Neighbors
"Neighbor" , "Neighborhood" and Neighborhood Associations
Truly detest vacant properties.
Neighbors know that the property will be dumped, causing the “comps” for the neighborhood to drop dramatically.
Neighbors love the concept of a professional Caretaker to maintain the property for sale – the Neighborhood benefits by having avoided the “Ghost Town” look.
Historically it only takes as little as 5% of the homes with the lack of proper upkeep in a neighborhood to dramatically alter the perception of the entire area or community.
Homes in Transition is the cure for a declining neighborhood and neighbors often are the first people to mention that they have a friend on the other side of town with a vacant house.
Your Neighbor has decided to sell their home or has become a victim of this economy and is in danger of losing it to foreclosure!
YOU are IMPACTED and not in a good way!!
If your neighbor's house goes Vacant:
- It becomes a magnet for crime
- It will only get "Low Ball Offers" because buyers in this market are not stupid and are being coached by everybody they know to only place rock bottom bids on any empty house.
- Even if your neighbor plans to just throw up their hands and give up...
- There is a smart way to do it..
-
It will PRESERVE your homes value by keeping the Comps higher...
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It will PRESERVE your neighbor from owing even more, potentially forcing them into bankrupcy...
Get our Caretaker in the property in advance and hopefully convert the potential foreclosure into a SHORT SALE.
And, all it takes is a phone call.
You have to show this site to your neighbor -- to save them and to save yourself.
Your Neighbor, giving up their home, WILL hurt YOU !
We can't say this clearly enough -- when your neighbor goes down, so do YOU!
What should you do, what can you do?Take action, be a good neighbor and lead them to this site -- just so they have the information!
We see it every day, people in the depressing position of potentially losing their dream house, mentally shutting down due to the trauma and the depression of the entire situation.
But, if that house goes Vacant, gets Stripped or Vandalized -- YOU are going to really be adversly affected if that house sells $100,000 or more below its real value; Banks don't care, they are going to foreclose, they go after the neighbor and if bankrupsy does occur, banks get a huge write-off -- so it matters more to you, than it does for them! Content
Comps... Comparables, the Foreclosure or Short Sale next door -- YIKES
It's only going to drive the values of your home down, so do yourself a favor and your neighbor a favor and tell them about Homes In Transition or better yet, show them on your computer!
Your Neighbor, giving up their home, WILL hurt YOU !
We can't say this clearly enough -- when your neighbor goes down, so do YOU!
What should you do, what can you do?
Take action, be a good neighbor and lead them to this site -- just so they have the information!
We see it every day, people in the depressing position of potentially losing their dream house, mentally shutting down due to the trauma and the depression of the entire situation.
But, if that house goes Vacant, gets Stripped or Vandalized -- YOU are going to really be adversly affected if that house sells $100,000 or more below its real value. Banks don't care, they are going to foreclose, they go after the neighbor and if bankruptcy does occur, banks get a huge write-off -- so it matters more to you, than it does for them!
Comps... Comparables, the Foreclosure or Short Sale next door -- YIKES
Really needs no explanation but let's talk about it for a moment. ALL homes in a neighborhood are affected by "Comps"... the comparable values in your immediate vicinity. So what happens to your home value when the bank "short sales" your neighbor's house and then goes after your unfortunate neighbor for the balance -- it still is going to destroy YOUR house value.
Neighborhood Associations -- Change your bylaws!
An Association has bylaws to protect all those in the community. But we are in extraordinary times and how can the association help EVERYONE involved when people are abandoning their houses for repossession? Well, give Homes In Transition a call and we can suggest a change to your bylaws that can be voted on in the very next meeting! Prevent the lawns from destruction, general maintainance and upkeep from making your neighborhood from turning into a Ghost Town, one foreclosure at a time... It's your house values that are suffering as the bank ignores all requests to "take care of the house". A bank gets a great big write off when they "lose money" on a foreclosure, it's a paper loss because what they can't collect, they get back from the IRS in tax credits, so the only ones really losing are your and all your neighbors. Don't let it happen -- call us!
Could entire neighborhoods be wiped out -- YES, here is HOW!
One house is bad... but what happens when you have every tenth house in foreclosure? The sad fact is that the entire neighborhood goes into a death spiral and gets wiped out -- the values will not recover anytime soon because of the "comps" and buyers will say, "Why should we pay what the house WAS actually worth -- when all the comps are 35% less than the asking price?"
It's a tough one... that cannot be answered BECAUSE the neighborhood, the entire neighborhood -- did get wiped out!
We have assembled a list of Videos
that you as a Homeowner should be
interested in watching... just click on
the photo's to launch the videos!
A Swimming Pool...
it's not all fun and games
You have serious exposures...
KOAT
News Anchor
Shelly Ribando
does a
feature story on
Homes In Transition
in Albuquerque.
FOX
Business News
does a feature story
on Homes In Transition
and how we compare
to one California Mayor
who solves his
vacant home problem
by painting dead lawns green.
ABC's
Nightly News
interviews
Homes In Transition's
Caretaker
on
Foreclosure's
SILVER LINING!
ABC NOW...
"Money Matters"
does a feature story
on how people
are using
(VACANT)
Foreclosed houses
to throw Foreclosure Parties
and the horrific aftermath.
Just look at what happens
when a Home
becomes a Vacant House...
and if your house has been vacant
more than 30 days...
your INSURANCE
is most likely not in force...
Insurance companies have a
clause in the policy that
automatically drops coverage
for an empty, vacant and vunerable house.
MSNBC does a story on
Foreclosure Stripping
becoming an epidemic
in many parts of the country.
Thieves don't care
if the home is in Foreclosure
or if it is simply empty,
vacant or unoccupied...
they have an easy target.
Matt has the
feature story on
Foreclosure
Stripping
on the Today Show.
It's an eye opener!
I'll just RENT my HOUSE !!
So, you think you want to
become a Landlord?
Have RENTERS...
make some money
while your house is on the market...
Have your Realtor
walk in with clients...
Show them the bedroom
of your house --
and have it look like this?
