Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

439
Posts
150
Votes
Dave Carpenter
  • Investor
  • Cedarburg, WI
150
Votes |
439
Posts

House on the market has broken lot

Dave Carpenter
  • Investor
  • Cedarburg, WI
Posted

Hey all, just had something interesting happen for the second time in as many years. I stopped to look at a duplex that was listed on MLS, and when I got there, my agent discovered the lock to the house was broken. We were not able to get in to see the house, and of course because it is bank owned, the listing agent wont be able to get a locksmith in until Monday.

The part that seems fishy, is that both properties had offers on them within days of going on the market, and both were listed for well below market value, likely to get lots of offers quickly. In talking with the agent for this property, he said there were already offers, and they are asking for highest and best.

Has anyone ever experienced broken locks where you cant get into a property that is on the market? I am wondering if one of those "evil" investors found a property he liked so much that he didn't want others seeing it so broke the lock.

Am i being paranoid, or is this a dirty strategy?

  • Dave Carpenter
  • Loading replies...