No, sellers move on and I have never heard of them being upset at the buyers. Upset at the situation, yes, but not the buyers

This is a great question. Something many people probably wouldn't even think of. I have never heard of anyone causing any problems after the sale. If anyone has any stories of this happening, please share them with us.

Nadia,
As the others a have stated I have never heard of this kind of thing happening. Yes, they have left the house a mess. Before you close a property you have the opportunity to do a walk through. You can have the peace of mind that they have not returned since you put in your offer, and they should not bother you after the close.
p.s. there are no silly questions.

I have sold tons of reo properties and have run into some interesting situations but never have had any incidents with previous owners contacting or causing trouble for new owners. Yea sometimes they are embarrassed or pi@%ed off and rip things out and put holes in the walls before they leave and have even come back to destroy things during the prelisting and listing period but by the time a new owner takes over they seem to be over it. I wouldn't hesitate to buy an reo for that reason.

Hello Nadia. I've never had negative feedback from buyers purchasing a REO property.

The only incident I've ever heard of happened this summer. My client bought the home and about a week later the previous owner showed up at his door. Apparantly the reason the previous owner lost the home was because his fiancee died, and he just never got caught up with the payments. The previous owner and his fiancee planted some flowers near the fence, and he came to my client that purchased the home to ask if he could possibly dig those flowers up since they were a memory of his fiancee.

I've sold several REO's and that is the only time that I've ever heard of the previous owner ever returning, and, even that one, was not a negative.

Depending on the neighborhood, I wouldn't hesitate in buying a REO. Good luck.

Adelina Rotar

Great question, I have never heard of a previous owner that was evicted returning to harass the next owner. I wouldn’t let that stop you from buying a REO home. If you do and the previous owners show up call the police immediately, don't talk to them.
Michael

Typically, the negotiation is done between the owners agent and the owners mortgage company. If the mortgage company decides to accept the offer and the property closes, the previous owners are released from the mortgage lien and a new deed is issued to the new owners. From my experience, when an owner is in financial trouble and their mortgage company is willing to accept less then the seller owes, there usually is a sense of relief for the previous owners. I've personally have not heard of any problems for new owners buying an REO home. I hope that helps.

I haven't heard of prior owners returning to their previous homes as you describe. I have heard of property owners removing cabinets, plumbing fixtrues, etc. before vacating.

If you are buying an REO, you can see the property and condition.

There's no way to guarantee a prior owner would not return, but it isn't something I have heard of happening with any frequency.