Spring cleanup challenge on a listing in Silicon Valley

By
Real Estate Agent with (408) 425-1601 CA bre 1519182
http://actvra.in/52lJ

                                                                                Sam Shueh

                                                      Realty One Group

                                                        Campbell, CA

 

Not long I ago I had a listing invitation found in my spam mail. Is this a joke? I called the company they stated please accept the offer.  It is not far from my residence. I have been consulted by the lender more than once and I was there shocked at its condition and disrepair.  

 

Among a 3,000 sf  twenty feet tall jumbo sized barn, it packed about 3 feet high with useless trash scattered across the entire 2+ acres yard, all abandoned on premise. Three cars were left. One had no engine inside with an expired 1979 license plate. A few loose tin roofs above 20 ft tall barn were torn and made errie creppy sound when wind was blowing. It felt as if the barn was ready to collapse. The previous owner tried to added two more units and was caught. He went out business. The sound of banging and construction crews must alerted neighbors and the property was red tagged for several code violations. 

 

How am I am able to coup with this trash and able to put it on the market? Do I need to put $15,000 of cleaning and utility bills before I get my investment back months later? Luckily, the seller used a rehabilitation and property maintenance company. I need not to foot the bill. The truck would came once almost daily to haul out trash scattered. I found a lot of  books and tapes checkout from the local library and volunteered to return to the local library. The clerk told me they disappeared 5 to 12 years ago.  

 

Three weeks went by there were two more hoards behind the 3000 sf barn in the massive chicken coops behind the locked doors. The lender was willing to support hauling out. We had fourteen (14) truck loads of trash from broken safes, refrigerators, countless mattress. I suggested a local refuse collection site for them to save the crews time and money. Among others things I found a de-ionized water treatment plant design belonged to someone I know who passed away a decade ago in another town.  This corporation which the water engineered worked sold a street block of a big warehouse contents with everything intacted in 1991. It is not surprising some documents surfaced from the liquidation sale. The previous owner obviously bought office furniture from the liquidation sale with the documents intact.

 

Hauling truckAfter clean up, before was too gross

 

The rehabit team was nice enough to pick up most scattered trash and mowed the 2.5 ac property. I was able to sell it before it was put on the MLS. I got a nice compliment from the auction firm that I went out of my way to discover the redtags and they will use me again. I am relieved when it was sold in a few hours. 

 

SOURCE:  

Snopsis on Mortgage Interest Rate vs Affordability (Silicon Valley affordability)   

How is my Silicon Valley home worth? (Silicon Valley Home Values

Sam Shueh Real Estate Blogs 

Website - Sam Shueh Realtor    SamShuehRealtor at Gmail.com

                                                           (Four O Eight) 425-1601  

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Best Practices
Location:
California Santa Clara County San Jose
Groups:
The Art Of Marketing You
ActiveRain Contests
Inspiration Station
Tags:
santa clara county real estate
silicon valley homes
san jose realtors
silicon valley realtor clean out

Spam prevention
Show All Comments
Rainmaker
2,568,263
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

That is a real definition of "Clean Up" !

Mar 18, 2017 11:25 AM #1
Rainmaker
174,949
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

Amazing what a little elbow grease can do. Congratulations on the quick sale of this property.

Mar 18, 2017 12:17 PM #2
Rainmaker
231,362
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Tough clean up job.  We have had to deal with hoarders in some of our listings - and what a job!! Glad you got it sold successfully.

Mar 18, 2017 12:37 PM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
786,311

Sam Shueh

mba, cdpe, reopro, pe
Ask me a question
*
*
*
*
Spam prevention

Additional Information