Home Buying in Elverta>Question Details

Mc, Real Estate Pro in Sacramento, CA

Buyer Beware!

Asked by Mc, Sacramento, CA Fri Mar 13, 2009

My Agent showed me some homes in the Elverta area. One home, we couldn't even get near because the resident of the home released their big ferocious dog. At another home, the resident kept making up excuses as to why it wasn't a good time to look at the house. My Agent has since contacted the Listing agent, but has anyone else experienced this? Also, as a potential buyer, should I just move on? I know people are upset about being foreclosed on, but this is ridiculous. I guess until the bank forces them out, we can only look at the neighborhood and the outside of the home.

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I know this is a very delayed answer, but I believe is helpful, none the less for buyers out looking at short sales.

I will second what Jim said. I can usually get a good sense of how committed the sellers are in a short sale by the showing instructions. If it's just your usual call/lockbox with no undue restrictions, then the sellers are likely serious about selling their home. If showing instructions are 24 hour notice and you have to call seller and every time you do they have a reason you can't see it - then they really are trying to stay for as long as they can and are just giving the appearance to the lender that they are trying to sell. That's just an opinion. I can't speak to the specific property.

Anna Boyd, CDPE Lic #01043604
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Re/Max Gold
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anna@annaboyd.com
1 vote Thank Flag Link Tue Mar 9, 2010
Uncooperative residents are usually that way because they perceive that being a hinderance to allowing showings will make a sale less likely and their own continued occupation of the premises more likely.
Rude, yes. ---but effective. Uncooperative occupants often do not have a positive stake in a succesful sale.
0 votes Thank Flag Link Sat Mar 14, 2009
Jim Walker, Real Estate Pro in Carmichael, CA
MVP'08
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Sounds more like you've being shown homes that are short sales, and the seller is not happy to be surrendering their home. Bank owned homes are not normally listed until they are vacant and 'secured' by the listing agent on behalf of the bank that has just taken possession.

You might want to stick with homes that are not short sales. Once you get more specific on your needs; neighborhood, amenities, etc., and have not found it in the other inventory, you could reconsider short sales. But short sale listings need more scrutiny by your buyer's agent to speak to the listing agent and qualify it before wasting your time trying to see it.

It's a different market out there these days! Good luck!
Web Reference: http://www.suearcher.com
0 votes Thank Flag Link Fri Mar 13, 2009
That it certainly a challenging situation isn't it? If you are "targeting" foreclosed homes, there shouldn't be anyone living in the home. Have your agent research these situations more thoroughly maybe and make sure there are no tenants in the home.

A couple of other things to watch out for is if there are tenants living in the home, either renters or homeowners, their final exit may provide a stage for their last act of defiance leaving a trail of destruction.

Perhaps steer clear of "occupied" distressed properties as there is simply too much potential for problems - look for vacant properties and eliminate that risk.

Good luck and carry dog biscuits with you to keep the doggy happy :)
0 votes Thank Flag Link Fri Mar 13, 2009
Mc,
I don't know about inventory in your area but if I was having that kind of trouble just showing the homes I would advise my client to continue looking. If they're that much trouble to show, how will the buying process go? With all the homes for sale it shouldn't be that difficult to find someone who is serious about selling.
0 votes Thank Flag Link Fri Mar 13, 2009
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