by John Darer® CLU ChFC MSSC RSP CLTC
A structured settlement factoring writer implies that selling structured settlements to buy an in ground po
ol is a valid reason to cover your over drafted check book.
In a February 7, 2013 post citing "Clark Griswold" ( lampooning being on "Vacation" left) , "Larry" asserts that "however misguided, Clark Griswold does have a point when it comes to wanting an in-ground pool. In-ground pools no (sic) only make summers memorable; they can also add great value to your home".
So what do real estate experts say?
Source: Baloncici|Dreamstime
The general consensus is that an in-ground pool can be "ingrown toenail"!
Following is a selection of comments from realtors on Zillow.com on the subject of whether swimming pools add value to a home.
"If the appraiser is not able to support an adjustment for the pool, they will not give the pool any value"
" In Silicon Valley/Milpitas area … there really is no additional value for having a pool"
" Pools in that area is (sic) not popular anymore. Often the appraisers will not add or value. When it comes to sell, it may be problematic as many home owners do not want the hassle and cost to maintain it".
" in AZ, yes a pool adds value, but nothing close to what they cost. Maybe 50% if you are lucky!"
"most of the pools I have seen really don't add value – too generic and doesn't add to the aesthetics of the landscaping – just a "cement pond". Some, I'd even consider that the downside (i.e., maintenance, insurance, etc.) would de-value the house".
"In many instances, home buyers consider a pool a negative because of the additional work and expense it creates. It is also sometimes viewed as a cause for concern by home buyers especially if the home is in an area that is sought after by families with young children"
Clark Griswold DOES teach us a few things
1. Jumping naked into an in-ground pool with a 1985 model Christie Brinkley is not a good long term move. As tempting as the hot babe in the red sports car is, she's just a "passing" fancy, just like what's likely at the end of the line of BS that the factoring shill "Larry" is trying to feed you.
2. Your vision of "Wally World"may not come to fruition. A "poolhardy" quote inspired by National Lampoon's Christmas Vacation and factoring shill "Welcome to your 
annuity, what's left of it"
3. When that discounted lump sum is spent on a potential depreciating asset like a pool, and you later want to get all your money out, just remember that "Wally World" is closed (left).
As an aside, the contextual links for each of the shill's posts lead to structuredsettlement-funding dot com, which is appears to be a domain controlled by J.G. Wentworth. Not only does the website have a live BBB seal for JGW, but the website states it is powered by JGW. While the domain is privately registered, our research shows that it is hosted on a server with other entities that are historically J.G. Wentworth related such, as FS Gerard.
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