I’m dedicating this post to swimming pools. That’s right…swimming pools. We have swimming pools everywhere in Florida. Here is a picture of our pool.
This is what they are supposed to look like, sparkling, refreshing and very inviting. It makes you want to jump in doesn’t it?
Now contrast our swimming pool with these.
This is what pools look like when the property is a REO (bank owned) or a short sale. Not all the time but certainly most of the time.
Needless to say these can be a HUGE problem. There are probably 1,000s of pools, that look like these, throughout Florida. The first thing that comes to mind is “Mosquito Hell”!!! Not to mention snakes and a myriad of other creatures that we have not been able to identify. Here’s an article from The Orlando Sentinel about this issue.
Another problem we have is the theft of pool equipment and heaters. I met Andrew Cox of Cox Inspections and a fellow ActiveRain member at one of my pending REO properties this morning. Andy beat me there but called minutes after his arrival to ask me where the pool pump, filter and heater were. Beats me. I swear they were there 5 weeks ago when my buyer and I negotiated the deal. Good thing we have the right to inspect and CANCEL!!!
So folks, foreclosures are affecting the market in many ways. Can you imagine living next to one of these pools?
Oh well….that’s all I got for you today. I’m going swimming!!! Want to join me?