1 (edited by Phoenix Mailer 28-Jul-2008 23:41:38)

Topic: Funny Mae

Fannie Mae, the largest U.S. mortgage finance company, couldn't find a buyer who would pay $6,900 for the three-bedroom house at 1916 Prospect St. in Flint, Michigan.


Can anybody enlighten me what's so bad about the location above that noone wants to buy the house ?


http://www.bloomberg.com/apps/news?pid=20601109&sid=aMz0dl3IdwjU

Re: Funny Mae

That would be because no local government that I know of will reduce a properties values when counting taxes. Ergo this property probably has a tax value that makes people vomit when they see it.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Funny Mae

That and its in Michigan :yikes:

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Funny Mae

Is the house still up for sale?

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

5 (edited by tavius 29-Jul-2008 07:34:39)

Re: Funny Mae

Hmm maybe I should be making a trip to the U.S to relieve them of their property burden. Only fair since they've pretty much stuffed up my local stock exchange with their financial ineptitude.

Re: Funny Mae

"The home on Prospect Street in Flint needs a new roof and carpeting and the plumbing has been ripped out, said Megie, a broker with Realty Executive Main Street LLC in Lapeer, Michigan, who sells Fannie Mae-owned homes. The house was originally listed for sale in April, he said. "

Re: Funny Mae

I think Flint got it, if it's assessed at $110,000 the taxes would be based on that for 1-2 years.
Also, if you google the address, its a corner lot and cities like to assess fees per square foot of street access so it would have double the fees of a midblock lot.
Flint, which is a city of some 55,624 dwellings and about 125,000 people, had 30 murders, 226 arsons, 3283 burglaries and 1041 cars stolen in 2007.
http://www.cityofflint.com/Police/stat.asp

But if you brought a mob of Chavs with you tavius I'm sure you'd be the next Frank Wright!

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Funny Mae

Gee a city named after my other nick tongue

And a comment about me having it right as Flint to tongue

And no plumbing, needing carpets, needing a roof... a corner property, and improperly assessed value? Yeah I would not touch that unless the value dropped in the city books, then I would snap it up, smash the existing house and build an apartment building big_smile

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Funny Mae

Maybe Michael Moore will buy it.

The inmates are running the asylum

Re: Funny Mae

taxes sux  sad

Re: Funny Mae

Flint, Michigan is Michael Moore's home town, for those of you who did not see "Roger and Me." It's also a toilet and the people that are stuck there probably can't afford to buy this dump of a house. Want to know why th plumbing has been ripped out? Because people in the area are so poor, they stole the copper piping to sell for scrap. Great town...

12 (edited by avogadro 29-Jul-2008 21:19:58)

Re: Funny Mae

for those of you not in the know, Michigan's economy has been destroyed by the liberal economics of our Current governor, Grandholm, and people are fleeing the state to find jobs elsewhere. hard to feel sorry for the people when they re-elected her after she destroyed it. other fun things going on in the state is the liberal Major of Detroit is finally looking to be going to prison for obstructing justice and lieing under oath after there has been many scandals that there hasnt been enough evidence to convict him for; the FBI is investigating multiple cases in Detroit where money is missing, and the Detroit City council is trying to throw the Mayor out of office. the only jobs in Michigan are at restaurants and at hospitals to take care of the baby boomer's. universities state wide are extremely stretched financially and degrading in quality because of a significant cut in state government funding. attempts to pass bills to increase public school funding has been shot down on both state and local lvls while environmental ones, costing the state much more pass.

Re: Funny Mae

Michigan.....

A one PROUD union city.

Great job the social Experiment.  UNION...UNION....union....un....hmmmmmm

Come .......joust w/the master.
I'm always Right.   You are just intellectually Left.....behind.
Individual patriot, and a REAGAN Conservative.

Re: Funny Mae

And when Michigan is dead and gone the experiment will be seen as a ruinous ideal and perhaps they will become Republicans having realized their own lies.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Funny Mae

Michigan may vote Republican this year.

Come .......joust w/the master.
I'm always Right.   You are just intellectually Left.....behind.
Individual patriot, and a REAGAN Conservative.

Re: Funny Mae

Well it is certainly a state on life support with a team of physicians trying desperately hard to keep it alive!

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Funny Mae

michigan wont vote republican this year.

Re: Funny Mae

From the land of sky blue water
(Waaaater)...

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Funny Mae

Hey! Thats my State your singing about! X(

*passes a bill saying any posts of TheYell's read in Oregon have to be fined on TheYell for his mocking an Oregon beer* X(

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

20 (edited by TheYell 31-Jul-2008 16:28:33)

Re: Funny Mae

Haams is from oregon??

/vomits

gah that explains the salmony aftertaste...

No kidding, I thought that song was about the Great Lakes

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Funny Mae

i've never heard of the song, so its probably not about the great lakes.