Nice sunny Spring day in Pabst Farms...
...a place that advertised itself early on with the arrogantly dismissive boast:
Everything else is just a subdivision
Something new: two houses, side-by-side, sporting "for sale" signs. And there are at least six others among the few that have been built and occupied, in the past three years that are being offered for sale. One of them is a F.S.B.O.
This one is "For Sale"...
...Or, you could rent it, if you like.
Agents always tell those who come to look at a vacant property that the previous owner was transferred suddenly to a new job in Charleston or some other unlikely place.
But this is a story I heard first-hand last fall. A guy in a white pickup came to install my new DSL service, here in Waukesha. He said that he was losing his P.F. house to foreclosure, that he and his wife had moved to Pabst Farms in 2006, thinking that they could make out pretty well--as flippers--in the hot market. He went on that his business had gone flat, and that his wife's income had been likewise halved.
They were in default, trying to sell, looking at the inevitability of foreclosure. Now, it is probably bank-owned and "for rent"--that's what it says on the little white part of the sign.
(click tho photo to enlarge)
- ► 2012 (15)
- ► 2011 (25)
- ► 2010 (31)
- ▼ April 2009 (5)
- ► 2008 (50)
- Jim Bouman
- Of the biblical allotment of three score and ten I have lived only three of them more than a bicycle ride from one of the Great Lakes. I grew up ten blocks from Lake Erie in the (once Irish/Italian ghetto, now newly-hip) "Near West Side" of Cleveland. I can still cycle to the Milwaukee lakefront in an hour and a half; but, a round-trip has always been more than I would (noror ever did) attempt. -0- I'm a "...somewhat combative pacifist and fairly cooperative anarchist," after the example of Grace Paley (1922-2007). -0- I'm always cheerful when I pay my taxes (having refused--when necessary--to pay that portion of them dedicated to war). -0- And I always, always vote.