This property is located at 19092 E Chenango Cir, Aurora, CO 80015. Click the image to see a bigger size. That snow is 2 feet deep, and it’s been there for over a week. My conclusion: this property is vacant. Based on my observations and other input – I think this property has been vacant 12 months, and maybe vacant since Vicki Dillard Crowe bought the property 02/28/05. As noted in my last post (12/25/06), this property shows up as delinquent on the property taxes.
Any pedestrian will be walking in the street – at exactly the time when it’s most dangerous. Aurora city code requires homeowners to keep the sidewalk shoveled. As you can see, this house is not in compliance. There are a lot of vacant houses in Aurora — too many. Vicki Dillard Crowe owns 16 houses (that we know of), and my best guess is nobody is shoveling the sidewalk.
If I am reading it right – the outstanding loan on this property is about $459,000. The sales history makes it clear this property is not worth $350,000 – any idiot can see that. Of course if we just wait a little while, market appreciation will solve this problem, right? Maybe not. The property across the street at 19083 Chenango is a foreclosure on the market for $287,500. This house is much smaller (2,200 sq ft), but it gives an indication of what to expect if (when?) 19092 Chenango goes thru the same process.
Good luck on this one Pemm Tek. Subprime indeed.
tags / Very Subprime
mortgage fraud real+estate vicki+dillard+crowe pemm+tek
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