So, my little community of 13 homes now has its first casualty of the economy. The open house we stumbled upon way back when we were looking for a house has now gone into foreclosure. The guy that used to own it is a realtor, and his income went from a gazillion dollars to nothing faster than you can say "bad hair plugs." (sadly, he still has those).
I really feel bad for the guy, but marvel at how he's handled it. When we bought our house, he paid us a visit and basically interrogated me as to why I didn't buy HIS house. He hasn't paid his home owners fees since last March, and my first board meeting centered around how to handle this. He has sent an email out to the community apologizing for his debt, and is trying hard to remedy the situation. Yesterday, the bank took possession and slapped a 3 day eviction notice to his door. Today, he spent most of the day lounging by the pool. Nothing has been moved.
His house is huge- well over 3600 square feet, and fully furnished. It would take a slew of folks to get that thing packed and moved in 2 days. I feel like the nosy neighbor in Bewitched- but I'll keep y'all posted.