John Mayer's Real Estate Blog: Short Sale Freeloader

Short Sale Freeloader

As a Space Coast Realtor, I have seen a lot of crazy things happen in this market but this is kind of funny and sad at the same time. I arrived at a home in Port St John that I was going to show to find my clients talking with the neighbor and a police officer. The officer was trying to arrest the son of the seller (his Mom) who allegedly was stealing power with an extension cord from another neighbor while occupying the house rent free. This “short sale” home has been on the market for eleven months and the owner now rents a home down the street. She told me the bank can do what they want with the house and wished they would just foreclose and get it over with.

 

Just before I arrived the son had locked the deadbolt and ran out the back when he saw the police cruiser. I couldn’t get in to show the house because the lock box did not contain a key for the deadbolt. Eventually another two cars showed up and six officers were chasing him around in circles. The neighbor said, “They won’t catch him, you know.” “Why’s that?” I asked. “Because he knows where to hide”, was the reply. Just then he appeared on the road and quickly disappeared around the corner. The cops arrived on the road from out back and around and around they went. I don’t think they caught him, at least on that day anyway. When we finally got in to show the home, every light fixture and ceiling fan was missing and we think he was working on the plumbing and wiring. The place was a mess. There were dirty dishes in the sink, a mattress and clothes on the floor, an old TV and various piles of things. This was a fairly nice home at one time but was quickly becoming a shell just like the hundreds of others abandoned by their once proud owners. Let’s hope we get back on the right track soon.

 

Comment balloon 3 commentsJohn Mayer • January 18 2009 09:59AM

Comments

Wow, that sounded like an old keystone cops episode.... which way did he go???? He was using the home as his own hardware store, how bad is it going to get before someone gets a handle on this problem, thanks.

Posted by David M. Childress, I would love to be your RealtorĀ® in Akron Ohio! (Howard Hanna Real Estate Services) almost 11 years ago

John, it seems like the banks are causing the same problems out there that they do in Arizona.  They are unwilling to negotiate a short sale successfully but will let a home get trashed in the process.  Welcome to Active Rain.  I just noticed you are new to AR.  Excellent and funny first post!

Posted by Mark Organek, On a journey to accomplish one huge goal. (And the United States of America) almost 11 years ago

Great 1st post!  Funny; yet SAD.  How does a Short Sale stay on the market for 11 months?  The banks need to WAKE UP and sell the darn thing.  Then the seller needs to have some action taken for letting the home (he still owns) be trashed like this.

Posted by James Downing - Metro DC Houses Team REALTORSĀ®, CRS, GRI, ABR,MRP, MilRes, When Looking to Buy or Sell - Make the Right Move (Real Living | At Home) almost 11 years ago

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