When will the “foreclosure tour” roll into Bend? Bloomberg reports:
The foreclosure tour, mobile proof of the U.S. housing bust, has rolled into the New York City market. For $75, prospective buyers on the Long Island version last month got velour banquettes, a supply of potato chips and Reese’s Peanut Butter Cups and visits to eight foreclosed homes, with a general contractor and home inspector in tow.
[youtube http://www.youtube.com/watch?v=Lz_r8qtmQZ8&hl=en](Click through for video)
Smells like a business opportunity to me. Regardless, it puts a whole new spin on the Wells Fargo Wagon:
Foreclosure Bus Tour, Sign of Housing Bust, Hits New York Area
Peter S. Green
June 2, 2008