 50K a year and were told that you could afford a 600k house, wouldn’t you be suspect? If it sounds too good to be true, it probably is. I know that everyone wants to own a little slice of the american dream, and in recent years, that’s become increasingly difficult. I also know that there are other circumstances regarding the rise in foreclosures as well. But seriously, Don’t Buy Stuff You Can’t Afford. And don’t be that douchebag who floods your house because you bit off more than you could chew.
I needed to get that off my chest.