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A day I hope I don't ever relive...

By
Real Estate Agent with Coldwell Banker Elite 0225076067

I've been doing REO properties for a little over a year now. We have approximately 80 in our database and even represent one of our banks in their out of state by referring those properties to other Realtors. I love my job and couldn't imagine doing anything else. And then yesterday happened...

 I had this property rekeyed and showed up yesterday morning to see the damage, I was told from the friendly locksmith it was damaged severely. As I drove up I saw couches from the 70's thrown outside, lots of trash and debree, a typical day as the "foreclosure specialist" in the area. NO problem right? Well, I opened the lockbox and preceded to walk into the home and much to my surprise we found...strange drugs, can't go in. For those who don't know, and believe me, I didn't know either, this is very dangerous and hazardous. I walked right past not realizing, I had my business partners scarf over my face to try to rid my nose of the severe odor. We looked at the rooms, the haggard flooring, busted walls and came back to the living room where we stopped. Looked at each other. And ran like we hadn't in a very long time. I felt as though I was on an episode of Law and Order.

 The saddest thing by the way, was all of the children's pictures, clothes and toys left in the home. Yes, I said children, small children for that matter.

 I don't know if others do, I know I do get criticized. "How can you do this job? These houses had hard working Americans that lost their homes to layoffs!" My response typically is someone has to do it. This is my career and I take the most sincere approach in helping owners and tenants still living in the home. I try to work with the bank to stop from the foreclosure from happening."

 After my experience yesterday, I went home, took a shower, kissed my children and my hubby and prayed. I  don't do that everyday. I can not imagine living that life, and I often forget even in this tough market how lucky we are. As for the foreclosures, I have more appreciation in my partner, my self and all the other REO agents that are working this market. It's not as easy as our competition and critics like to assume.

Posted by

Melissa Stewart

Licensed Realtor in the Commonwealth of Virginia

Coldwell Banker Elite

(540) 809-4547

www.mykinggeorge.com

Heidi HomFeldt
Long and Foster Realty, Inc. - Fredericksburg, VA
And we made it through!!!! NOT going back to that one!! Have we made any progress on that one yet?
Jan 11, 2008 04:42 AM
Melanie Ross
Coldwell Banker Solano Pacific - Benicia, CA
Benicia CA & Vallejo CA Real Estate, 707-319-2828

My partner and I have not come across that yet.  We just rekeyed a home this week and the bedroom had what it appear to be "tagging".  Not being educated on what stuff means, it could be a gang symbol.  The house was pretty trashed to begin with.  I recommended to my partner doing the BPO to ask for the wall to be painted a color, any color.  It may scare people off to see it.  It could be harmless but why take a chance?

Jan 11, 2008 12:17 PM
Jeffrey Dolfinger
24/7 Realty Inc. - Poughkeepsie, NY
NRBA Member
That homes sounds bad, maybe a meth lab I guess.  Most of theose chemicals leach into the walls and the home has to be condemed.  you might want to call the local police before the cleanout guys come and someone gets sick!
Jan 11, 2008 01:26 PM
Melissa Stewart
Coldwell Banker Elite - King George, VA
Your King George Realtor!
Melanie, I've had about 80 foreclosures at a time, probably around that same number right now, that seems my average these days. I typically close 7-9 a month and I will tell you if you have a bank that will pay to have minor things fixed, paint, carpet cleaning, plumbing, etc. you are SO FAR ahead of the game!! This is the reason I get most of my homes sold! Best of luck!!
Jan 11, 2008 01:44 PM
Melissa Stewart
Coldwell Banker Elite - King George, VA
Your King George Realtor!
Yes Jeff, you hit it dead on, and I was just sick about it. I only got a clue because of a law and order svu show I watched a few years ago. It was scary, I've seen needles, drugs, maggots, roaches, termites, bed bugs, I mean I've seen it all. This was truly a humbling time for me, to think of the children that lived there, the neighbors, etc. it was truly sad. And yes, I have taken care of notifying authorities as I was advised of the chance of someone getting ill. Craziness!! Thanks for your advice!!
Jan 11, 2008 01:47 PM