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CouponKT
Our family is complete
Member since 6/06 16494 total posts
Name:
K
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If you purchased a foreclosure....
...did you feel threatened by it?
My dad was going to buy a foreclosure once and the SBTX owner left a bullet for the bank president saying "this is for you" 
and I just drove by a potential house which is in foreclosure and there is threatening graffiti on it...
It worries me to put my family in a situation of a bitter previous owner.
Thoughts?? 
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Posted 1/29/10 12:55 PM  |
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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Re: If you purchased a foreclosure....
that is scary! down south in florida where we are we saw a few forclosures when we were looking but nothing like you here about in NY - the owners were long gone and nothing was ever destroyed intentionally...that is crazy!
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| Posted 1/29/10 1:06 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: If you purchased a foreclosure....
I sell them
I plan on buying one (or more)
I look at different ones every day- I have never seen anything like a bullet
None of our listings would ever been shown with graffti on the outside- and that wouldn't fly with any of the neighbors where our houses are
They are in nice areas- today I am in a new development in coram-
Sure some are messy and need work...but you can get a great house for a good price and make it your own
Sometimes it makes me sad- like pencil marks on the wall showing kids height but this is the reality of the market now...
Eta- the owners are normally long gone here too...it takes months to put the house on the market in most cases...my last one was vacant for 18 months- by then the old owner has moved on and I have heard from the neighbors they are doing well!
Message edited 1/29/2010 9:02:54 PM.
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| Posted 1/29/10 1:29 PM |
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onlylisa
LIF Adolescent
Member since 3/09 740 total posts
Name:
Lisa
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Re: If you purchased a foreclosure....
We bought one and have had no problems. The house was vacant for a while and I believe it was also in contract before us, but that fell through. It was in decent shape for a foreclosure- nothing was intentionally destroyed or damaged.
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| Posted 1/29/10 6:24 PM |
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Coosie
So in love with my little boy!
Member since 1/10 1889 total posts
Name:
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Re: If you purchased a foreclosure....
First off, OMG! That bullet thing is crazy!
I think so many more home are in foreclosure now that buying one is much more common. I saw a crazy statistic the other day on just how many homes on LI are in foreclosure (can't remember the exact number but I remember being floored by it).
I agree with the other poster that said that foreclosures take a long time so by the time it is up for sale the "owners" are long gone.
I think it's def a way to go....you can get a good house and a great price that way too. Good Luck!
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| Posted 1/29/10 7:30 PM |
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jerrysgirl
I love my hot dog!!
Member since 6/06 5357 total posts
Name:
E & J
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Re: If you purchased a foreclosure....
my neighbors purchased their house years ago from a lady with a dog. the house was a foreclosure. she was unhappy it was foreclosed and let her dog go to the bathroom all over the house. it was disgusting. this was years ago i have not heard many stories like this.
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| Posted 1/29/10 9:40 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: If you purchased a foreclosure....
Posted by jerrysgirl
my neighbors purchased their house years ago from a lady with a dog. the house was a foreclosure. she was unhappy it was foreclosed and let her dog go to the bathroom all over the house. it was disgusting. this was years ago i have not heard many stories like this.
pet smells are normal...9 times out of 10 you have to ripped the flooring up in these houses
the one I am showing tomorrow is coram needs the flooring and walls fixed (and the kitchen) not b/c they were trashed on purpose but I think the people just stopped caring
It's only really bad when squatters get in- I was in one in queens that they ripped the walls apart to take the pipes- that one was scary- but what do you expect for $110k.....
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| Posted 1/29/10 10:35 PM |
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Re: If you purchased a foreclosure....
I have to agree that most of the time the old owners are long gone.
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| Posted 1/29/10 11:29 PM |
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Shroggie
Don't Worry...Be Happy
Member since 5/06 6261 total posts
Name:
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Re: If you purchased a foreclosure....
Posted by Beth
I sell them
I plan on buying one (or more)
I look at different ones every day- I have never seen anything like a bullet
None of our listings would ever been shown with graffti on the outside- and that wouldn't fly with any of the neighbors where our houses are
They are in nice areas- today I am in a new development in coram-
Sure some are messy and need work...but you can get a great house for a good price and make it your own
Sometimes it makes me sad- like pencil marks on the wall showing kids height but this is the reality of the market now...
Eta- the owners are normally long gone here too...it takes months to put the house on the market in most cases...my last one was vacant for 18 months- by then the old owner has moved on and I have heard from the neighbors they are doing well!
I'm so contacting you when it's tiime for us to buy a house...Hopefully in the next 11 months. 
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| Posted 1/30/10 8:27 AM |
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jerrysgirl
I love my hot dog!!
Member since 6/06 5357 total posts
Name:
E & J
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Re: If you purchased a foreclosure....
Posted by Beth
Posted by jerrysgirl
my neighbors purchased their house years ago from a lady with a dog. the house was a foreclosure. she was unhappy it was foreclosed and let her dog go to the bathroom all over the house. it was disgusting. this was years ago i have not heard many stories like this.
pet smells are normal...9 times out of 10 you have to ripped the flooring up in these houses
the one I am showing tomorrow is coram needs the flooring and walls fixed (and the kitchen) not b/c they were trashed on purpose but I think the people just stopped caring
It's only really bad when squatters get in- I was in one in queens that they ripped the walls apart to take the pipes- that one was scary- but what do you expect for $110k.....
it was not simple pet smells. she smeared the dog poop on walls - everywhere. she was extremely angry. my neighbors had to wrip out walls and tons of flooring.
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| Posted 1/30/10 9:05 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: If you purchased a foreclosure....
That's gross...but there isn't 1 foreclosure I have seen that I wouldn't rip out the flooring (mostly carpet) and the sheet rock
The one I am working on now- has spit balls on the master bath walls...the size of soft balls
And gum on the laminate flooring
And this is one of the better ones I have been in
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| Posted 1/30/10 9:11 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: If you purchased a foreclosure....
Posted by Shroggie
I'm so contacting you when it's tiime for us to buy a house...Hopefully in the next 11 months.
Let me know when your ready! My company does mainly bank owned and HUD (fha foreclosures)
You can even get an fha loan to do the repairs- we have banks that specialize in that
If you have any questions let me know!!!
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| Posted 1/30/10 4:06 PM |
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ThePinkGoose
In Your Hands
Member since 8/08 4706 total posts
Name:
Nunya
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Re: If you purchased a foreclosure....
Our current home was going into foreclosure, we bought it as a 'short sale.' We've been just fine.
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| Posted 1/30/10 7:17 PM |
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