Long before 2008 the US was in a decline . My experience began in 2004 , and selling my town house below $124,000 discovered the leap in home values and tripled prices . The homes I was shown were sad and I bought one , unaware of a multitude of problems .
I wanted out within days of moving in , and my agent laughed and said I had to stay there a2 years to recoup my money . This house was $124 k and all I could afford .
I sold it for $137,000. and a creditor’s lien took $5,000
The tax assessment came and it valued house at &142,000.
The ” flipping ” of homes was surreal , An older guy a few houses up committed suicide and his daughter cleared possessions saying she had 4 houses to deal with . It was sold in the court house steps . Old guy chose to take his life in his truck .
I was quoted $172 initial listing LOL
That was determined as an event of 2008 , my self and many others I spoke too had major housing problems with no one interested in resolutions .
That home of 2 years was Heaven and it was Hell and I pity the older gal who bought it as deal and had no concept of what needed to be done . She cut down Camellia bushes down out front , gracing the front and which are rarely seen .
I moved into a town house owned by an alcoholic , as he evicted a woman of color . I worked with her to get her things . Upon moving in there was broken glass and more to be dealt with . He fixed nothing and had my storage space full of his work related stuff. He said he photographed sports teams etc
I considered he was into porno but I scooted out of there pretty quick .
It was discovered that the Realtor – Insider began this housing nightmare 2008
I’m going to be very careful in selecting an agent .
The agent who sold me the nightmare house , committed suicide about 3/4 years ago . She was addicted to Xanax , had taken charge of 2 step daughters , and slammed more that a few people with her representation.