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The Reason Foreclosures Don’t Sell

September 2nd, 2008 by Connie | Filed under House Hunting.

Here’s a foreclosure I toured today with Sandra the Long-Suffering (who earned her title putting up with the mister and mrs. with nary a scowl.) This 4 bedroom/2 and a half bath/2 car garage brick is only 2 years old.

foreclosure not selling

Not too bad… so why has this little gem sat unloved so very long?

Could it be the tacky wallpaper borders strewn about with such enthusiasm? Nah… they’re just stapled in place, not glued.

The kitchen *is* a bit small for a 2200 sq. ft. home.

Could it be the spacious backyard? Perhaps buyers dislike mowing with great intensity…

Or the plain, vanilla house-rear?

Wait… what’s this? Perchance a clue? How on earth does one get a hole in the siding with lovely duct tape trimmings?

Yeah… here we go. This just might scare off potential buyers for months on end…

This home needs the usual– new flooring, paint, appliances, some minor sheetrock repair, plus the fix to the hole outside and a broken kitchen cabinet door. The floorplan is good, the price is right and the school district is the one most favored in our area. There doesn’t appear  to be any signs of current bee activity and, best guess, that hole was punched in the siding to fumigate the insects… but I’m seriously stumped as to why the bank doesn’t pay someone to clean up dead bees?

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2 Responses to “The Reason Foreclosures Don’t Sell”

  1. Rehab Planning: Fantasy Foreclosure Makeover | 5/09/08

    [...] made an offer on the Bee House. No details to report until negotiations are over but the mister and I are already hip deep in [...]

  2. A Tale of Two Deals: Foreclosures in a Still- Hot Market | 7/10/08

    [...] district of choice, hoping to find a 3/2/2 or larger brick in close to move-in condition. The Bee House is a fairly typical, if somewhat distressed, [...]

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