Hattip to KH for noting this Washington Post article on foreclosed former "flop houses".
"County inspectors. . . found that the basement had been improperly divided into four rooms and that the house was set up for as many as 15 occupants.The author of the article (Bill Turque) calls foreclosures "just as toxic for a neighborhood" as illegal occupancies. But an opportunist from the comment section has a different take:
They cited the owner, Elsa DeLeon, for a series of code violations and ordered her to bring the property into compliance. DeLeon, a Honduran immigrant, told The Washington Post at the time that only eight people lived there, all family members who were needed to help make the mortgage on the house she bought for $550,000 in 2006".
By May, it was in foreclosure, sold to Deutsche Bank National Trust Co. of Kansas City for $120,600, according to county records. The house has been vacant for months; DeLeon could not be located to comment. It will go up for auction today, along with hundreds of other foreclosed properties areawide, at the Washington Convention Center. The starting price is set at $169,000 -- less than half the value of surrounding homes.
"Folks, get out there and look at these foreclosed homes. I just bought one in the same zip, 22150, that the article talks about. [I]t was totally trashed. Carpets had been spilled and peed on, and not cleaned up, so every carpet had to go. One of the residents ran a drywall business out of the house, and the gardens, which the previous owner had cared for lovingly for so many years, became the trash pit for the leftovers from the drywall business. The roaches in this place were unbelievable. . . . I got this house from the foreclosing bank for almost $150,000 less than neighboring sales. With about $30,000 in renovations, and several months of my own blood, sweat and tears, I've got this house well on the way back to a beautiful house. And I could never have afforded it if it was in good shape to begin with".