wow, we were walking back from the mailboxes this evening and noticed all sorts of notices posted on a neighbor's door. seems their unit is now owned by fannie mae, as either they or their landlord have defaulted on the mortgage. i'm thinking they are renters (we don't know them), as all their property seems to be in the home and i saw them walking their dog just last week. i've been home more or less all day for the last few weeks, and there have been no moving trucks in, so i think they're still in there. unless they got out this week during the daytime. if they're still living there i'd assume they haven't got home yet to find all those notices or the notices would be gone. one of the notices says in huge letters that vandalism of any of the property will be prosecuted.
similar thing happened to our downstairs neighbor a year ago - she was renting, and the owner sold the unit. the new owners gave her five days to get out. she went, as the other option was to be evicted - which does take 30 days, but which also damages your chances of renting anywhere else in town, ever.
we've found another of our neighbors' units, just across the sidewalk, on realtor.com - the neighbors are renters, and it looks like the owner is trying for a short sale. it's been on the market for a while, so i'm thinking they'll just walk from it soon if it doesn't sell. i guess i should ask the people living there, next time i bump into them, how the marketing is going on the unit in case they don't know it's for sale. there are no signs in the windows or anything, which one usually sees when a unit is for sale, and we don't get anyone in looking at these anymore in this market, so....
lot of vacant units now, very sad. and a lot of the people who own units are playing "absentee landlord" and renting to anybody they can get in - which means this place is resembling a trashy trailer park. sigh.
oh, well, this too shall pass.