Posted on 03/07/2009 11:56:28 PM PST by Chet 99
No copper here. Amazing.
Gee, if they had time do that to the house, it’s evident there really wasn’t any copper there or anywhere near the place.
Photographic evidence of the decline of America into a 3rd world Nation.
Yeah, but there's some good plywood there for the taking! Have you priced plywood lately?
Wait until the foreclosure sales are for bank buildings that nobody will bid on.
I wonder... if the bank won’t take your house back, what prevents you from just moving back in?
What delicious irony.
First, borrowers use “ruthless defaults” to hang the house around the bank’s neck.
And now the bank says “Not it” in response. When the property taxes are not paid, guess who gets charged? The person who has their name on the trust of deed/deed/etc. Who gets charged for property safety violations? Same deal. Who has the liability for the attractive nuisance? The person on the deed.
Sure, the bank isn’t getting paid. They can still blemish the homeowner’s credit more than enough to equal acceptance of a default.
But now, the banks have pushed all the liabilities back on those who defaulted. And on houses where the value has dropped by 30% to 50%+, hey, this is delicious irony.
That’s why folks should use PVC or PEX.
Technically, nothing. Aside from the physical state of the property.
Make that CPVC or PEX.
On the other hand, now you can move back in for free. =]
CPVC for hot water, PVC for cold.
But truth be told, here in a cold climate, PEX rules. You can have water freeze in a PEX line and it won’t burst.
PEX is easy to lay, too. Flexible. But CPVC is cheap and doesn’t require special tools.
What is this “water freeze” of which you write?
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A while back I watched a TV program about a group of people living in the Amazon Jungle/rainforest. The primary occupation of the men was to hunt animals , sometimes they were in the jungle for 3 days to 1 week hunting animals to feed the tribe, when they returned to the “village” they feasted on animal flesh and drank a fermented drink prepared by the women in their absence.
When they soil played out, or the game diminished in the area or their “houses” became infested , they burned the village and went out into the forest and built new houses.
Maybe that`s the way to go.
What I’m wondering is what about the taxes? If the property is still listed in the homeowner’s name, and the bank hasn’t foreclosed, doesn’t that mean taxes are accruing? Will the homeowner still be liable for the taxes? Eventually, seems the government would own the home because of back taxes that were not paid by bank or homeowner. If somebody gets hurt on that property and there’s no insurance, can the homeowner be sued?
Sued for what? They don’t have any money.
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