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We haven't lost much on our house, LS had bought it at a really good price for the area. Some parts of NE Ohio have been totally destroyed in the falling prices.
The good news is last year, I looked at a 10 bedroom group home built in 2001 and the 4 bedroom 1922 house next to it that had been foreclosed on. They wanted $132,000 for both properties and LS told me know way.
Today I looked at those properties again and they had changed realtors been thoroughly cleaned up and the price is now $80,000 for both, but the realtor said Chase really wants to get rid of them so I'll probably offer $72,000. This year if I can get the credit, I'm buying them.
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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"
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