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Friday, December 12th, 2008 at 10:23 AM

Sound of the Year

Heard in every foreclosure in town, this lovely chime gets my vote for Sound of the Year!

Posted on Friday, December 12th, 2008 at 10:23 AM in Foreclosures/REOs | 8 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 8 Responses

  1. Woohoo!!! Ugly, chirping houses for everyone!!!!!!!!!!!!!!!!!!!!!!!!!!

    greenlander | December 12th, 2008 at 10:39 am

  2. It’s interesting you’ve pointed out these basic maintenance issues, because an apartment complex is right on top of these things in-between renters. They’ll get 95% of the issues and do a pretty good job of cleaning compared to what you might see in a vacant house. I’ve noticed that often the longer the vacancy, the more you can tell.

    What this says is that many banks aren’t efficient or even motivated landlords. Part of this is it’s just hard to admit that harder times are ahead and you need to start ramping up on loss mitigation efforts like squeezing the most out of REOs. It’s as if they wanted to sell their $10,000 car but can’t be bothered to pay for a $15 car wash. Trust me, it’s worth every penny.

    It’s the same psychology that makes it hard to sell your stocks after massive losses, even in a potentially declining stock market. Most of your losses have already happened, so it’s hard to justify the possibility of selling to prevent further losses by selling.

    BDiego | December 12th, 2008 at 10:41 am

  3. That is one of the most annoying noises in the world. Now that I think about it, it’s probably intentional.

    Kwaping | December 12th, 2008 at 11:22 am

  4. What noises? Are you sure? I think that green wall color is causing hallucinations.

    What you are alluding to is the problem of empty housing. It deteriorates far faster than people imagine. IE houses and one summer is enough.

    Rob Dawg | December 12th, 2008 at 11:36 am

  5. White powder on the bathroom sink?? (looks like nice cabinets too).. Was someone doing a line of coke and had to bail quickly? Is that where the MEW went? What was the object at timestamp 0:53?? razorblade??

    ucodegen | December 12th, 2008 at 3:55 pm

  6. Looks like someone was on mushrooms when they painted the place.I think a two year old could have done a better job and picked a better color.
    sound of the year = ice cream truck

    arizonadude | December 12th, 2008 at 4:09 pm

  7. Jim,

    Your video about the smoke detectors reminds me of a Mitch Hedberg stand-up bit. If you don’t know who Mitch Hedberg is, you’re in for a treat, because I know you’re a big George Carlin fan (as evidenced by your video!).

    This guy was one of the best comedy talents of all time. Too bad he ODed and died. Seems all the greatest ones always do.

    http://www.youtube.com/watch?v=o8J9LMT-Aqk

    KP

    KP Springfield | December 12th, 2008 at 6:58 pm

  8. Brilliant post. The official sound of the real estate collapse, the annoying chirping of smoke alarms. Sort of the man-made counterpoint to crickets, eh?

    Hilarious.

    ice weasel | December 14th, 2008 at 5:43 am

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