Several houses in my neighborhood have been bank owned recently and I've 
considered buying. One was so cheap it wouldn't have added $450/mo to my 
current mortgage. Somebody with money could have bought half the neighborhood.

The cheap house was sold and the new owners have redone it and done a very good 
job (better than I would have I think) and it looks like the house next door is 
sold too (sign is gone and hired people have been working on it) so now we're a 
whole neighborhood again, I like that, empty houses are sad. Detroit must be 
super depressing.

-Curt

Date: Sat, 5 Jun 2010 11:20:38 -0400
From: "WILTON" <wilt...@nc.rr.com>
To: "Mercedes Discussion List" <mercedes@okiebenz.com>
Subject: Re: [MBZ] OT Beer for henifay
Message-ID: <0d76c8a91805475b947af64ae2bc3...@wiltonpc>
Content-Type: text/plain; format=flowed; charset="iso-8859-1";
    reply-type=original

Absolutely certain/sure.

BTW, in June 1980, I assumed the payments on a small house (1400 SF) out in 
the country several miles from here.  The bank was about to foreclose on it, 
so when I assumed the payments, the owner/seller was able to keep his credit 
record somewhat in tact.  My younger son and I spent several hours during 
the next 2 weeks painting the exterior trim and the interior.  July 4th 
weekend, 1980, a master sergeant retiring from USAF moved out of base 
housing into that house; he's still there.  His rent check is always in my 
mailbox one or two days before the first of the month, every month.  I've 
painted the exterior again and put a new roof on it.  I've put 2 new water 
heaters in it and added a drain line to the septic tank drain field.  The 
tenant finished buying that house for me several years ago.  'Wish I could 
have had a dozen houses and tenants like that.  I had some others several 
years ago, but the tenants were such a hastle, I sold the houses.

Wilton

----- Original Message ----- 
From: "Curt Raymond" <curtlud...@yahoo.com>
To: "Diesel List" <mercedes@okiebenz.com>
Sent: Saturday, June 05, 2010 8:55 AM
Subject: Re: [MBZ] OT Beer for henifay


You're sure? I've just got 312 more payments...

-Curt


      
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