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Saturday, January 24, 2009

Beep! Beep! Beep! - The Sound of Key West Foreclosures...



So you are walking down one of the picturesque Key West streets or lanes and see a "For Sale" sign. (There are a lot of those signs all around Key West these days.) As you near the house you hear "Beep! Beep! Beep!..." emanating from inside the shuttered house. You instantly know the house is bank owned or soon to be bank owned. Instead of hearing the sound of silence, you hear the chirp of a smoke detector that transformed itself from a life saving appliance into a miniaturized public address system that continually announces to the world "foreclosure!", "foreclosure!","foreclosure!"...

That beep goes on, and on, and on. Neither the asset protection companies that the banks hire to look after and protect the foreclosed houses nor the Realtors that have the listings on the foreclosed properties have the sense or desire to spend a few cents either to disarm the smoke detectors or to replace the batteries so that the infernal noise stops. So the noise just goes on and on and on -- just like the Energizer Bunny.

2 comments:

Anonymous said...

Amen to that. The foreclosure we bought beeped for months.

Anonymous said...

Interesting thought! I would have not thought of that as a symbol of foreclosure... Sort of like all those odd jobs out there that you never knew existed until you run across one.

Thanks for your post, Gary. I am a faithful reader and am learning a lot about the real estate market in KW from you site and other sources. We are putting our house up for sale and hope to move to KW before the start of next school year. Your posts are helping introduce us to KW for residents, instead of as the tourists we have always been.

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