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Keep this in mind when seeing a foreclosed home

By
Real Estate Agent with Your Castle Real Estate

As investors we face a number of very real and very scary challenges. Making sense of this market is no mean feat and one has to be very careful with his or her investment. However, we usually think about danger as financial. Unfortunately, on rare occasion it can be even worse than that. The majority of the homes investors are buying these days are vacant and once in a while people break in and live in these properties illegally.  The last thing you want to do is walk in on someone camped out in a house, perhaps conducting illegal an activity.      This is no joke, you want to be HEARD when you walk into a property that is supposed to vacant. So make a lot of noise when you're at the front door. I always knock loudly before entering.  Stomp your feet a little. Yell "Hello!" a couple of times. When you start walking down into the basement repeat the process.  The goal is to have whoever is inside hear you and not panic and do something stupid.  I hope you never need this advice, but keep it in mind the next time you visit a foreclosed home.

Comments (7)

Mark Beyerle
Your Castle Real Estate - Denver, CO

Everyone benefits from information like this.  Investors, Realtors, Homeowners all need to have info like this, especially in rough times like the ones we are going through now. 

Nov 02, 2008 02:52 PM
Ben Dorland
Porchlight Real Estate Group - Denver, CO

Make sure that if you are alone that you go in the midddle of the day, have some type of protection (Mace) and your cell phone.  Take as many precautions as you can.

Nov 10, 2008 10:35 PM
Gene Elzenberger
Your Castle Real Estate - Denver, CO

Safety, Safety, Safety..... we must always be aware of our environment and if something does not feel right trust your intuition and get out.

Nov 11, 2008 10:37 AM
Lori Erickson
Your Castle Real Estate - Greenwood Village, CO

We definitely need to keep this information updated and get it out there.  These maps along with our presentations help everyone make more informed decisions.

Nov 11, 2008 10:43 AM
Brian Evins
Your Castle Real Estate - Littleton, CO

Safety is always number one.  If you go alone make sure someone you know can expect to hear from you by a certain time.  Sometimes these neighborhoods are very rough.

Nov 11, 2008 10:48 AM
Demetri Fefes
Your Castle Real Estate - Denver, CO

I could not agree more.  Your safety and your clients safety always need to remain number one.  Take precautions and stay safe out there!

Nov 11, 2008 10:54 AM
Riley Floyd
Your Castle Real Estate - Lakewood, CO

I do know that there are some self defense classes designed just for Real Estate Agents.  We need to keep an eye out for any suspicious activities and report them

Nov 11, 2008 11:00 AM