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Posted over 9 years ago

Someone is Living in my house!

So.. You have done your homework and decided to move forward on that first property.. You are ready for those courthouse steps and for an auction that will go entirely your way!! ( Good Luck)

Since this house is being auctioned like this you have been unable to go inside the house....( Little more Risky) and did I mention that someone is currently living there ( Lot more RIsky)....  Is this really the kind of headache you are wanting to take on?   After all it is the first deal....Why not... IF you have done your homework and ran your ESTIMATED numbers correctly you should be ok.

I did end up buying this property and had to wait the 10 days ( from what I was told) for the occupants to leave the property.  I was lucky.. they actually left on their own..   What would you do if they would not have Left?  Should you always factor in eviction money of a forclosed flip?  Do you really have to leave any items they may have left in the house for 30 days before you can just trash them? Should you be worried about the old occupant returning and damaging the place?? You have aleady changed the locks becuase you had to break in.. No Key with this forclosure..

Have you ever had any of these issues? What would you do?

AE


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