Join Date: Apr 2012
Location: Your House Soon...Soon
Thanked 2,249 Times in 1,094 Posts
I recall some 400k+ homes in the Chicago area that had sat so long unattended that there were holes in roofs and fuzzy mold from basement to 2nd floor ceiling fans, and yet neighbors would jump on anyone who pulled into the drive to find out if and when the property would be going up for sale. I just talked yesterday to a broker who has a listing about 40 miles south of St Louis in a gated community. The property just had 63K worth of mold remediation completed in late November, and he can't even get anyone to drive by. The house is stigmatized, and personally, if I was writing a check for a half million house to put my kids in, and knowing some of the shoddy work that is being done, I wouldn't want anything to do with it either.