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Sunday, December 13th, 2009 at 8:55 AM

Housing To Keep You Trim

The perfect REO Diet Plan: Dancing, Cocaine, Eating Prevention Device, and Swimming!

I’m not sure you could split this lot. The frontage on Lone Jack is too skinny, and zoning is for multiple-dwellings, but I would think they’d insist on two-acre minimum lot size. Opening bid was $675,000.

Posted on Sunday, December 13th, 2009 at 8:55 AM in Foreclosures/REOs, Jim TV, North County Coastal, REOs for sale | 15 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: 15 Responses

  1. So, what do bulldozers rent for these days?

    Art Eclectic | December 13th, 2009 at 10:58 am

  2. What a nightmare! I was asking myself what did it smell like just before Jim said he wished he had a stench-o-meter on the camera!

    Jim, you’re a brave man to willingly walk into a place like that. Have you ever encountered a trespasser when visiting one of these places?

    François Caron | December 13th, 2009 at 11:30 am

  3. what do you folks think the smell was caused by?

    Homeless people camping in there? blocked sewer vent? Mold in the walls?

    A place like that shouldn’t smell bad, it’s above ground.

    And why was the kitchen stapled off?

    was it structurally dangerous or were they trying to keep people from stealing the appliances?

    pat b | December 13th, 2009 at 12:14 pm

  4. How about some appraisal reform:

    http://www.azcentral.com/news/articles/2009/12/13/20091213reg-appraiser1213.html

    buy a house and get rich | December 13th, 2009 at 12:34 pm

  5. Note that the turntables look like 50s devices, since one had 2 arms looking like a disc cutting device that was seen in the 1950s. The house sort of look it grew like topsy, the entryway looks like it was a porch at one time etc. It would be interesting to see if the house has permits for all its additions.

    Lyle | December 13th, 2009 at 1:01 pm

  6. I’d bet the kitchen was closed off to foil squatters.

    Art Eclectic | December 13th, 2009 at 1:20 pm

  7. 3.5 acres and zoned multi-unit… Could work for some multi-generational family. But the coke on the mirror would have to go.

    Could you de-funk the 2nd house and fix up the place for $100k? If so, it could be a good deal for the area. Especially with a detached granny flat.

    UCGal | December 13th, 2009 at 1:46 pm

  8. talk about leverage:

    a 200k purchase price @ 3.5% down via FHA = 7500 down

    200000/7500 = 26.66 times leverage. Isnt this the same kind of leverage that wall street brokerage firms in trouble?

    At zero down your leverage wouyld be undefined, because remember you cant divide by zero.

    Do any of you see a problem here?

    buy a house and get rich | December 13th, 2009 at 2:30 pm

  9. Site is back up… wow that was weird! Logged on a few hours ago and a black and red sign came up that said “you’ve been hacked”. Glad it was resolved and no damage was done.

    JAP | December 13th, 2009 at 7:13 pm

  10. JAP – i noticed that too… screen had on it c2panel
    doubt they would give themselves away, but it stated it was some hacker and that this site had been hacked….

    james | December 13th, 2009 at 7:18 pm

  11. That steel arm on the left hand turntable looks like a mastering arm to cut a master for old vinyl records (as Lyle mentioned). Normally tonearms have to be real light, but a mastering arm has to be real rigid. I wonder what the history of that house is.. It is very unusual to have that type of equipment.

    ucodegen | December 13th, 2009 at 9:11 pm

  12. When was the last time someone lived in that house? IIRC, they’ve been trying to sell it for quite some time.

    The listing said it had a possible easement issue. Is it easily rectified (new driveway easily installed), or is the topography too steep for that?

    I actually like the farmhouse! :)

    Anonymous | December 13th, 2009 at 11:07 pm

  13. That’s on Lone Jack? Where? I thought I knew that road reasonably well. It must be in that long straight by all the stop signs.

    Aztec | December 14th, 2009 at 11:54 am

  14. Nice homes off Lone Jack and near the barn, but those stop signs are a deal killer for those still working and have places to go.

    3clicks from da beach | December 15th, 2009 at 9:57 am

  15. Love the stop signs! Keeps traffic speed down, acts as a natural limiter for the amount of traffic going by, encourages other routes to be taken/opened up, etc. Also keeps a country feel. Too much of San Diego is already ruined in the name of development and growth. I have to admit, Euro roundabouts would be awesome, though.

    Aztec | December 15th, 2009 at 12:56 pm

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