1332 Florence St


September 15th, 2006

This is an open letter to:

HUD
451 7th St S.W.
Washington DC 20410
Attn: Alphonso Jackson

re:  1332 Florence Street, Aurora, CO  80010

Attachments:  county records, MLS pg1, listing history, deeds

House Pic

Robin Brilz is the owner of 1332 Florence St.  New Century Mortgage made a $129,000 FHA mortgage refinance loan on 05/26/05.  About a year later, on 05/20/06, this property went on the market.  3.5 months later, the MLS asking price remains unchanged at $159,950.

Sadly, property values on this block have been dragged down by the mortgage fraud schemes of HUD and the 3 Amigos ( Searle/Jesus/Searle).  Property values are being dragged down by 3 vacant houses in foreclosure:

  1. 1301 Florence is vacant
  2. 1316 Florence is vacant
  3. 1373 Florence is vacant

The vacant properties look ugly.  The market data for this block looks ugly.

House Pic

The real estate yard sign at 1332 Florence St features a nice picture of a modern house.  The picture is out of place on the 1300 block of Florence St.  This is the ghetto - there are no fine properties anywhere to be seen.  All the people interested in buying a fine house are somewhere else.

The MLS listing is dated May 20th, 2006.  The sign has been there more than 3 months.  The sign suggests you can call 1-800-294-9889 x3011 for 24 hour recorded info.  The recorded telephone message says

This is a new listing.  I'll be adding more information shortly.  In the mean time, if you would like to get hold of me directly, press zero, and I can give you more information

The recorded message is bogus and the sign is misleading.  How hard can this be?  If they can't get the sign right, what does that say about the salesman?  You want fries with that?

It's a buyers market.  Robin Brilz needs a really good real estate agent.  Instead s/he got Brian Veatch.  Robin Brilz will be lucky to get enough to pay off the $129,000 FHA mortgage.

Bend over Robin Brilz and grab your ankles.

Sincerely,


Philip G Rice
11268 E Linvale Dr.
Aurora, CO  80014
720-282-3376

Part 1  -- 1373 Florence / photo essay.
Part 2  -- 1301 Florence / photo essay.
Part 3 -- 1316 Florence
Part 4 -- 1332 Florence

Attachments:  county records, MLS pg1, listing history, deeds

-- End of Letter --


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mkg appraisal philip+g+rice aurora colorado 80014 mortgage fraud real+estate less+than+perfect new+century FHA HUD yard+sign veatch

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