Category: REO Rockstar Videos
WOW do I LOVE coming across little gems like this one. I always say "don't curb qualify properties". Just because you see a bad zip code listed on the new assignment DO NOT assume that you got a bad house. The house in this video turned out to be the PERFECT little REO property. When I see these, I get so anxious to get them ready for sale because I know they're money in the bank. This one even had fresh paint and it looked like the lawn was cut that day, which led me to believe that it had to be occupied. Well, I'll show you a few of the ways I discover that it's probably ok to go inside AND exactly the steps I'll take to get this baby right up on the market! mmmmmmm.....4-sides brick,fresh paint,fenced yard,new kitchen....just makes my mouth water!
One thing I've learned in selling REOs is that occupants can really act strange. They REALLY make it hard for you to know if they are still living in the house or if they are just using it as a storage bin! There are a few little tricks you learn as a broker than can tip you off as to what's REALLY going on with a property. You can do things like check the electric meter for service, put tape across an entry door and never forget: TALK TO THE NEIGHBORS! With a little know-how you can learn to uncover what's really going on. Watch this video and see what I mean. This one is a battle between a disgruntled neighbor who's sick of the eyesore next door (who actually Re-KEYED the property) and the these sneaky occupants who actually BREAK IN to their own house over and over again! Yeeessshhhhh......always something new in the REO biz!
