The seller of our waterfront home was still living in the house after closing. She seemed to be an emotional wreck and begged us to stay one more night, which we agreed to. After we departed the property that evening, the seller immediately went to the next door neighbor and told her that some mean people just came to take her house from her. The neighbor had to explain how we had purchased the house and it was no longer her home. Thankfully, the seller was convinced the house was now ours and left the following day as agreed but it could have been a nightmare. Later, we found out that the sale of the house closed 10 days before she would have lost the house to foreclosure and our last minute purchase allowed her to get some positive cash flow for her transition.
Emotions are not quantifiable. Emotions do not fit on the grid on a 8x11 sheet of paper. The buying and selling of a house is ether mixed with varied emotions and circumstances… that’s how you were able to get the seller to sign on the dotted line was ether… so here’s the trick, $1 is given to the seller at signature of ratified contract and after final walk-through (clean, trash, removed, etc.) our Attorney releases the “Cash for Keys” portion after the walk through… and deductions applied.. Leave a monetary value as the proverbial carrot in front the horse. Don’t give any close $ until all humans, pets and trash are off site 100% ALL SELLERS WANT ONLY NET MONEY
Losing a home, should never happen,in America,but the money jerks, just had to add it to the stock market, so folks lose home's, the only thing many have known for life,it's tragic to many,many kill themselves in that predicament. 🕊️📖🏡🏠⚖️
@@Turner.1 Hear You Loud and Clear Lost two homes myself. Perspective: The same adventure that almost killed me, is ironically the same adventure that has healed me. Life is a pendulum. Gravity (Providence) swings life to good or bad. The trick is don’t hold gravity (if you think you can) to one side or the other. Allow the flow of Providence to take you where the driest desert are in life so you remember that “Where the desert ends… fresh new green grass grows.” Today own Two Real Estate firms… and now that market is swinging into the desert again. Life a pendulum. Enjoy your Gravity… my Gravity is the Holy Spirit.
@@MarksHouseofCars-js4vo That right there is the first red flag. Folks who want to sell are ready to go to their next property before the transfer. Folks who don't want to sell/are forced to sell are the ones who require an agreement to prolong their stay in their home.
For real, but these people also seemed to be hoarders with mental health issues so it is a bit harder to expect them to act rationally. Hopefully they get some help with their problems.
@@dsmbilly3690 but they did not claim or even seems to have any mental health issues or we’re not acting rationally when they did agree to sell the house and take the cash? They were perfectly capable of making the right decisions when it came to a home offer buyout? But when it comes to moving out, we’re going to call them hoarders and we’re going to say “mental health” and we’re saying they are not acting rationally? I agree with you about the hoarding part though, yes👍🏼
It's happened to me. She was a narcissist who abandoned her animals to boot. Maybe some mental health issues there, but mostly just a selfish person with a lot of excuses.
My aunt died and her house was put up for sale the buyers actually helped us move out her stuff to the charity shop because they had a large van , which helped us greatly and they got the house quicker
This is why I tell all my buyers to sign papers in the house they are buying so they make sure the people are out and to change the locks then you close.
And that is why we use attorneys for the entire process here in New Jersey. They would absolutely hold far more than $5000 in escrow for the squatting tenants.
@@po4742I had an attorney when I bought/sold a home in NJ. When I bought a home in PA people thought I was crazy for having one. IMO, it’s foolish to not have one.
Had a similar issue. Seller had eleven days to leave but they weren't gone. Realtor offered to take me by the police station. Police? 🤣 Next day I showed up at MY house at 6am. Unlocked the door, walked in and yelled hello as everyone scattered. I sat on a stool in the middle of the living room asking them if they needed boxes since I had extra. Stayed all day into the night as they finally started packing or moving stuff out to the street. Went back the next day surprised the key still worked. They finally got moved day 3. Hell if I was going to do an eviction. They took my money, so I get the house - period!
My realtor advised to do a morning walk through on the day of closing. That way, if there is damage, debris, etc., then closing can be postponed as consistent with the sales contract.
Yes, one seller left a nasty old hot tub on the second floor balcony. When I did the walk through I said that has to be gone bf we close. He gave it to the neighbor who was a hoarder
Our first house,they wanted us to sign papers but didn't have a key to give us. My lawyer wanted us to go ahead because he didn't think it was a big deal. We rescheduled the closing for the next day and the seller had to pay the extra costs.
A similar situation happened in Riverside CA about a year ago during covid. The family refused to move out and the new buyers were stuck with no help from the court system because the court was almost shut down due to covid.
Ha. The court system was shut down due to the draconian government using a virus with a 99.8 surivival rate to take complete power over people's daily lives.
Mark, there are few adjustments you can make to possibly avoid this in the future. 1) I recommend a holdback in the amount of 10% of the purchase price. It needs to be a bigger hammer than just $5k. 2) in your post closing occupancy agreement you should include the stipulations that their occupancy is not exclusive. Instead, they acknowledge and agree that a new set of occupants of your choosing may move in alongside them and share the house as housemates any time after closing. 3) also in the post closing occupancy agreement, you might have them agree that work on the property will begin on (date) Irrespective of their occupancy status. (Be careful not to make changes that impact habitability).
modification to the 5-day post occupancy agreement so on day 6 they wave all RIGHTS allowing you to enter the house considering them as armed intruders doing what one must to protect his property. People have advanced to a point where there is no punishment that is an actual punishment. It wasn't long ago that peoples actions could cost them their lives and it really needs to be reverted back to that time period.
I have always done a walk through inspection right before closing. I had one seller that wanted to do a short term rental as they had issues closing on the property they were moving to. My realtor said that would be a very bad idea.
I think it depends. I did a rent back for one month plus they held an additional $3000 (which they released fairly quickly). I really did need the time to close and move (it was out of state). I left the property very clean and 2 days ahead of schedule.
@@lisab9541 Most people (almost everybody?) have very little experience and knowledge in the matter of buying and/or renting. We should all "study up" before we rent or buy. My wife and I spent a couple of days doing some serious cleaning of a house we planned to rent but when the landlord wouldn't fix or provide a working water heater we walked and ended up renting a nearly perfect duplex for almost 4 years before buying our house in 1970. The house is paid and we're still here more than 50 years later. If we had moved to a bigger/nicer house through the years we would have paid the inflated prices with higher property taxes. It wasn't our greater wisdom but simple good luck to come to realize that it pays to buy the good neighborhood and make improvements on the structure. It's very difficult to make improvements on the neighborhood.
In one state I lived, there was a company that specialized in that. You could rent a family with a U-Haul full. The family consisted of 2 parents, 3 kids, and a large dog. If you enlisted their services, they would show up, with a rental agreement, and start unloading on the front lawn and requesting access. The rental truck has to be returned tonight. It appeared to be effective as they would not go away, and needed to get their stuff out of the weather so it can't stay on the lawn. The rental agreement, even though for a year, was only in effect to the completion of the eviction, but the people in the house didn't know they were an eviction service. I think the service had lots of business. Hard to stay in a house when the out of state renters arrived and have no other place to go. The service was actually in town, but the U-Haul rental often had out of state plates.
I bought my house from the 86 yr old man who built it 36 years ago. On the morning of closing during the walk through, there were still piles of things everywhere, boxes and furniture, etc. He said that help was coming that afternoon and the house would be cleared out. I said fine, we can close tomorrow. The next morning I rolled up to see he was right; everything was outside of the house and piled up on either side of the driveway along the road. My realtor was not surprised when I said no one was getting paid that day. The seller's brother tried to assure me that the county did indeed take household and heavy items, so it would not be a problem if we went ahead and closed. Having checked the county website, I knew that could take weeks, and there were cu ft limits that those piles were exceeding. So, nope. I had to wait another week to close, and like other folks here are saying it screwed up movers, cleaners, locksmith, etc. that had to be rescheduled. But I'm sure glad that I held firm, or I would have been left a mess to deal with, and the house itself was already enough, ugh.
@@investfourmore Did you know you were buying the property of a homeowner with a Mental Illness which forced her to sell it for less than it was worth? ...post occupancy agreements - means you want that deal more than the problems that come with them. Pretty simple. Your good attitude made it much, much less messy.
Unfortunate, but it is part of the game people play. I faced something similar when I bought my house. Even though she no longer lived here, she was having seller regrets ... but she wanted me to give her the remaining full balance. I said no to paying her the balance until I had the keys and 100% possession. She stonewalled, and I started looking at other houses again and her realtor got wind of it. Then, she wanted the closing the next day. As you know, closings do not work that way.
@@tigergreg8, she had to wait 10 days and clear all her things out of the house since my offer/deposit was contingent on a final post evacuation inspection of the house before the closing.
When I sold my homes, they were completely clean and cleared. If I had things I didn't want, I just hired someone to take them to be disposed of. But sometimes, when people are distressed before they sell or have mental health problems. This is what you're going to see. It's sad, honestly. However, it is unfair to the buyer as well. So I'm glad you can understand that.
Had this happen once (20 days post agreement) - I moved in with my 3 (BIG) dogs and filled the house with furniture to the point you couldn't walk - BTW our contract left $15k in escrow to cover any issues (they had 9 cars in the back field to move out).
We love the wholesalers who drag our property values down... they swoop in, buy the property way under market, put $50k into the house, move renters in, then forget about the house...sadly the people who rent, seldom take care of the property, but these big property companies don't care because they don't have to look at it....
It gets worse, the contractors they hire are often "lowest bidder" companies and there's no direct supervision. Many simply take photos before / after in order to get paid, I inspect quite a few of these homes. Some actually do a good job but in most cases they're "jacks of all trades" meaning they might cut the grass while there and since they're not true landscapers they'll basically bushwack it, just as one example.
@@8307c4Exactly! I had a “landscaping company” show up at my house accidentally. They told my husband that “this is where GPS brought us”. They jumped out of their truck and proceeded to weed eat all of my plants in the front yard. Even my Rose of Sharon that I had just planted before I even realized they were out there. 😮
Our first house they refused to move and refused to pay the weekly amount anymore. Lawyer, $1500 and we showed up and took down the fence. Huge fight, cops. It was something. Our. FIRST. House. Smh
Those temp tags may actually just be fake, printed on a home printer. A reputable car dealer will not normally supply a never-ending stream of temporary tags.
I am so glad that I gave myself a month to move from my apartment to the house I purchased out in the country. The previous owner left a ton of trash inside the house. Like piles of paper and other trash. A friend and I had to relocate trash out of the living room so we had a place to put the air mattresses so we could have a place to sleep. I made many trips out to the property with my Rav4 packed with my belongings and then would return to the city packed with trash or stuff I took to a thrift store. I needed that month to clean out all the crap the previous owner left inside the house. After I finally was able to completely move in, I tackled the trash left in an outbuilding. I should probably add, due to the wife not bothering to tackle probate (husband had passed) before selling the property, escrow got extended so an attorney could take care of it. So she had twice the time to move out. When I toured the property she had mostly moved out and was living with her son. The property had been on the market for over a year with no one living there and they still couldn't get the house cleaned out. And make sure you have the legal rights to sell a property before putting it on the market.
Hey Mark, we bought our house in a smaller rural area. We were surprised to be told by the real estate agent that it's customary to give the current owner 30 days to move out and there was no compensation.
That has to be one of the dumbest explanations that I've heard from a RE Agent and I've heard quite a few. Inconvenience aside, the liability issues from this would be a deal breaker for most buyers. Me personally I would never close on a house before the seller and every last possession was gone and confirmed during the walk through.
I have been thru more stressful court ordered vacate orders than I care to think about. They all start out great but eventually many go ugly. Think it over and over if you want to get into the landlord game. It is not for the timid.
This happened too a neighbour of mine. It was a divorce and she didn't want too sell. New owners turned up with a big removal truck and the lady hadn't vacated. The new owners had too find a place too store all their stuff and stay in a hotel whilst going the the eviction process. She still refused to leave and they had to get the Sheriff which took another 2 months. She was dragged out by the police and ended up living in her car out the front of the house. Poor new owners, think how much a hotel and storage would have cost for 3 or 4 months.
I stumbled across your channel today and I’ve been loving watching your videos. Especially the ones on the Ocho property lol. I am a great tenant and my landlords always love me by the way lol. Thanks for the videos that keep me entertained while working from home! Lol
I used to work for a certain jurisdiction in Utah doing Code Enforcement and I learned 2 things very quickly. There are many people in this country that I would classify as ''savages'' because of the way they live and [[ usually ]] their almost complete lack of morals and ethics. The other thing is that these same people {{ by and large }} can live in complete filth and squalor and it DOES NOT bother them in the least.
We purchased a house 20 years ago from a man who owned a building company. He built that house in the 80's, and lived in it till he sold it to us. When it was time to move, he asked us to get an apartment, since we sold our other house and had to move out. He wanted to stay in his house a few more months. His real estate agent told him he had several houses on the market, and he could move into any one of them, but he couldn't stay in the house we purchased. He was moving his stuff out as we were moving ours in. We managed to get everything out of our previous house and get it cleaned up on the day we were supposed to move.
We had a seller that took forever to move out. At the closing after all documents were signed he stated, “So what day do I need to be out of the house. We never agreed on a move out day.” Everyone in the room looked at each other like WTF. I have to extend my lease and change the moving truck days. I missed several days of work. It was painful and crazy.
@@garyzimmerman8679 Yes, if it's not within the four corners of the contract, it effectively isn't in the contract at all. Things like this need to be specific as there's commonly a fee that comes into effect after that day. Without a day, having a $100 a day penalty for continuing to be there is absolutely meaningless.
Sheesh! I just don’t get people. I rented a large house with a large backyard once in New England based on the listing and a coworker looking at the house. Sent the downpayment of about 5k. I move to town after two days of driving with two dogs and a cat to find out the backyard isn’t completely fenced in. I flipped on my realtor who did not do her due diligence. My landlords were amazing and put in a fence that day. Not a great fence but they were so amazing for three years. Never raised my rent and was happy with my landscaping and how clean the house and yard was when I left. Got my entire deposit back.
I checked the house on Google Maps, and I can't believe how much stuff is in the back yard! The roof looks like it was missing a bunch of shingles as well.
Just did the same. Crazy how people can live like that 😳 Leave it to Mark to buy the only house in the entire street that looks like this 😅 But I won't complain obviously: more entertainment for us 😉
I used to just set a date and list it in the contract that everything left after so many days is considered abandoned and now belongs to me. It is surprising how much valuable stuff is left w/ no argument.
I'm thinking high rates are going to kill house flipping.. dumping 50K cash into a property worked well when rates were low and people (who didn't have 50K cash but wanted a remodeled house) could easily just finance the higher sale price... but with rates headed to 8-9% that extra 50K+ flipper profit is going to hurt and I think a lot of people will just settle for an old kitchen and they'll buy some paint at home depot and do it themselves.
If the rates get high enough some flippers who have cash may try to seller finance the home. Under Jimmy Carter, the interest rate got up to 22 percent. If a flipper could purchase a property low enough and then remodel, the sale price may only reflect their costs due to interest rates driving property values down but there will be plenty of money to be made on the back end. I think seller financing and rent to own may become the new model.
It's hardly just that, you can't have a significant portion of the real estate market be people buying cheaper properties and fixing them up for resale at a higher price with so many people out there that can't afford the rates of those cheaper properties. Even without rates going up, it's still going to dry up eventually as wages have not been increasing by a similar rate. Whether people buy to live in them or buy to rent them out, there comes a point where there just aren't enough buyers to make it work out and using your own cash only does so much in making it a moneymaking venture.
@@SmallSpoonBrigade Tell that to all the people who made money buying and selling homes and landlording during the great depression. We are headed for some hard times. If you stay flexible and keep your eyes open there will be opportunities to make money.
@@tigergreg8 So your saying you can pack and leave right now at the drop of a hat. Most people aren't going to just put 80% of their stuff in a storage unit for a undetermined amount of time while they wait for a offer on their home.
@@tigergreg8 Because these kinds of sales are not because the owner wants to sell and leave their home; it's because they HAVE to move. A lot of other factors come into play.
When I bought my first house in 2004, we signed and waited 2 days to start the move, they had not even packed up. We said out today or we will not take the house. Ridiculous. They moved out but it was crazy. The house I bought in 2015 was empty and all we did was dust and vacuum. Much better experience.
Bought my 1st home they cleaned it all out over the weekend and I had my realtor call to make sure they were done. The previous owners were so nice and left me new items as well. I see sometimes it doesn't go that well.
One home I bought, the sellers were still in process of moving out when we went to closing. I demanded a few thousand be held back at closing, pending the sellers vacating the house in good order, plus an added agreement that they would be out by the end of day and not hold me liable for any of their belongings still on the property., and not block the arrival of my moving containers.
I purchased my home from an older lady whom built it 34 yrs ago. We changed the closing date twice for her. And the day of her supposing to be leaving..it took all day.Even her family was looking like WTF.
Call power company have the meter pulled. Tell them your reworking your lines. Pull the water meter as there’s a leak. File eviction now. Should have after 5 days.
our new to us as of last year house had a glitch like that... the sellers thought they had 6 weeks after closing to move the rest of their stuff out. Our realtor was dumbfounded and said that in 20 plus years selling houses she had never heard someone saying that ...>She was awesome and brokered a deal that gave them basically the weekend to clean out or they had to pay so much per day and whatever was left after that was ours. Dang it..they took the 4 wheeler...LOL
Yes he knows that but he bought it wholesale which means he got it cheap. How he didn't know it was bottom dweller sales with problems, I don't know. Inexperienced maybe. When there are strings attached, the carrot looks more tasty.
Wow, super interesting! I bought a property with tenants in the home, and they moved out before I closed Escrow! Thankfully it wasn't a situation like this, lol! Best of luck man, wonder if they will actually pay that $250 per day fee.
I bought a junky property, included a $5 k deduction from sale price if not cleaned up prior to close. They were VERY busy the last 2 days before. This escrow does give you $5 k but drags things out.
It took me 23 months to get a writ of possession for a home in Hawaii county. During that time, the tenant put a restraining order on us, we were unable to turn off any utilities, It cost us $8300 for the sheriff to come and remove the people. Not to mention the court fees, lawyer fees by the time it was all said and done it cost approximately $163,000 3:41 .
I find it incredible that people are in total denial of reality that they have to move out. I can’t imagine that such behavior won’t have an impact on future house purchases or rentals. Don’t they realize that they are burning down their reputation?
I never even thought of someone being in a home by the time closing happens. We were out of our house before closing. Had to wait a month to close on the new house.. ( put our stuff in storage, and stayed at my sisters) and the previous owners were out of our new house by closing.
Have you offered a fixed dollar number of $1000 if they move out in the said time period when they take their crap with this ‘em? I’d take the grand and clean up, especially if you had the dumpster out front! We’re helping a friend of ours who’s father died. He was a hoarder living on 2+ acres and we’ve already filled 6 dumpsters! We still have 3-4 more to go. We also found that dumpsters,can be rented from Friday to Monday a lot cheaper. We can fill it up fill them in 3 days. If there’s a holiday, the usually give them a free day!
Google maps shows an aerial view of the property with the backyard full of junk and two abandoned vehicles and what appears to be an abandoned motorhome, all in that fenced in backyard.... and there's the two white Jeeps in the driveway... LOL.
We bought our house 7 years ago , took 10 months to get the lady out . Taken her son to come up from Arizona to the Midwest to get her out . She had every excuse in the book older lady 62 we tried to help all we could we paid for packing boxes and other materials and even helped her pack up but then she started selling things that came with the house we had paid for like rear deck , a two car carport . It was a mess.
Who is their right mind would close on a house with the seller's still living in it? When doing the final walk through the house has to be empty so you don't have to worry about the previous owners staying in it.
When we bought our house, at closing the agreement was that they would be out by noon on the move in date because we had to be out of our apartment by noon. We got to the house about 12:30 and while they had all the small stuff out, they were still waiting for the furniture movers. Turned out their son, in order to save a buck, didn't hire people who would guarantee a specific time. Their movers didn't come until about 6:00, so we had to move our stuff into the garage and basement, which meant the next day it was like moving all over again getting everything into the house.
I know someone that happened to.The owners new house was held up.He stayed an extra six months.Finally he checked into a hotel for 2 months.He is now in his new house and my friend was finally abled to move in.Such a nightmare
I would not have bought my house unless the owner was not already moved out. We did a walk through before closing. Of something wasn't right I could speak now or forever hold my peace.
Not a big fan of post occupancy agreements. When it goes south, it's up to the new owner to hire attorneys to take care of it and it costs money. When I was still working as a realtor I would do two final walk throughs. One usually a day before closing and one an hour before closing. We had an agent in our office do a walk through the day before when she represented the buyers. When the property closed, the buyers went to the house and a pipe had frozen on the second floor and poured down through to the first floor destroying the hardwood floors. Neither the seller's insurance company wanted to pay for damages nor the buyers. The sellers insurance agency said the property was closed and their client didn't own it. The buyer's insurance company said it occurred when the previous owners owned it. There was a huge lawsuit to settle the case. The new owners had to pay all the attorney fees.
Can you include an eviction notice at the time you do the sale and paperwork on the house? Seems if there is an agreement for the owners to leave by a certain date then they are already served and should save you some time.
We had a crazy seller as well. Stayed home during the inspection even when they were asked not to. They were still in the house with all their belongings during the walk through ~ definitely not ‘broom clean’. We closed on the assigned date and dispatched our movers to start moving in. Found the sellers still in the process of moving out. I called their lawyer and told him they had two hours until I call the police and trespass them. My movers actually had to help their movers so they could make the deadline.
never ever take possession of a property until you walk thru on closing day, and have the keys in your hands, with a locksmith on standby. trust me, been there once.
They sound like true hoarders. A hoarder will make promises so that they can be left alone, but have no intention of changing anything. A hoarder normally will need police intervention, to get a hoarder to actually follow a written agreement.
We sold our house years ago through a realtor who “switched sides” to a buyer we couldn’t trust - one new condition after another. We didn’t trust either one of them and were afraid we’d end up out of our house only to have him back out of the sale while we got stuck paying both rent and mortgage. We didn’t “dig in” our heels, but we certainly dragged them.
I'd assume that you'd be able to sue in that situation, the use of information that they were provided when they were representing you would be a massive legal problem and probably a violation of whatever license they need to work as a real estate agent.
@@SmallSpoonBrigade we had no idea what our rights were. She constantly “talked down” to us, and we couldn’t afford an attorney even if we’d known how to go about finding one who specialized in real estate.
Alot of people buying set closing dates to match when they're also closing on selling the house they live in so they'd end up homeless if they were in this situation. Could they sue for accomodation costs while awaiting for them to leave since their home closed and sold the same day?
Would that not be risky for the owner? What if the buyer did not show up at closing? The seller has already moved! Sure there are legal ways to get recovery, but that can take a long time.
My dad and step mom had a house under contract for sale. They had 1% in escrow as earnest money. They moved into a rental and had to clear out and store all their furniture because they were retiring and moving in six months. They were well known in our small town and a realtor actually rented a house to them for 1/2 price with the arrangement that they would do certain work to prepare it for sale. Two weeks to closing the buyer didn’t have the financing arranged. They asked to rent while making arrangements. They had several large dogs and three children. They were very unhappy when my parents said nope. We will do a contract extension but we are not renting it. Come to find out they had no intention of actually buying the house. They couldn’t find a rental that would allow their large dogs and thought they could back door into renting their house but had no intention of actually buying it! Parents ended up moving back in to their house (after finishing the work on their rental) and putting it back in the market. They refused to release the money in escrow and ended up in court. My step mom showed all the expenses they incurred due to their bad faith contract default. The judge found in my parents favor and they kept the escrow money.
So I actually experienced something similar to that but it wasn't people it was stuff. Back in December of 2020 I bought my uncle by marriage childhood home from his mom's estate. I lived there for a year before he finally got the rest of his mom's belongings out of the house. He was even pissed that I put stuff in the storage shed and had thrown stuff away. Some people just think that they're entitled and they need to be taken down a few pegs.
I knew someone this happened too, and they hired someone w came in dug up the front yard, back yard and five way which cut off all utilities and made it impossible and unlivable. They moved out. It was much cheaper then hiring a lawyer
You should have done a hold back from any proceeds in escrow, and if they're not out on the deadline they lose the money. Even if it's a thousand dollars. Always works. Covers your eviction costs at the least.
My dad tells a similar story about my childhood home. Apparently the guy was living in an RV on the driveway, hooked up to the power on the house and didn't want to move and kept delaying it. I think my dad ended up cutting the power cord or something, he could get evil when needed so it was something like that.
I bought a custom built home and the lady didn’t want to move. She didn’t start packing until the day they were supposed to move out. We show up at 11:00 am and they have little packed. I had to clean the house.
When i moved into my house the leaving guy took the front door bell,and a fitted mirror in the bathroom..he left an old door in the garden…when i thrust an electricity bill addressed to him into his hands,he said that’s yours that is..i said its addressed to you..they schmooze you into a sale…then they get cocky and mean after the sale is stitched..
1. Why did you buy the houses from this particular neighborhood? 2. If the previous people living there wanted the house, how did it end up on the auction? (Unable to pay mortgage/rent?) 3. Why not offer moving assistance to help deal with the situation given the large amount of items inside?
I’m really confused by this. How does this happen? Have you paid cash upfront for this property? Are these people the sellers or tenants? I live in Australia and I don’t even think that this could happen. I’ve certainly never heard of it or seen it happen.
Hoarder I have a friend who is a hoarder he just got evicted and lost his hoard now he is very depressed. He keeps talking about all the "Good stuff" he lost. Now he is living in his car him and I took two different paths in life 40 years ago I got a good job and saved he always lived for today and didn't save a penny for tomorrow.
Here is the complete before and after video showing how bad this house was and if we made anything. th-cam.com/video/uczGw7cF8Uo/w-d-xo.html
The seller of our waterfront home was still living in the house after closing. She seemed to be an emotional wreck and begged us to stay one more night, which we agreed to. After we departed the property that evening, the seller immediately went to the next door neighbor and told her that some mean people just came to take her house from her. The neighbor had to explain how we had purchased the house and it was no longer her home. Thankfully, the seller was convinced the house was now ours and left the following day as agreed but it could have been a nightmare. Later, we found out that the sale of the house closed 10 days before she would have lost the house to foreclosure and our last minute purchase allowed her to get some positive cash flow for her transition.
Emotions are not quantifiable. Emotions do not fit on the grid on a 8x11 sheet of paper. The buying and selling of a house is ether mixed with varied emotions and circumstances… that’s how you were able to get the seller to sign on the dotted line was ether… so here’s the trick, $1 is given to the seller at signature of ratified contract and after final walk-through (clean, trash, removed, etc.) our Attorney releases the “Cash for Keys” portion after the walk through… and deductions applied.. Leave a monetary value as the proverbial carrot in front the horse. Don’t give any close $ until all humans, pets and trash are off site 100% ALL SELLERS WANT ONLY NET MONEY
🙄 people
@@urnothing4234 good advice
Losing a home, should never happen,in America,but the money jerks, just had to add it to the stock market, so folks lose home's, the only thing many have known for life,it's tragic to many,many kill themselves in that predicament. 🕊️📖🏡🏠⚖️
@@Turner.1 Hear You Loud and Clear Lost two homes myself. Perspective: The same adventure that almost killed me, is ironically the same adventure that has healed me. Life is a pendulum. Gravity (Providence) swings life to good or bad. The trick is don’t hold gravity (if you think you can) to one side or the other. Allow the flow of Providence to take you where the driest desert are in life so you remember that “Where the desert ends… fresh new green grass grows.” Today own Two Real Estate firms… and now that market is swinging into the desert again. Life a pendulum. Enjoy your Gravity… my Gravity is the Holy Spirit.
NEVER DO A POST SALE OCCUPANCY AGREEMENT. Way to many things can go wrong. Keep your real estate sales/purchases clean.
In a perfect world sure. But some deals require them.
@@MarksHouseofCars-js4voalways a horrible deal . They know they are selling, they should vacate by the time you sign papers
We did one and it bit us in the butt!
@@ashdav9980 Also never allow inhabiting prior to transfer of ownership. I made that mistake and they began looking for “issues”
@@MarksHouseofCars-js4vo That right there is the first red flag. Folks who want to sell are ready to go to their next property before the transfer. Folks who don't want to sell/are forced to sell are the ones who require an agreement to prolong their stay in their home.
These humans agreed to sell their house, took the cash, and now refusing to move out?! GAMES at its finest.
For real, but these people also seemed to be hoarders with mental health issues so it is a bit harder to expect them to act rationally. Hopefully they get some help with their problems.
@@dsmbilly3690 but they did not claim or even seems to have any mental health issues or we’re not acting rationally when they did agree to sell the house and take the cash? They were perfectly capable of making the right decisions when it came to a home offer buyout? But when it comes to moving out, we’re going to call them hoarders and we’re going to say “mental health” and we’re saying they are not acting rationally? I agree with you about the hoarding part though, yes👍🏼
@@janellemcleod Exactly
@@THEMANCURTIS thank you👍🏼😊
It's happened to me. She was a narcissist who abandoned her animals to boot. Maybe some mental health issues there, but mostly just a selfish person with a lot of excuses.
My aunt died and her house was put up for sale the buyers actually helped us move out her stuff to the charity shop because they had a large van , which helped us greatly and they got the house quicker
I would have offered to take the money from the escrow to rent a container... Written agreement of course lol
Kindness always does everyone better 👍
This is why I tell all my buyers to sign papers in the house they are buying so they make sure the people are out and to change the locks then you close.
Great Idea too late for me as I am burned to the core over real estate.
The 24 hour walkhrough before closing will suffice.
Are you really a realtor? Have you ever heard of a walk-through the day before closing? Most closings are done at title companies or lawyer’s offices.
That won't work in the United States because it has to be signed at the title company
And that is why we use attorneys for the entire process here in New Jersey. They would absolutely hold far more than $5000 in escrow for the squatting tenants.
I live in Ontario, you cannot close on a house without the services of a lawyer. Again, CANNOT.
@@po4742I had an attorney when I bought/sold a home in NJ. When I bought a home in PA people thought I was crazy for having one. IMO, it’s foolish to not have one.
Really difficult to but money in escrow now.
Had a similar issue. Seller had eleven days to leave but they weren't gone. Realtor offered to take me by the police station. Police? 🤣 Next day I showed up at MY house at 6am. Unlocked the door, walked in and yelled hello as everyone scattered. I sat on a stool in the middle of the living room asking them if they needed boxes since I had extra. Stayed all day into the night as they finally started packing or moving stuff out to the street. Went back the next day surprised the key still worked. They finally got moved day 3. Hell if I was going to do an eviction. They took my money, so I get the house - period!
If anybody ever thought real estate was easy they just have to watch your videos!
I might make it harder than it needs to be 😁😁
Some deals are difficult. Most are easy.
My realtor advised to do a morning walk through on the day of closing. That way, if there is damage, debris, etc., then closing can be postponed as consistent with the sales contract.
Yes, one seller left a nasty old hot tub on the second floor balcony. When I did the walk through I said that has to be gone bf we close. He gave it to the neighbor who was a hoarder
I did my walk through a day before closing.
Our first house,they wanted us to sign papers but didn't have a key to give us. My lawyer wanted us to go ahead because he didn't think it was a big deal. We rescheduled the closing for the next day and the seller had to pay the extra costs.
What a crappy lawyer that was to suggest that!
A similar situation happened in Riverside CA about a year ago during covid. The family refused to move out and the new buyers were stuck with no help from the court system because the court was almost shut down due to covid.
Ha. The court system was shut down due to the draconian government using a virus with a 99.8 surivival rate to take complete power over people's daily lives.
Mark, there are few adjustments you can make to possibly avoid this in the future. 1) I recommend a holdback in the amount of 10% of the purchase price. It needs to be a bigger hammer than just $5k. 2) in your post closing occupancy agreement you should include the stipulations that their occupancy is not exclusive. Instead, they acknowledge and agree that a new set of occupants of your choosing may move in alongside them and share the house as housemates any time after closing. 3) also in the post closing occupancy agreement, you might have them agree that work on the property will begin on (date) Irrespective of their occupancy status. (Be careful not to make changes that impact habitability).
Agreed. It was not my agreement but the wholesalers
If these Tenants are willing to STEAL from the owner f landlord, then I cannot imagine what other criminal activity they do……..
modification to the 5-day post occupancy agreement so on day 6 they wave all RIGHTS allowing you to enter the house considering them as armed intruders doing what one must to protect his property.
People have advanced to a point where there is no punishment that is an actual punishment. It wasn't long ago that peoples actions could cost them their lives and it really needs to be reverted back to that time period.
Excellent information 👌
Ya dumb… one minute and out. Narcissist much.
I have always done a walk through inspection right before closing. I had one seller that wanted to do a short term rental as they had issues closing on the property they were moving to. My realtor said that would be a very bad idea.
I think it depends. I did a rent back for one month plus they held an additional $3000 (which they released fairly quickly). I really did need the time to close and move (it was out of state). I left the property very clean and 2 days ahead of schedule.
A walk through inspection before closing is probably the best thing.
Yes, I did that. Bought and let them rent for weeks and I wouldn't do it again. It wasn't bad but not smart.
@@lisab9541 Most people (almost everybody?) have very little experience and knowledge in the matter of buying and/or renting. We should all "study up" before we rent or buy. My wife and I spent a couple of days doing some serious cleaning of a house we planned to rent but when the landlord wouldn't fix or provide a working water heater we walked and ended up renting a nearly perfect duplex for almost 4 years before buying our house in 1970. The house is paid and we're still here more than 50 years later. If we had moved to a bigger/nicer house through the years we would have paid the inflated prices with higher property taxes. It wasn't our greater wisdom but simple good luck to come to realize that it pays to buy the good neighborhood and make improvements on the structure. It's very difficult to make improvements on the neighborhood.
@@lisab9541 did it once, never again
In one state I lived, there was a company that specialized in that. You could rent a family with a U-Haul full. The family consisted of 2 parents, 3 kids, and a large dog. If you enlisted their services, they would show up, with a rental agreement, and start unloading on the front lawn and requesting access. The rental truck has to be returned tonight. It appeared to be effective as they would not go away, and needed to get their stuff out of the weather so it can't stay on the lawn. The rental agreement, even though for a year, was only in effect to the completion of the eviction, but the people in the house didn't know they were an eviction service. I think the service had lots of business. Hard to stay in a house when the out of state renters arrived and have no other place to go. The service was actually in town, but the U-Haul rental often had out of state plates.
Awesome too bad it is needed.
Yeah, how often is something this needed I wonder?
I bought my house from the 86 yr old man who built it 36 years ago. On the morning of closing during the walk through, there were still piles of things everywhere, boxes and furniture, etc. He said that help was coming that afternoon and the house would be cleared out. I said fine, we can close tomorrow. The next morning I rolled up to see he was right; everything was outside of the house and piled up on either side of the driveway along the road. My realtor was not surprised when I said no one was getting paid that day. The seller's brother tried to assure me that the county did indeed take household and heavy items, so it would not be a problem if we went ahead and closed. Having checked the county website, I knew that could take weeks, and there were cu ft limits that those piles were exceeding. So, nope. I had to wait another week to close, and like other folks here are saying it screwed up movers, cleaners, locksmith, etc. that had to be rescheduled. But I'm sure glad that I held firm, or I would have been left a mess to deal with, and the house itself was already enough, ugh.
God forbid you be a decent human being & just help an 86 year old man. 🙄 You sound like a terrible person.
Poor old man. Must have been so difficult and heartbreaking for him. But of course you wouldn’t care about that.
When i bought a house 45 years ago……I didn’t bother with a locksmith…how stoopid is that…but I’ve replaced the doors now..
@@minoozolala How much advance notice does someone need? That "poor" old man was rude as hell to assume the buyer should have to deal with his junk.
@@Freshbrood Don't waste your time trying to make sense of it he's part of the handout gang.
This is when you need to contact your family members who are felons
lol
Invite 20 banditos over for a barbecue and free beer…
🤣🤣🤣🤣🤣
Right. We getting them out. Tf ... get out or I'll start throwing stuff out 😂
🎯
Always inspect the property an hour or two BEFORE closing.
Yes but it was a post occupancy agreemen t
@@investfourmore Yes, and these agreements pretty much always have some provision for if the seller doesn't vacate by the deadline anyways.
...yes...5 days before AND day of...
@@investfourmore Did you know you were buying the property of a homeowner with a Mental Illness which forced her to sell it for less than it was worth? ...post occupancy agreements - means you want that deal more than the problems that come with them. Pretty simple. Your good attitude made it much, much less messy.
Unfortunate, but it is part of the game people play. I faced something similar when I bought my house. Even though she no longer lived here, she was having seller regrets ... but she wanted me to give her the remaining full balance. I said no to paying her the balance until I had the keys and 100% possession. She stonewalled, and I started looking at other houses again and her realtor got wind of it. Then, she wanted the closing the next day. As you know, closings do not work that way.
Sounds like hoa fees
What did you end up doing?
@@tigergreg8, she had to wait 10 days and clear all her things out of the house since my offer/deposit was contingent on a final post evacuation inspection of the house before the closing.
When I sold my homes, they were completely clean and cleared. If I had things I didn't want, I just hired someone to take them to be disposed of. But sometimes, when people are distressed before they sell or have mental health problems. This is what you're going to see. It's sad, honestly. However, it is unfair to the buyer as well. So I'm glad you can understand that.
Wow. You would think if they’re THAT mentally impaired, they wouldn’t be allowed to enter into legal agreements anyway. Who would have thought?
I had a similar problem once. The next time I buy an occupied home, the sale will be contingent on vacating before closing day.
Had this happen once (20 days post agreement) - I moved in with my 3 (BIG) dogs and filled the house with furniture to the point you couldn't walk - BTW our contract left $15k in escrow to cover any issues (they had 9 cars in the back field to move out).
We love the wholesalers who drag our property values down... they swoop in, buy the property way under market, put $50k into the house, move renters in, then forget about the house...sadly the people who rent, seldom take care of the property, but these big property companies don't care because they don't have to look at it....
It gets worse, the contractors they hire are often "lowest bidder" companies and there's no direct supervision. Many simply take photos before / after in order to get paid, I inspect quite a few of these homes. Some actually do a good job but in most cases they're "jacks of all trades" meaning they might cut the grass while there and since they're not true landscapers they'll basically bushwack it, just as one example.
This is happening all the time and it’s disgusting
@@8307c4Exactly! I had a “landscaping company” show up at my house accidentally. They told my husband that “this is where GPS brought us”. They jumped out of their truck and proceeded to weed eat all of my plants in the front yard. Even my Rose of Sharon that I had just planted before I even realized they were out there. 😮
Our first house they refused to move and refused to pay the weekly amount anymore. Lawyer, $1500 and we showed up and took down the fence. Huge fight, cops. It was something. Our. FIRST. House. Smh
Hello Sheila Martinez 😊 how are you?
Just start moving in. Change the locks and help to move them out to the curb
Those temp tags may actually just be fake, printed on a home printer. A reputable car dealer will not normally supply a never-ending stream of temporary tags.
I am so glad that I gave myself a month to move from my apartment to the house I purchased out in the country. The previous owner left a ton of trash inside the house. Like piles of paper and other trash. A friend and I had to relocate trash out of the living room so we had a place to put the air mattresses so we could have a place to sleep. I made many trips out to the property with my Rav4 packed with my belongings and then would return to the city packed with trash or stuff I took to a thrift store. I needed that month to clean out all the crap the previous owner left inside the house. After I finally was able to completely move in, I tackled the trash left in an outbuilding. I should probably add, due to the wife not bothering to tackle probate (husband had passed) before selling the property, escrow got extended so an attorney could take care of it. So she had twice the time to move out. When I toured the property she had mostly moved out and was living with her son. The property had been on the market for over a year with no one living there and they still couldn't get the house cleaned out. And make sure you have the legal rights to sell a property before putting it on the market.
Nice of you to say where u went wrong on the purchase etc...gives us a sense of reality..alot of people wont do that
Hey Mark, we bought our house in a smaller rural area. We were surprised to be told by the real estate agent that it's customary to give the current owner 30 days to move out and there was no compensation.
That has to be one of the dumbest explanations that I've heard from a RE Agent and I've heard quite a few. Inconvenience aside, the liability issues from this would be a deal breaker for most buyers. Me personally I would never close on a house before the seller and every last possession was gone and confirmed during the walk through.
I would talk to a different agent!
@@shelunawolf6842 in NY the buyer does a walkthrough before closing, and in most cases the property must be broom clean condition.
That has to be the biggest bs ever!
30 days is standard in the Southwest.
I have been thru more stressful court ordered vacate orders than I care to think about. They all start out great but eventually many go ugly. Think it over and over if you want to get into the landlord game. It is not for the timid.
This happened too a neighbour of mine. It was a divorce and she didn't want too sell. New owners turned up with a big removal truck and the lady hadn't vacated. The new owners had too find a place too store all their stuff and stay in a hotel whilst going the the eviction process. She still refused to leave and they had to get the Sheriff which took another 2 months. She was dragged out by the police and ended up living in her car out the front of the house. Poor new owners, think how much a hotel and storage would have cost for 3 or 4 months.
No dignity. Very sad situation
I stumbled across your channel today and I’ve been loving watching your videos. Especially the ones on the Ocho property lol. I am a great tenant and my landlords always love me by the way lol. Thanks for the videos that keep me entertained while working from home! Lol
ThankS!
I used to work for a certain jurisdiction in Utah doing Code Enforcement and I learned 2 things very quickly. There are many people in this country that I would classify as ''savages'' because of the way they live and [[ usually ]] their almost complete lack of morals and ethics. The other thing is that these same people {{ by and large }} can live in complete filth and squalor and it DOES NOT bother them in the least.
%?
I start packing 30 days before a move. People are weird.
Holy Moly! I pulled up the aerial view on Bing maps, and you were not kidding, that back yard was packed!
We purchased a house 20 years ago from a man who owned a building company. He built that house in the 80's, and lived in it till he sold it to us. When it was time to move, he asked us to get an apartment, since we sold our other house and had to move out. He wanted to stay in his house a few more months. His real estate agent told him he had several houses on the market, and he could move into any one of them, but he couldn't stay in the house we purchased. He was moving his stuff out as we were moving ours in. We managed to get everything out of our previous house and get it cleaned up on the day we were supposed to move.
We had a seller that took forever to move out. At the closing after all documents were signed he stated, “So what day do I need to be out of the house. We never agreed on a move out day.” Everyone in the room looked at each other like WTF. I have to extend my lease and change the moving truck days. I missed several days of work. It was painful and crazy.
Always put put move out date in contract. Always before closing as well.
@@garyzimmerman8679 Yes, if it's not within the four corners of the contract, it effectively isn't in the contract at all. Things like this need to be specific as there's commonly a fee that comes into effect after that day. Without a day, having a $100 a day penalty for continuing to be there is absolutely meaningless.
Were they stupid? It's standard that you have to be out by closing day unless there is another date in the contract.
Poor realtor.
Shut the water, electricity and cable television off.
That could come back on you, when they live there without.
@ don’t care.
Sheesh! I just don’t get people. I rented a large house with a large backyard once in New England based on the listing and a coworker looking at the house. Sent the downpayment of about 5k. I move to town after two days of driving with two dogs and a cat to find out the backyard isn’t completely fenced in. I flipped on my realtor who did not do her due diligence. My landlords were amazing and put in a fence that day. Not a great fence but they were so amazing for three years. Never raised my rent and was happy with my landscaping and how clean the house and yard was when I left. Got my entire deposit back.
I shudder to think what the inside of the house is going to look like when they finally leave. 😬
When we bought our first house, we “rented” it for five days before we signed. I was thankful they let us! We definitely paid for it.
I checked the house on Google Maps, and I can't believe how much stuff is in the back yard! The roof looks like it was missing a bunch of shingles as well.
Just did the same. Crazy how people can live like that 😳
Leave it to Mark to buy the only house in the entire street that looks like this 😅 But I won't complain obviously: more entertainment for us 😉
I just bought it
I used to just set a date and list it in the contract that everything left after so many days is considered abandoned and now belongs to me.
It is surprising how much valuable stuff is left w/ no argument.
I'm thinking high rates are going to kill house flipping.. dumping 50K cash into a property worked well when rates were low and people (who didn't have 50K cash but wanted a remodeled house) could easily just finance the higher sale price... but with rates headed to 8-9% that extra 50K+ flipper profit is going to hurt and I think a lot of people will just settle for an old kitchen and they'll buy some paint at home depot and do it themselves.
If the rates get high enough some flippers who have cash may try to seller finance the home. Under Jimmy Carter, the interest rate got up to 22 percent. If a flipper could purchase a property low enough and then remodel, the sale price may only reflect their costs due to interest rates driving property values down but there will be plenty of money to be made on the back end. I think seller financing and rent to own may become the new model.
yeah game over
It's hardly just that, you can't have a significant portion of the real estate market be people buying cheaper properties and fixing them up for resale at a higher price with so many people out there that can't afford the rates of those cheaper properties. Even without rates going up, it's still going to dry up eventually as wages have not been increasing by a similar rate. Whether people buy to live in them or buy to rent them out, there comes a point where there just aren't enough buyers to make it work out and using your own cash only does so much in making it a moneymaking venture.
@@SmallSpoonBrigade Tell that to all the people who made money buying and selling homes and landlording during the great depression. We are headed for some hard times. If you stay flexible and keep your eyes open there will be opportunities to make money.
Moving from a big house it’s a big pain in the butt, I just moved a couple months, it was nightmare, but I made on time for the new owners!
I can't understand how this is a nightmare, when you know you're selling your home, and should be ready to go when the deal is made.
@@tigergreg8 So your saying you can pack and leave right now at the drop of a hat. Most people aren't going to just put 80% of their stuff in a storage unit for a undetermined amount of time while they wait for a offer on their home.
@@tigergreg8 Because these kinds of sales are not because the owner wants to sell and leave their home; it's because they HAVE to move. A lot of other factors come into play.
You should do a walk through on the day of the closing, never give money over until they are out, not one penny.
When I bought my first house in 2004, we signed and waited 2 days to start the move, they had not even packed up. We said out today or we will not take the house. Ridiculous. They moved out but it was crazy. The house I bought in 2015 was empty and all we did was dust and vacuum. Much better experience.
Living in squalor but no shortage of Amazon boxes everywhere.
That is the classic symptom of trouble - mental illness (hoarding) or drug addiction. Buyer Beware.
Bought my 1st home they cleaned it all out over the weekend and I had my realtor call to make sure they were done. The previous owners were so nice and left me new items as well. I see sometimes it doesn't go that well.
One home I bought, the sellers were still in process of moving out when we went to closing. I demanded a few thousand be held back at closing, pending the sellers vacating the house in good order, plus an added agreement that they would be out by the end of day and not hold me liable for any of their belongings still on the property., and not block the arrival of my moving containers.
It is a risky situation
I purchased my home from an older lady whom built it 34 yrs ago. We changed the closing date twice for her. And the day of her supposing to be leaving..it took all day.Even her family was looking like WTF.
Call power company have the meter pulled. Tell them your reworking your lines. Pull the water meter as there’s a leak. File eviction now. Should have after 5 days.
our new to us as of last year house had a glitch like that... the sellers thought they had 6 weeks after closing to move the rest of their stuff out. Our realtor was dumbfounded and said that in 20 plus years selling houses she had never heard someone saying that ...>She was awesome and brokered a deal that gave them basically the weekend to clean out or they had to pay so much per day and whatever was left after that was ours. Dang it..they took the 4 wheeler...LOL
I had buyers walk thru the day before closing so there were no surprises.
Same as when I sold one.
People should insist on this!
Yes he knows that but he bought it wholesale which means he got it cheap. How he didn't know it was bottom dweller sales with problems, I don't know. Inexperienced maybe. When there are strings attached, the carrot looks more tasty.
Wow, super interesting! I bought a property with tenants in the home, and they moved out before I closed Escrow! Thankfully it wasn't a situation like this, lol! Best of luck man, wonder if they will actually pay that $250 per day fee.
I bought a junky property, included a $5 k deduction from sale price if not cleaned up prior to close. They were VERY busy the last 2 days before. This escrow does give you $5 k but drags things out.
Agreed
Who decides if it’s cleaned up?
It took me 23 months to get a writ of possession for a home in Hawaii county. During that time, the tenant put a restraining order on us, we were unable to turn off any utilities, It cost us $8300 for the sheriff to come and remove the people. Not to mention the court fees, lawyer fees by the time it was all said and done it cost approximately $163,000 3:41 .
I find it incredible that people are in total denial of reality that they have to move out. I can’t imagine that such behavior won’t have an impact on future house purchases or rentals. Don’t they realize that they are burning down their reputation?
What is the deal with difficult tenants and tire accumulation? I have never owned a tire that wasn’t on one of my cars. I don’t get it.
I never even thought of someone being in a home by the time closing happens. We were out of our house before closing. Had to wait a month to close on the new house.. ( put our stuff in storage, and stayed at my sisters) and the previous owners were out of our new house by closing.
Have you offered a fixed dollar number of $1000 if they move out in the said time period when they take their crap with this ‘em? I’d take the grand and clean up, especially if you had the dumpster out front! We’re helping a friend of ours who’s father died. He was a hoarder living on 2+ acres and we’ve already filled 6 dumpsters! We still have 3-4 more to go. We also found that dumpsters,can be rented from Friday to Monday a lot cheaper. We can fill it up fill them in 3 days. If there’s a holiday, the usually give them a free day!
Google maps shows an aerial view of the property with the backyard full of junk and two abandoned vehicles and what appears to be an abandoned motorhome, all in that fenced in backyard.... and there's the two white Jeeps in the driveway... LOL.
There wasn't a motor home when I saw it...
@@investfourmore Whew! No motorhome or trailer. Amazing. 😋
The house in the last part of the vid was a classic hoarder house. Anyone that keeps trash and refuses to throw it away is a hoarder.
We bought our house 7 years ago , took 10 months to get the lady out . Taken her son to come up from Arizona to the Midwest to get her out . She had every excuse in the book older lady 62 we tried to help all we could we paid for packing boxes and other materials and even helped her pack up but then she started selling things that came with the house we had paid for like rear deck , a two car carport . It was a mess.
How on earth could she sell a deck or carport?
I've seen people selling pool decks and carport can be sold for scrap if it's metal
Who is their right mind would close on a house with the seller's still living in it? When doing the final walk through the house has to be empty so you don't have to worry about the previous owners staying in it.
When we bought our house, at closing the agreement was that they would be out by noon on the move in date because we had to be out of our apartment by noon. We got to the house about 12:30 and while they had all the small stuff out, they were still waiting for the furniture movers. Turned out their son, in order to save a buck, didn't hire people who would guarantee a specific time. Their movers didn't come until about 6:00, so we had to move our stuff into the garage and basement, which meant the next day it was like moving all over again getting everything into the house.
I know someone that happened to.The owners new house was held up.He stayed an extra six months.Finally he checked into a hotel for 2 months.He is now in his new house and my friend was finally abled to move in.Such a nightmare
I would not have bought my house unless the owner was not already moved out. We did a walk through before closing. Of something wasn't right I could speak now or forever hold my peace.
Simple....place verbiage in purchase & sales documents stating property *must* be vacant or entire deal off
Mark, you are such an awesome dude. I really love your positive outlook.
Not a big fan of post occupancy agreements. When it goes south, it's up to the new owner to hire attorneys to take care of it and it costs money.
When I was still working as a realtor I would do two final walk throughs. One usually a day before closing and one an hour before closing. We had an agent in our office do a walk through the day before when she represented the buyers. When the property closed, the buyers went to the house and a pipe had frozen on the second floor and poured down through to the first floor destroying the hardwood floors. Neither the seller's insurance company wanted to pay for damages nor the buyers. The sellers insurance agency said the property was closed and their client didn't own it. The buyer's insurance company said it occurred when the previous owners owned it. There was a huge lawsuit to settle the case. The new owners had to pay all the attorney fees.
Can you include an eviction notice at the time you do the sale and paperwork on the house? Seems if there is an agreement for the owners to leave by a certain date then they are already served and should save you some time.
They have to break the agreement before they can be served
Try eviction in NYC. Ha Ha
We had a crazy seller as well. Stayed home during the inspection even when they were asked not to. They were still in the house with all their belongings during the walk through ~ definitely not ‘broom clean’. We closed on the assigned date and dispatched our movers to start moving in. Found the sellers still in the process of moving out. I called their lawyer and told him they had two hours until I call the police and trespass them. My movers actually had to help their movers so they could make the deadline.
Had that happen too
never ever take possession of a property until you walk thru on closing day, and have the keys in your hands, with a locksmith on standby. trust me, been there once.
Thank you for that smart information
Lesson for all. Stop accumulating so much stuff. Live minimally.
Don’t close if the house is not empty. Why so difficult?
They sound like true hoarders. A hoarder will make promises so that they can be left alone, but have no intention of changing anything. A hoarder normally will need police intervention, to get a hoarder to actually follow a written agreement.
Omg this is what I’m going through
@@moj187. It really can become exasperating when a hoarder makes promises. They are worthless. Only legal intervention has any real effectiveness.
We sold our house years ago through a realtor who “switched sides” to a buyer we couldn’t trust - one new condition after another. We didn’t trust either one of them and were afraid we’d end up out of our house only to have him back out of the sale while we got stuck paying both rent and mortgage. We didn’t “dig in” our heels, but we certainly dragged them.
I'd assume that you'd be able to sue in that situation, the use of information that they were provided when they were representing you would be a massive legal problem and probably a violation of whatever license they need to work as a real estate agent.
@@SmallSpoonBrigade we had no idea what our rights were. She constantly “talked down” to us, and we couldn’t afford an attorney even if we’d known how to go about finding one who specialized in real estate.
Alot of people buying set closing dates to match when they're also closing on selling the house they live in so they'd end up homeless if they were in this situation. Could they sue for accomodation costs while awaiting for them to leave since their home closed and sold the same day?
Never close until the previous owner has moved out. Period. No exceptions.
Would that not be risky for the owner? What if the buyer did not show up at closing? The seller has already moved! Sure there are legal ways to get recovery, but that can take a long time.
These updates are so sad yet so entertaining. I’m sorry, Mark. 😂😅
No worries!
I am not a calm enough person to be able to handle those situations without losing it. I don't know how you do it.
My dad and step mom had a house under contract for sale. They had 1% in escrow as earnest money. They moved into a rental and had to clear out and store all their furniture because they were retiring and moving in six months. They were well known in our small town and a realtor actually rented a house to them for 1/2 price with the arrangement that they would do certain work to prepare it for sale. Two weeks to closing the buyer didn’t have the financing arranged. They asked to rent while making arrangements. They had several large dogs and three children. They were very unhappy when my parents said nope. We will do a contract extension but we are not renting it. Come to find out they had no intention of actually buying the house. They couldn’t find a rental that would allow their large dogs and thought they could back door into renting their house but had no intention of actually buying it! Parents ended up moving back in to their house (after finishing the work on their rental) and putting it back in the market. They refused to release the money in escrow and ended up in court. My step mom showed all the expenses they incurred due to their bad faith contract default. The judge found in my parents favor and they kept the escrow money.
I am so sorry that you have to deal with jerks when you seem like a great guy! Good Luck!
Tires can pelletized and used as mulch.
Temp tags might be because they were intending to move out of state. For example if they move from a smog required state to a no smog state.
People does this cause they get away with it. There has to b a law to stop this. Squatters r the worst
So I actually experienced something similar to that but it wasn't people it was stuff. Back in December of 2020 I bought my uncle by marriage childhood home from his mom's estate. I lived there for a year before he finally got the rest of his mom's belongings out of the house. He was even pissed that I put stuff in the storage shed and had thrown stuff away. Some people just think that they're entitled and they need to be taken down a few pegs.
I knew someone this happened too, and they hired someone w came in dug up the front yard, back yard and five way which cut off all utilities and made it impossible and unlivable. They moved out. It was much cheaper then hiring a lawyer
Wow!
five way?
Wow I just looked at it on Google maps... that back yard was packed. I am not surprised they are taking so long.
Good advice no post occupancy ever!!!
You should have done a hold back from any proceeds in escrow, and if they're not out on the deadline they lose the money. Even if it's a thousand dollars. Always works. Covers your eviction costs at the least.
My dad tells a similar story about my childhood home. Apparently the guy was living in an RV on the driveway, hooked up to the power on the house and didn't want to move and kept delaying it. I think my dad ended up cutting the power cord or something, he could get evil when needed so it was something like that.
I bought a custom built home and the lady didn’t want to move. She didn’t start packing until the day they were supposed to move out. We show up at 11:00 am and they have little packed. I had to clean the house.
I bought my house in 2004 its in Standard contract the house is delivered empty broomswept on the Closing date.
Per Diem was also in there
When i moved into my house the leaving guy took the front door bell,and a fitted mirror in the bathroom..he left an old door in the garden…when i thrust an electricity bill addressed to him into his hands,he said that’s yours that is..i said its addressed to you..they schmooze you into a sale…then they get cocky and mean after the sale is stitched..
1. Why did you buy the houses from this particular neighborhood?
2. If the previous people living there wanted the house, how did it end up on the auction? (Unable to pay mortgage/rent?)
3. Why not offer moving assistance to help deal with the situation given the large amount of items inside?
Didn't the cat house have a trailer in the basement? Your latest one was the tires don't be surprised if you find a trailer somewhere!
Yes it did. Had to disassemble it to get it out
@@investfourmore If this one doesn't have a traitor now, soon it may have one. Lol 😉
I’m really confused by this. How does this happen? Have you paid cash upfront for this property? Are these people the sellers or tenants? I live in Australia and I don’t even think that this could happen. I’ve certainly never heard of it or seen it happen.
Hoarder I have a friend who is a hoarder he just got evicted and lost his hoard now he is very depressed. He keeps talking about all the "Good stuff" he lost. Now he is living in his car him and I took two different paths in life 40 years ago I got a good job and saved he always lived for today and didn't save a penny for tomorrow.