It has seemed that the person that bought the house next door and the strange contractors that worked on it were complete insane, but they talked up a good story about how great! they were doing, and on some level, you want to believe them.
Apparently, they were not doing that great, as evidenced by the fact that last month their water was shut off, and this month, their electricity was cut off.
With the looming housing crisis, you have to wonder what will happen, and just how bad the place will look when it finally gets sold. I had a handyman/contractor come by last week to look at a busted storm window, and he said it would only be worth about $500,000 if it was in perfect shape, but he thinks $350,000 would be more likely, given the amount of work that needs to be done. I wonder if they still want $1,200,000 for it.
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