What Happens When The Vultures Are At The House Before The Foreclosure?
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Usually when a foreclosure comes up for sale it is the vultures that are making the offers. However, in Hopkinton, Massachusetts the vultures are keeping the vultures out. That right, the reason the home is in foreclosure is that a group of turkey and black vultures invaded the property and made the home unlivable for the previous owners that they threw up their hands in disgust and moved away.
Now, if you were the real estate agent that had this listing, how would you market it? Remember that it is in the great state of Massachusetts so the wholesale slaughter of the birds may put you in jail before you can sell the property.
The previous owners blamed the huge birds for polluting their well, scaring their children, chasing their cats and causing myriad illnesses, but their presence hasn’t deterred Patrick Murray, a real-estate agent trying to sell the property. The house is not for everybody, Murray acknowledges. But for the right buyer, he says, the 1,746-square-foot, four-bedroom, two-story house on a .63-acre wooded lot could “make an excellent bird-watching bed-and-breakfast establishment.” “What am I supposed to do?” Murray asks rhetorically. “I’m trying to turn lemons into lemonade.” The house, which the bank took back in March after a foreclosure, sits empty…
The previous owners — Daniel and Sue Cullen, who bought the house in 2002 for $152,500 and lost it to foreclosure in August — have one message for prospective buyers: “Buyer beware.” With the vultures, Dan Cullen said, come liabilities. While he tried every technique he could think of to get rid of the birds, he also said last winter that he feared that he would somehow be held responsible if the birds moved elsewhere and contaminated someone else’s property. Town officials to whom the Cullens turned for help also cited their reluctance to get involved in a dispersal plan. They said they might be held liable. via insidebayarea.com
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
The part about the inventory is right on but in my area they are mostly low end and beat up ...
I worked for this man, he is a great con man and has done this in more than States then ...
You're right. If you come from Central Jersey (as the Boss and I do), you go to Florida at some ...
Maybe it was kryptonite...
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By Mike ...
I couldn't agree more.
The newspaper has always "stuck" it to the real estate agent with rates that were much higher ...
By the way, homeowners trying to get short sale approval should be aware that lenders are comparing the initial loan ...
Ouch! Thankfully I haven't come across anything like that yet. We normally don't have situations like that in ...
well, the guy was here illegally.
serves him right. 
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Comment by Mike Elliott on 13 July 2007:
I doubt even bird watchers would be enthusiastic about vultures. Let alone living among their chosen habitat.
Comment by Albuquerque real estate on 13 July 2007:
There’s something that doesn’t happen every day!
Pingback by The Feed Bag on 13 July 2007:
[...] at The Real Estate Bloggers asks What Happens When The Vultures Are At The House Before The Foreclosure? The twist being we’re talking actual vultures here. Ya know… sharp claws, pointy [...]
Comment by Michelle DeRepentigny on 14 July 2007:
I’ve had houses infested with squirrels in the attic…but vultures - thats just scary!