|Pop Culture Gadabout|
Sunday, January 20, 2008 |
( 1/20/2008 11:19:00 PM ) Bill S.
THE OLD HOMESTEAD: Real Estate Crisis: yeah, we know all about it. Since Becky and I moved from Illinois to Arizona in September, we've been paying both the mortgage on our old Normal bungalow and the rent on our new place in Arizona. This is no small deal on a social services salary - to have close to $800 a month going out on a place where you're not even living - and reading about lowering housing prices does not make for sleep-filled nights. At this point, just the possibility of breaking even, of selling our place at a price that'll pay off our mortgage + our realtor + the lawyer who has our power of attorney . . .well, let's just say that this possibility looks depressingly remote.
So today we receive a call from our realtor with additional grim news. The copper plumbing in our basement has disappeared. A little over a week ago, one of our former neighbors reported seeing some unfamiliar trucks in our old driveway. We phoned Normal PD to have 'em check things out at the house, but they reportedly found nothing untoward. Yet the other day when a realtor took some prospective buyers into the house, one of 'em noticed the pipes were gone. This absence prompted the prospectives to make an offer on the place that was over twenty thou lower than our asking price. Yowtch.
At this writing, our realtor is set to go out to the house with a plumbing contractor Monday to assess the damage. Meanwhile down in AZ, we feel stessed and powerless in the face of events we're too far away to influence - short of phoning our insurance carrier and the NPD, of course. And I have pointless daydreams of smashing some low-life over the head repeatedly with an extra-thick piece of copper tubing . . .