February 6, 2012

Furniture from foreclosures for sale

Furniture from foreclosures for sale
One man’s junk is another man’s treasure. William “Lucky” Douglas is proof, selling abandoned furniture and other household items left in the wake of Michigan foreclosures for rock-bottom prices at his “part-flea market, part-thrift shop, part-garage sale” shop called “Lucky & Nisan’s Unique Boutique.” Foreclosure cleanout crews are often tasked with “taking out the garbage,” rekeying doors [...]

One man’s junk is another man’s treasure.

William “Lucky” Douglas is proof, selling abandoned furniture and other household items left in the wake of Michigan foreclosures for rock-bottom prices at his “part-flea market, part-thrift shop, part-garage sale” shop called “Lucky & Nisan’s Unique Boutique.”

Foreclosure cleanout crews are often tasked with “taking out the garbage,” rekeying doors and securing properties that go through the foreclosure process. Banks rely on these companies to clean the slate, so to speak, after the homeowners leave and/or are evicted.

Often, the contents of the homes are hauled straight to the local dump. Douglas realized that a lot of good stuff was going to waste, so he decided to do something about it, according to Monroe News.

Here’s a snip:

“I have a friend who has a business where he goes in and cleans out the foreclosures. He had me come in and get the scrap metal and appliances. Then I started noticing all the good stuff people were leaving behind in these homes. I started storing it – I guess I’m a pack rat – and then we opened up a store and started selling it… Whatever’s left behind that the people either didn’t want or couldn’t take. I felt bad at first, but then I figured it could fill a need for other people.”

Douglas is quick to point out the the items homeowners leave behind are fair game for someone in his position — he’s just taking the time to sell the stuff that others either didn’t want or couldn’t take with them.

And, like the homes from which the items come, he offers the merchandise at “firesale prices.” Air conditioners, power tools, bicycles, clothes glassware, knickknacks, books and other “decorative” items are all featured in his shop, with price tags as low as $1.

The “junk” that doesn’t sell is donated to second-hand and/or charitable stores in the area. It’s recycling at its finest.



Superman Action Comics 1 rescues Boston family from foreclosure

Superman Action Comics 1 rescues Boston family from foreclosure
Fictional superhero Superman came to the real-life rescue of one Boston, Mass., family who found themselves up against the dark forces of foreclosure. To the tune of about $250,000. MyFOXBoston.com reports that the family, which has chosen to remain anonymous, discovered the rare 1938 comic in a box stowed away in their basement since the 1950s. In fact, [...]

Fictional superhero Superman came to the real-life rescue of one Boston, Mass., family who found themselves up against the dark forces of foreclosure.

To the tune of about $250,000.

MyFOXBoston.com reports that the family, which has chosen to remain anonymous, discovered the rare 1938 comic in a box stowed away in their basement since the 1950s.

In fact, the distressed homeowners came across it while packing, assuming their days were numbered with a looming repossession of their home.

Not anymore.

The comic earned a VG+ (Very Good) rating and is expected to sell faster than a speeding bullet on ComicConnect.com for a cool quarter-million in the very near future.

It’s a big save just in the nick of time … and that’s no trade secret.