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Hudson and Marshall - Occupied Property
Hi all, i've never bidded on a cash only/occupied property and i'm looking for a little advice. I did a drive by the house and it appears there are still people living there and the auction is set to start in two weeks. If I won the bid, what is the process to get them out? Is it a normal eviction process? I read on other forums $500 cash for keys? i've never bought a property site unseen. What do you plan for? Assume the worst? Mold? Foundation problems? ARV is probably 170K.
My dad knows a relative of the people who are in the home so i'm tempted to pick up the phone and feel them out (see if they plan on staying, condition of the house, etc).
Thanks!