Sunday, November 14, 2010

Panama City Beach Luxury Home Foreclosure of the Day

   Youtube has become the spamming ground of choice for businesses seeking to gain exposure for the products that they sell. I look at the daily foreclosure offerings from time to time and this one caught my eye. As an added bonus, a midi version of Lady Gaga's "Poker Face" kicks the video off. From the video's sparse description:

"2,700 square foot home in The Preserve coming on the market in Panama City Beach, Florida."

   The guy in the video mentions that the house was built in 2005. That was the height of the boom when cheap construction materials were used to build homes as soon as possible to fill demand. Were substandard materials used to build this house? Who knows. I know I wouldn't buy a house that was built in the past 10 years. The house looks okay from the outside but the dining room that they show isn't a selling point with its green walls and droopy hanging light from Home Depot.

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