Deadbeat Tax

by | Feb 21, 2013 | Bubbleinfo TV, F-List, Foreclosures | 3 comments

I am expanding the team to provide a wider range of services, and in particular, to work the f-list more effectively.  Here’s one off the list today:

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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3 Comments

  1. avgjoe
    avgjoe on February 22, 2013 at 6:35 am

    It can be tough to flush a squatter. we had one next to us for quite awhile. talk about a loser. He had no water in the house and had to bring in bottled water to take showers.

    the sheriff showed up one day and went in yelling and the coward had left already. I talked with the realtor and evidently he bought some time buy moving the case from the superior ct to a federal ct. Not sure on what grounds but it bought him for free rent. Probably got 40-50k of free rent. the mailman told me he worked on computers. By the looks of him I dont think he ever done an honest days work.

  2. Kingside
    Kingside on February 22, 2013 at 6:47 am

    A deal I did with B of A back in 2010 with a squatter got me 5k off the purchase price. So I am thinking deadbeat tax comes to around 5k. Rounding error in the grand scheme of things.

  3. Jim the Realtor
    Jim the Realtor on February 22, 2013 at 7:00 am

    In this case I think it will be at least $100,000.

    This house looks better than the probate down the street which got run up into the mid-$700,000s, but I’m guessing that trustee-sale buyers will stop around $600,000, and maybe lower.

    If it weren’t for the squatter, the family could have listed this for sale on the open market – they should have anyway with the squatter in there.

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