Wednesday, February 1, 2012

The Cottage on Mt. Veeder in RAVEN Territory

We finally got to go up to Mt. Veeder to look at the cottage that is near our former home and raven pair.  What a disappointment.  I was so disappointed.  This cottage is in very bad condition.  I can honestly say it had no redeeming features except for the location on Mt. Veeder and the very nice view of the hills.  This cottage sold for more than $550,000 in 2007.  The person who made this loan should be ashamed- it is scandalous actually. The persons involved in this sale, the realtors, the banks, the mortgage companies all made money on this deal but there is no value there.  Deals like this times many thousands of similar deals and I can certainly see why there is a real estate collapse right now.
The cottage is now a short sale.  The asking price is $299,000.  The person who owns it is way under water.  It is not worth $299,000, maybe $100,000.  Everything would have to be redone, the foundation is iffy, the floor slopes this way and that, there is junk everywhere,- needs a dumpster right now.  Anyhow I was BUMMED out by what I saw. I honestly was very upset by what I saw.  So that is the end of that dream.  It would take so much energy and money to try and get that place in some kind of order that it would not be worth it.  Good luck to someone with lots of time, money and energy.
This week we were up in Mendocino to take in the Pacific Ocean.  The weather was nice but the best part was all the RAVENS!  There were ravens everywhere, flying here and there and doing acrobatics in the air.  I had a great time watching them.  They were floating over the ocean on the thermals.  It was great to see.  I had a conversation with a few ravens who were sitting on water tower perches.  They clicked and clacked back at me.  Always fun and a joy.  The economy has hit Mendocino ( or Spendocino as it was known in the good old high rolling money days).  Alot of the cute stores were closed up for good.  Too bad.  The cute needlework shop was gone.  Ah well- RAVENS are better than stores any day!

No comments:

Post a Comment