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11
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Dion J.
  • Investor
0
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11
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Foreclosed home and previous owner

Dion J.
  • Investor
Posted

Would like some assistance on a Foreclosure I just purchased. The issue I'm having is the previous owner will not leave.

On 12/16 we went to court to evict the previous owner.
One problem the previous owner claimed bankruptcy and the judge gave him a 45 day stay. So I’m thinking about the next two months of 1,600 dollar mortgage payments and I came up with cutting off power to the home is this legal?

Thanks,

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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
14,132
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22,059
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

No, its not legal. You have a tenant, plain and simple. Follow the process, make sure its progressing as fast as possible and make the payments. This is just one of the risks you take when you buy at the auction.

Have you tried just offing cash for keys?

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