Monday, September 15, 2008

Foreclosures

Call me stupid, but I don't get the whole foreclosure thing. I don't mean how people lose their homes to their lenders because they can't make the payments. That's basic.

What I don't get is why banks will go to the expense of kicking a body out of the house and then be saddled with an empty property that is the target for vandalism and squatters and all that. I mean, are they getting such a great tax break for losing on their investment that it's worth having a home sit there empty, with grass growing as high as an elephant's eye (we have two in our neighborhood that finally got mowed by the homeowner's association)? And in the meantime, there's a family somewhere that's lost their home. Sheesh, let them live in there for $5 a month as long as they mow the grass!

4 comments:

Tony Adams said...

How do you mow an elephant's eye? Much less two. Will it be blind now?

Tony Adamns said...

How do you mow and elephant's eye? If you mow two will it be blind or were there two elephants? You would need two long arms to reach that high.

Tony Adams said...

Sorry. I did not see that it was posting beside this typing section. When did you add all the complicated stuff with word verification? You did it to stop stuff like this didn't you?

Karen said...

umm...kinda...