Woman 'buys,' renovates wrong home

[telleutelleme]

http://money.msn.com/personal-financ...1-1ef8a312d60a

So I'm thinking who here has modded a guitar and then figured out they didn't own it?

[RevMike]

Thats completely nuts! Still....not quite as bad as some stories you hear when a doctor removes the wrong kidney or amputates the wrong leg or something.

[rcole_sooner]

Man, that makes my stomach hurt.

[fuzzbender]

it's why i don't mod myself, it's only gotta go back

[Bones]

I'm not going to sign up for an account just to read the story.

[fuzzbender]

that's the wrong storey Bones

[Bones]

Originally Posted by fuzzbender

that's the wrong storey Bones

No, I clicked on the link in the OP and it took me to the MSN homepage to sign in or up, just like any other thing hosted on MSN.

[Slow Reflexes]

I dunno why it did that to you, but it's working fine for me. I have never had an MSN account and nobody has ever signed into MSN on my computer.

[Bones]

Originally Posted by Slow Reflexes

I dunno why it did that to you, but it's working fine for me. I have never had an MSN account and nobody has ever signed into MSN on my computer.

I don't have a windows live ID associated with this computer and refuse to sign up for one.

[Slow Reflexes]

Originally Posted by Bones

I don't have a windows live ID associated with this computer and refuse to sign up for one.

Same here. I don't even know what Windows Live is.

[Bones]

This is what I see when I click on that link...

Anyway, I did find the story on another site and it seems to be her own fault for not having a survey done before doing the work.

[62 Jazzmaster]

Woman 'buys,' renovates wrong home
In a colossal mix-up, an agent lists, shows and sells a foreclosure property. The new owner upgrades it before learning she really bought the place next door.
By MSN Money partner 22 hours ago

This post comes from Marilyn Lewis of MSN Money.

A Memphis TV station is telling the story of a hideous real-estate mix-up. Terry Jordan of Tate County, Miss., thought she was doing everything right to help her family out of a financial pinch when she bought a foreclosure property and poured money into it. She and her unemployed husband planned to sell it for a profit.

She has since learned, however, that the home she bought -- or thought she'd bought -- and renovated doesn't really belong to her. The real-estate agent actually sold her a different home, one on the lot next door, which Jordan had not visited.

WREG 3 TV in Memphis reports that the realty company says it got bad information about the home from the mortgage company. But no one appears willing to help Jordan.

Jordan told the TV station that a real-estate agent escorted her through a small home in Senatovia, Miss., with a for-sale sign. The agent opened the home's door with keys retrieved from a lock box on the property. The house appears to have two bedrooms and a bonus room, a good-sized lot and a barn. Jordan returned to view it twice more and then purchased it, the station says.

ABC News says the home was listed for $11,500 and that Jordan bought it for $10,500.

WREG TV reporter Wayne Carter describes the sale property's listing sheet:
It shows a picture of the house. Describes it accurately. You go there, you go inside. You wind up buying it just as it's listed here, but all the details, even the address, were wrong. Turns out you own a house you've never seen.

I said, 'What?'

The ownership problem surfaced only after Jordan spent "thousands of dollars," adding a new roof, rewiring the home and fixing the plumbing, the station says. She'd ordered a survey after noticing that the home's paperwork at city hall didn't "look right." The home, it turns out, was never for sale. It just happened to be empty and was next door to the property that should have been listed.

Jordan spoke with the agent who sold her the home. "She's like, 'I don't know how to tell you this but we might have sold you the wrong house,'" Jordan told the station. "I said, 'What?'"

There are a lot of unanswered questions here. Meanwhile, Jordan appears to have kept her sense of humor remarkably well. She laughs incredulously as she tells the station that "the whole purpose of us doing this was to have another income."

What about the house she actually bought? She told Carter:
It's half this size. It's pitiful the lot that it sits on. The house is full of mold.

She only wants to get back the money she spent on the house, Jordan told ABC News.

But "no lawyer has been willing to deal with all the red tape for such a small payoff," WREG says.

Still a mess

The Huffington Post, commenting on the story, points out that after years of mortgage crisis, "banks are still showing signs of disorganization on all things foreclosure."

lifted from the articles, for those who don't want to click the link

[Slow Reflexes]

Originally Posted by Bones

This is what I see when I click on that link...

Not doubting you, just dunno why it's doing that. Maybe a browser or cookie issue?

Originally Posted by Bones

Anyway, I did find the story on another site and it seems to be her own fault for not having a survey done before doing the work.

I suppose you could say that.

But, I dunno if anyone actually has a survey done before they buy a house... Certainly wouldn't occur to me that I'd need to have a survey done if I needed electrical and plumbing work inside the house.

Given that the realtor advertised with pictures of the house, had keys to the house, and showed her the house three times... I'd probably have assumed that was the right house myself.

Glad it wasn't my $10K.

[Guitarzan]

Senatovia.?

Is there a town by that name in N. Miss that is not Senatobia?

[Slow Reflexes]

Oh, crap - now the house is in a different TOWN?

[Guitarzan]

Yes, they got the town wrong too.

http://www.cityofsenatobia.com/

[telleutelleme]

http://foreclosuresinpuyallup.com/wo...eclosure-home/

Sorry Bones. This may work better. Probably happens if you come from another browser or IE9 which I don't use. I forgot to mention I'm married to her; which is why you're having problems.

[notdave]

ABC News says the home was listed for $11,500 and that Jordan bought it for $10,500.

Are there a couple of noughts missing there? If those numbers are correct, put me in touch with the estate agent. I'll take 10 properties at that price.

[Blazer]

I don't know how many of you are familiar with the Cartoon series Daria but it has a wonderful quote of the the Heroine's best friend that sums situations like this up.


"Reality is bizarre enough for me."

[Gnobuddy]

Originally Posted by Bones

I'm not going to sign up for an account just to read the story.

Check out "Bug Me Not", a website specifically for people who feel the same way you do. At the Bug Me Not page you can find throwaway accounts created by other people and publicized for you to use: http://www.bugmenot.com/

-Gnobuddy