Property From House
In buying a foreclosed home, what are some items that the previous owner may have taken out of the house? As a buyer what could one expect to have to replace?
thanks 
[ Edited by amybk on Date 06/17/2005 ][ Edited by amybk on Date 06/17/2005 ]
Anything and everything.
You also need to conside that they are losing their home and they know it, so why bother to take care of the place? I have seen places with holes punched in the walls, doors kicked in, and one place that they let their kid wipe his nose on the walls in his room.
You really never know what you are going to get.
bank or the buyer at the auction eat it and move on.
This is why you realy need to watch the margins and your upper bid limit.
Basically if the house and location are what you want, then you need to prepare yourself for putting money into it. Friends were telling me that one house had no furnance or breaker box. Guess thats not really pricey, just time consuming.
Thanks for all your information!
You can count on everything being taken that can possibly be taken. A/C, heater, woodstove, fridge, stove, hot water heater, bathroom fixtures. Imagine it. I know of a house that had cement poured down the drains. Plan for the worst. Hope for the best. If you buy at auction, with no inspection period, a greater risk than buying from the mortgage holder after the auction. Sometimes a risk worth taking.
Do you ever have a chance to strike up a conversation? "Wow, I really like your neighborhood. Do you know of anyone that might be moving?" (as you havd her a stack of savior letters)
Something like that would be innocent enough.
RonInAZ
That might not work, in the post it states that she lives out of state. That is more of a post service rules question.[ Edited by d_random on Date 06/20/2005 ]
If you know that she has foreclosure notices although it may be a card then you are actually "reading" her mail which is a violation of postal policies. You could get burned for that somewhere down the line. I too am a postal worker.
Try the strike up the conversation method as suggested.
Hey do you have a hubby or someone very close to you that you can trust? You can split the profits
Yes it is unethical, if you are opening and reading her mail. I cant believe you even admitted to it.
Hopefully you will stop doing this, before you get into trouble.
i meant to write i am Not opening her mail. if you read the entire post you should read between the lines to see that i obviously forgot to write the word not. i would not risk my job.
I could see that you simply left out an important word in your sentence. I am sure you would never read mail.
Meanwhile, make sure that you could not loose your job. Then, find a way to contact her to see if you can create a win/win with her. You would be more deserving than others. Good luck.
Oops.
I need to read the whole post next time. All apologies.
DOH!
cool