From the Calculated Risk Comments:
You were supposed to repo the car, you idiot.
Ottnott | 09.26.07 - 9:18 pm | #
How much you say gas is ?
David | 09.26.07 - 9:25 pm | #
It's all downhill from here.
Robert Coté | Homepage | 09.26.07 - 9:27 pm | #
"Location! Location! Location! The NEW Hovnanian Deal of Century. Commuter's dream with DIRECT access to freeways."
baoinvestor | 09.26.07 - 9:33 pm | #
CFC collateral on its way to the FED window.
crashcadia | 09.26.07 - 9:38 pm | #
Caption:
"Charming ranch. Easy access to interstate and conveniently located near downtown. This fixer-upper can be tailored to suit any buyer's needs:
Customize this gem into your family's dream home, or create the ultimate investment property and let somebody else pay your mortgage!
But hurry, this won't last long! Owner has received multiple offers and may increase asking price.
Get instant equity AND stop throwing your money away on rent!"
ac | 09.26.07 - 9:38 pm | #
New home marketing concept: choose your house, and THEN choose your neighborhood!
Lumpeninvestor | Homepage | 09.26.07 - 9:41 pm | #
Oh look,, a free house on a free way!
glassman | 09.26.07 - 9:52 pm | #
NOW that is a Zero lot zone!
glassman | 09.26.07 - 9:55 pm | #
Hovnanian claims "thru traffic was 50,000 potential buyers per day!"
idoc | 09.26.07 - 9:59 pm | #
So, you decided not to attend the Great Hovnaninan the Sale of the Century, eh?
Well, we're bringing our homes to you!
rich | 09.26.07 - 10:02 pm | #
"New drive-through crack house breaks statewide revenue-growth records."
ac | 09.26.07 - 10:09 pm | #
"Price reduced - now only $570,000! Zero-down financing available!"
gng | 09.26.07 - 10:13 pm | #
"Free or Best Offer"
Stagflationary Mark | Homepage | 09.26.07 - 10:16 pm | #
Stripping of Bank REO properties takes quantum leap.
M-F | Homepage | 09.26.07 - 10:17 pm | #
"Hello, Honey, well it's the house, it's not there. Yes of COURSE I checked it was tied on properly! What do you mean you want me to go back and look?"
MsHabanero | 09.26.07 - 10:23 pm | #
"Rumble-mail."
gng | 09.26.07 - 10:27 pm | #
Sagging ratings forced A&E to take to the streets and promote their TV show, "Flip This House."
Early results show overwhelming response by LA commuters.
crashcadia | 09.26.07 - 10:34 pm | #
Brave bungalow fails in desperate attempt to escape LA housing crash.
Baltimore Bob | 09.26.07 - 10:43 pm | #
I guess *All* real estate isn't local afterall
ajmstilt | 09.26.07 - 10:44 pm | #
"My Other House Is a Motel 6"
"HOV Lane Violator Safe House"
"Come out to the coast! We'll get together, have a few laughs."
(The last one is a quote from Die Hard.)
Stagflationary Mark | Homepage | 09.26.07 - 10:52 pm | #
THIS Realtor(r) really knows how to move houses.
BLB | 09.26.07 - 10:55 pm | #
Cozy 1 br, close to transportation..this o
Alo | 09.26.07 - 11:05 pm | #
This home is priced to move!!!
Ministry of Truth | 09.26.07 - 11:16 pm | #
Someone got pissed because it was destroying comps in their hood?
"Fixer upper. Bring your imagination."
barely | 09.26.07 - 11:35 pm | #
C'mon down to Crazy Eddie's Roller Skate Emporium just off Hollywood Freeway's northbound shoulder in the Cahuenga Pass. We'll supply the Kool-Aid, roller skates, helmets, pens, and disclaimer forms! Bring the kids! Fun for all ages! Plenty of free parking!
I just can't stop looking at the picture apparently. Shame on me. Is it any wonder people are gawking?
Stagflationary Mark | Homepage | 09.26.07 - 11:54 pm | #
Somebody with a few thousand to spend on a practical joke could have this delivered to the parking lot of the closest CFC, go inside and tell them that he can't make the payments anymore, so he's brought their house back.
riddler | 09.26.07 - 11:56 pm | #
NAFTA's latest Pilot Project
crashcadia | 09.26.07 - 11:59 pm | #
Foreclose? I thought you said Repo.
cmhappyrenter | 09.27.07 - 12:22 am | #
Suzanne Researched it.
crashcadia | 09.27.07 - 12:26 am | #
Price reduced! NOW $899,000
PrestoPundit | Homepage | 09.27.07 - 12:29 am | #
The wheels are OPTIONAL.
Sippn | 09.27.07 - 12:30 am | #
Equity tranche of a CDO**2.
NC Jim | 09.27.07 - 12:33 am | #
Buy this house at its regular price and get an additional house of lesser value for free!
Stagflationary Mark | Homepage | 09.27.07 - 12:34 am | #
Can someone photoshop in a sign spinner.
ack | 09.27.07 - 12:47 am | #
The price of real estate in California is so repellent that even the houses themselves are leaving.
Brian | 09.27.07 - 12:57 am | #
"Dateline: To Catch a Predatory Lender"
Stagflationary Mark | Homepage | 09.27.07 - 1:17 am | #
LA Opens Portable Washroom on Highway for Commuters Stuck in Traffic
Dumb Canuck | 09.27.07 - 1:22 am | #
This million dollar home begins its nation wide tour on its way to the Smithsonian where it will be on display. This house epitimizes the historic housing bubble of the 21st century.
ack | 09.27.07 - 1:42 am | #
The other night I came home late, and tried to unlock my house with my car keys. I started the house up. So, I drove it around for a while. I was speeding, and a cop pulled me over. He asked where I lived. I said, "right here, officer". Later, I parked it on the freeway, got out, and yelled at all the cars, "Get out of my driveway!"
--Steven Wright
.
KurtS | 09.27.07 - 1:53 am | #
CALIFORNIA REAL ESTATE IS HELL ON WHEELS!!!!! LET A REALTOR™ MOVE YOUR HOME FOR YOU!!!!
Leslie Appleton Young | 09.27.07 - 2:01 am | #
"I know we tried everything else, honey, but I just don't think trying to sell it door-to-door was a good idea."
LA's Only Non-Realtor | 09.27.07 - 2:22 am | #
In LA we are hauling all the poor middle class away at night while they sleep. So we can build McMansions!
A Flipper's dream: From the authentic grafitti to the orange traffic cones and great freeway access, this house just screams LA, CA! Nothing a cheap paint job can't fix. Better hurry, it may not be here next week!
bofiz | 09.27.07 - 2:32 am | #
Close to major freeways, shopping centers, and major landmarks.
Nozferatu | 09.27.07 - 3:05 am | #
"The proper use of a Ninja loan"
sooner | 09.27.07 - 3:24 am | #
"Reduce speed - moral hazard ahead"
central_scrutinizer | 09.27.07 - 6:03 am | #
My first thought was, damn, some appraisers will do anything to get a closed comp in a one-mile radius.
"Life in the Fast Lane" is good, but on consideration I think we have the descendants of the original old west pioneers, driving their chattel along the blazing trail, with a pause for the contemporary urban equivalent of the branding iron.
So I say "Don't Fence Me In."
Tanta | 09.27.07 - 7:08 am | #
"Wow, the wheels really HAVE come off the housing market."
"No, I said FLIP this house, not SHIP this house.
Jim a | 09.27.07 - 8:02 am | #
Saddened and depressed by a slew of low-ball offers, home tries to make its way to Pacific to commit suicide. Stopped by NAR crisis intervention team.
TC | 09.27.07 - 8:10 am | #
On the other side of the bridge (that you can't see), the roof is torn off where it hit an overpass. That's why the hauler had to dump it on the side of the road.
I guess you could call it a...
CLEARANCE SALE!
rich | 09.27.07 - 8:21 am | #
if you look closely, you can see Mozilo's shoes sticking out from under the house. See how his toes curl up!
There's no place like home, there's no place like home...
bacon dreamz | 09.27.07 - 8:30 am | #
A Bob Toll Booth
barely | 09.27.07 - 8:50 am | #
I believe this is a trailer park McMansion.
anon | 09.27.07 - 10:12 am | #
Having successfully traded his way from a paper clip up to a full house, he suddenly realized that the house wouldn't fit in his desk drawer, or anywhere in his apartment for that matter.
Peripheral Visionary | 09.27.07 - 10:41 am | #
After winning $350M in powerball, the Kowzwalski's loaded up their house in Gary, Indiana, and unsuccesfully tried moved to Beverly Hills, California.
Elvis | 09.27.07 - 10:54 am | #
"Scratch and Dent Sale - Save Thousands"
GP | 09.27.07 - 11:28 am | #
