Foreclosure of the Week: 136 Underhill Avenue

"would fetch over $1,500,000 on the open market"

Nope Asshole, 1.1 million tops!

"Kinda makes you wonder why the owner doesn't just sell it quickly at a small discount, pay off the lien and keep the difference."

I bet the owner has tired that! Maybe we are at the top of this Mutant Real Estate Bubble. Maybe you can't sell your way out of trouble. Maybe this the shape of things to come. May this will happen to you Brownstoner. Maybe you will find out Clinton Hill can't support one million dollar houses. Maybe you will get the fuck out.

The What

Maybe someday this war is gonna rnd.....

Posted by: guest at May 6, 2008 11:46 AM

yeah that would go over 1.1 mil

Posted by: guest at May 6, 2008 11:53 AM

See, Dave, The What sees the area around him changing and he can't handle it. So he tries to create this world in which Brooklyn goes back to the hell hole he once knew it to be. This makes him feel more at home as the eductated leave and trash like him reclaim the old hood.

Unfortunately, the tide has turned and the old ways will never return. That leaves The What feeling like a fish out of water. Too late to get an education. Too late to get a better job. He is trapped and it is driving him crazy. Obviously.

You should feel sorry for the What. He has sexual orientation issues, a lack of a formal education and no job prospects that will save him from his own financial ruin.

The war is over. The What lost.

Posted by: guest at May 6, 2008 11:56 AM

"How do you know What? Did you trek your lazy ass all the way over from NJ to see the place??"

I'm over there everyday.

"See, Dave, The What sees the area around him changing and he can't handle it. So he tries to create this world in which Brooklyn goes back to the hell hole he once knew it to be"

Well.... I see the Asshats riding in cop cars looking for the person(s) who just stomped the shit out of them.

I see drugs going down all over. I see a dysfunctional Fulton St. Things have NOT change all that much!

"Unfortunately, the tide has turned and the old ways will never return."

Sure has!!! I see the Mutant Asset Bubble popping and the value of your "Investments" going to shit!

"You should feel sorry for the What. He has sexual orientation issues, a lack of a formal education and no job prospects that will save him from his own financial ruin."

Yep but when the hood return back, I will still live here. While you asshats are calling U-Hall!!

"The war is over. The What lost"

The war is not over. BTW This is the spring selling season, Right? I don't see that many sales going on. Just go into a Real Estate office and ask then how is thing going? Sales volume has fallen off a cliff and the Developers are stuck with inventory. Yep homeboy, this is going to be fun.

One last thing, why is this guy going into foreclosure? A prime block and he can't save himself. Sign of things to come.

The What

Someday this war is gonna end..

Posted by: guest at May 6, 2008 12:14 PM

I can't find any info on ACRIS about this location. Just a bug in acris or what?
Why don't sell when prop is worth considerable more than mortgage?
Estate problems, divorce problems, etc, etc. etc.

Posted by: guest at May 6, 2008 12:14 PM

it's going to take a helluva lot more gentrification for prospect heights not to be half ghetto. a million + is a ton of money. nice not to have to live around trash for 7 figures. next.

Posted by: guest at May 6, 2008 12:20 PM

":I can't find any info on ACRIS about this location. Just a bug in acris or what?
Why don't sell when prop is worth considerable more than mortgage?
Estate problems, divorce problems, etc, etc. etc."

The owner has owned this property since 1953. If you want to find our how to see the deed, ask davetheassholeinbedstuy! This is a case of FRAUD refi where someone blew the equity out of the house. The house was paid off then in 2005 some assfuck refied it. Fraud is going to kill the Mutant Real Estate Bubble.

The What

Someday this war is gonna end...

Posted by: guest at May 6, 2008 12:24 PM

I've got to question that 12:16. There's a noisy playground across the street. A guy on Brooklynian PH blog recounted his experience being threatened by a guy with a gun a block down Underhill about 2 weeks ago. It was only 9pm, he is a big guy, he's been in the nabe for years - not a likely to have been making himself a target for those who you like to blame the victim.

There are definitely houses in PH that have sold for 1.5-2M and even a little more. But there are many that have and are still selling for 1M or less. This place may very well not be worth more than is owed on it.

Posted by: guest at May 6, 2008 12:25 PM

Oh tWhat, you are so misguided. I must have been right. Otherwise your panties would never have gotten into such a twist.

The area you live in is improving all the time. More buinesses are opening up and the population is becoming more diverse.

The cops are there to clean up the nasty mess which is you. That you see them as a threat speaks volumes about your own behavior. If you see drugs going down and you don't like it, stop dealing in them. Simple enough.

I am not leaving, sweet cheeks. I am here. I own and I have my eye on you. One false step and I will get the cops on your ass and have you sent back to prison, where you obviously belong. I am not afraid of you and your gang of ghetto ass punk bitches. And that is what really scares you. I have no fear of you. I am not intimidated. And I am gonna beat you down and win this fight.

Your time has past. Now get out of the way and stop bringing your neighborhood down.

Posted by: guest at May 6, 2008 12:28 PM

I can't believe people are insulting the what by inferring that he's gay. Do men EVER grow out of hurling that insult at each other? so stupid.

Posted by: guest at May 6, 2008 12:46 PM

Hey Fjorder-- here's your example: 609 Carlton Avenue btwn St.Marks and Prospect Place--just closed for 2 million. I know because a good friend of mine just bought it.

Posted by: guest at May 6, 2008 12:48 PM

I can't believe these guys are ARGUING with the What and even threatening to "gonna beat you down and win this fight." HA! This is the Internet! He's making fools out of you morons.

Posted by: guest at May 6, 2008 12:54 PM

i suspect fjorder got his "" mixed up. No brownstones have sold in true PH for under $1M anytime recently. 164 Underhill (one block south) was recently on the market, in need of total reno, 3 floors instead of 4 at 136 Underhill, de-stooped, etc. for $1.4M.

Posted by: guest at May 6, 2008 1:27 PM

I must admit that Biff and Daveinbedstuy have fallen upon a fun internet habit, namely that of needling posters who always respond in a predictable manner. I've done the same to The What by correcting his grammar, and he falls into the trap every single time. The same goes for Montrose Morris, who goes berserk whenever anyone mentions crime in Crown Heights. Very entertaining!

Posted by: guest at May 6, 2008 1:31 PM

Its funny whenever a few buyers see a few black and Spanish people in the neighborhood they call it diverse.

Posted by: guest at May 6, 2008 1:35 PM

What some of you don't know is how to deal with ghetto trash. You need to slap them around and show them whose boss. The tWhat ain't nothin but a ghetto ass punk bitch.

Posted by: guest at May 6, 2008 1:37 PM

In the tWhat's hood, diverse means non-black and non-Spanish.

Posted by: guest at May 6, 2008 1:41 PM

"609 Carlton Avenue btwn St.Marks and Prospect Place--just closed for 2 million. I know because a good friend of mine just bought it."

Your friends got ripped off. That place was horrible. Gutted with no detail left and on one of the cross blocks so it didnt even have the extra deep lots that are the only reason to buy in PH.

Posted by: guest at May 6, 2008 1:58 PM

Fjorder, do you know how to use property shark and ACRIS? Tulia makes it pretty easy. Try it.

If you paid more because you got caught up in the boom in the last 2 years, relax. As long as you can afford it and you like your home, it's not a problem. But if you think everyone buying at that time or now paid so much you are mistaken. Just because your broker pointed out the high watermark comps doesn't mean there weren't and aren't more reasonably priced places.

Posted by: guest at May 6, 2008 2:23 PM

I have it on good authority that The What is actually a woman.

Posted by: guest at May 6, 2008 2:37 PM

Must have seen a few conquistadors strolling around.

Posted by: guest at May 6, 2008 3:21 PM

at least the what has a down to earth and somewhat (excuse the pun) realistic view of what is happening to our debt fueled society and i value his viewpoint far higher than the bunch of fags that seem to have hijacked these threads as of late.

Posted by: guest at May 6, 2008 3:44 PM

3:44- if you consider the what 'realistic' you are one funny homophobic heterosexual. why don't you use him as your financial advisor?

Posted by: guest at May 6, 2008 4:05 PM

"I must admit that Biff and Daveinbedstuy have fallen upon a fun internet habit, namely that of needling posters who always respond in a predictable manner"
hey biff the arse champion - seems like you have fallen into the same trap you get so much pleasure out of? whats wrong? are your feelings a little hurt?

Posted by: guest at May 6, 2008 4:08 PM

i was thinking of asking the what to be my financial adviser but then i reconsidered and thought - those wall street professionals at the big investment banks are much better than him at the job. or perhaps not - rip the bear.

Posted by: guest at May 6, 2008 4:28 PM

nice grammar biffter.

Posted by: guest at May 6, 2008 4:43 PM

i agreee with the what and your opinion of him. see i grew up in new york, i didnt chase the almight dollar, i do not have any family or support system or role models and actually did not join any gangs or do drugs or act a fool, i did not get a college education and do not have a high paying career job, so my only options are to hope and dream that you disgusting hipsters, yuppies and gentrifiers leave nyc. bye bye,
it will one day become a crime ridden mess and brooklyn will not be able to support 1.5 million dollar brownstones or 800 condos in marginal neighborhoods, i hope more white people get stabbed, mugged, shot or killed, i remmeber when brownstone sin LIC only went for about 120K in the mid 90's, its all about easy credit and those flippers and those snobs who throw money around which created this crazy real estate market, i used to be able to be creative and hustle for my $600 a month rent, now i have to scrimp and save and work really hard to pay that $1500 rent, i hate all you idiots who are living in nyc at the expense of normal regular working class people, see if riots, race wars, food wars, class wars start, people will no longer want to live in the marginalized neighborhoods, butu really whats worse these days, where are the 'bad' nieghborhoods??? why are there 2000k a month 'luxury' studios in bushwick. where do the 85 year old grandmothers go when they lived in an apt for 30 years, dont you care? do you care that im practically forced to decide that i must move out of nyc which takes money and take my chances, or maybe sleep in my car and join a gym for showers,
this is what nyc has become, rich and poor, but where do the poor people go? is there a shantytown under a bridge i can join? im tired of this.

Posted by: guest at May 6, 2008 5:49 PM

"Biff Champiom" - does anyone else who reads that think that Biff is a ridiculous name? When I see Biff what comes to mind is Biff Tannen the know it all antagonist to Marty McFly who regularly ends up under a truck load of manure. Maybe that's appropriate since the Biff here shovels it.

Posted by: guest at May 6, 2008 5:54 PM

"Biff Champion" - does anyone else who reads that think that Biff is a ridiculous name? When I see Biff what comes to mind is Biff Tannen the know it all antagonist to Marty McFly who regularly ends up under a truck load of manure. Maybe that's appropriate since the Biff here shovels it.

Posted by: guest at May 6, 2008 5:56 PM

5:49: When are you leaving NYC? You sorry sack of crap. You don't deserve to live in this city. And if you didn't prepare yourself for the obvious changes that have been taking place in this city since the 70's - e.g. the loss of manufacturing jobs, the need for an education to get ahead and earn a decent wage, then you are an idiot. The poor are too busy trying to impress with their fashion, ipods and leased cars that they don't bother rising up. They would rather steal from the local bodega for food the the Rent-a-Center for a new flat screen than get off their asses and improve their lives.

Take a lesson from the immigrants who have come here with nothing, worked their asses off and got ahead. If they can you, do should have been able to do it too. But you are dumb and lazy and now you are paying the price.

Get out and shut the door behind you as you leave.

Posted by: guest at May 6, 2008 8:00 PM

5:49 Don't you know the suburbs are the new ghettos? Take a bus to NJ and get comfy. We can find someone more educated than you to serve us our coffee or ring us up at the store anyway. Buh bye.

Posted by: guest at May 6, 2008 8:23 PM

Biff and Dave, please get a job. Biff claims he has one, but it can't be terribly demanding or he wouldn't post so frequently.

It's really tiresome to have wade through all of the taunting back and forth to get to real discussion. If you want to comment on the topic at hand, do so, but please lay off the sophomoric name-calling. I'm sure there are other fora where you can indulge this, but this really isn't the place.

Posted by: guest at May 6, 2008 9:09 PM

5:49:

"where do the 85 year old grandmothers go when they lived in an apt for 30 years, dont you care?"

Some of us do care, but I won't even ascribe my false name to such a claim. This is a puerile forum, not real discussion. Don't think we're all asses- but don't take the in-jokes for lack of concern.

Posted by: guest at May 7, 2008 12:44 AM