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Old Locks = House Party

By
Real Estate Agent with Hansen Real Estate Group Inc.

Last Friday my clients closed on a beautiful short sale.  Unfortunately changing the locks was not at the top of their list since they were not moving in right away.

I always advise my clients to change the locks after closing because you never know who has a key.  In the case of these buyer's the previous owners son still had a key and was unaware that the property had been sold.

Thinking his parents still owned the home he decided to throw a huge house party, DJ and all.  The neighbors called the police on the 30-40 party goers, but since the young man had a driver's license with that address the police did nothing.

The next day my clients received a phone call from the HOA president notifing them of the incident.  It appeared the son didn't want his parents to find out about the party and the house was spotless.  This situation could have turned out much differently.

This is a reminder to change your locks immediately after closing.

Posted by
About the Author:
Michelle Gibson is a full-time Realtor with the Hansen Real Estate Group Inc. She has been specializing in residential real estate throughout Palm Beach County Florida since 2001. Specific areas of expertise include; Wellington, Lake Worth, Royal Palm Beach, West Palm Beach, Boynton Beach, Loxahatchee, Greenacres, Lake Clarke Shores, Palm Beach Gardens, Jupiter, Delray Beach, and Jupiter.
 
Whether you're looking to buy, sell or rent Michelle will be able to walk you through your entire real estate transaction from start to finish.
 
Connect with Michelle:

Mike Henderson
Your complete source for buying HUD homes - Littleton, CO
HUD Home Hub - 303-949-5848

Great blog and post.  This is an absolute must to do with every closing.

Nov 17, 2009 04:28 PM
Jenny Durling
L.A. Property Solutions - Los Angeles, CA
For Los Angeles real estate help 213-215-4758

That's the first time I've ever heard of anything like that!  I always tell my clients to make sure they change the locks but I think I'll be telling your story a few times along the way now!

Nov 17, 2009 04:44 PM
Jeffrey Burnham
Choice One Properties & Mgt - Las Vegas, NV
The Wizard

Man, I wasn't invited to the party.....lol.

Jeff Burnham, Rosen & Co West, Las Vegas NV

Nov 17, 2009 04:49 PM
Anonymous
Amanda Alligood

Wow!  Sounds like some party!  Glad the story has a good ending because now you can share with others.  Changing your locks now can save a lot of headache later.

Nov 17, 2009 11:46 PM
#52
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Linda - If he didn't clean up his parents would find out, which they did anyways because we notified them.

Inez - Everyone should

Jirius - I hope so because you never know who has those keys

Mike - I agree 100%

Jenny - I'll be telling it too hoping it will become a priority for buyer's

Jeff - Neither were the new owners, I told them they weren't even invited to their own house warming party.

Amanda - Yes it did and I'm shocked college students were that respectful and no damage was done

 

Nov 18, 2009 12:50 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Your clients did get very, very lucky. It isn't worth it not to as it only takes maybe $20 and an hours time to change all the locks on a house and you can do it yourself. Their delay could have cost them thousands, I'm just glad it turned out well, but it certainly could have been bad!

 Todd Clark - www.LivingBeaverton.com

Nov 18, 2009 11:28 PM
Paul Francis
Francis Group Real Estate - Las Vegas, NV
Las Vegas Real Estate Agent - Summerlin Homes

Rule #1 when having parties... Always invite the neighbors so they don't call the police!

Nov 18, 2009 11:31 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Todd - I completely agree and I think telling future buyer's this story will motivate them to change the locks immediately.

Paul - You make a very good point

Nov 18, 2009 11:43 PM
DeAnne Davidson
REMAX Professionals, Tacoma Washington - Lakewood, WA
GRI, CIAS, SRES - Washington State

GREAT Story to use to make an impression on excited buyers.

Nov 19, 2009 01:49 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yikes, what a break that the son was a decent kid.  I always advise it but with REO's you just don't know who still has a key.  My last foreclosure, 'someone' changed the lock and neither the asset manager, listing agent, or condo assn knew who did it.  They just happened to forget about the back door and we got in that way.  That was that buyers #1 thing to do.

Nov 19, 2009 03:19 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

DeAnne - I don't recommend sharing this story with excited buyer's, only excited new home owners. 

Lyn - I think buyer's who purchase a REO are much more motivated to change the locks, but no matter what type of sale it is the locks should be changed right away. 

Nov 19, 2009 07:09 AM
Donna Sweeney
Traverse City, MI

That is funny only because there was no damage and nobody was home.  I moved around with the military 12 times in 26 years.  I always changed the locks.  I even added bolt locks at my own expense to government quarters.  You can never be too careful when it comes to safety.

Nov 19, 2009 01:10 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Donna - You are absolutely correct

Nov 20, 2009 01:03 AM
Mark Velasco
West Shores Realty - Whittier, CA
Top Producing Broker Associate

Funny Michelle. It could have been a bad situation. Since it was okay in the end...it is very funny.

Nov 20, 2009 12:04 PM
Joy Carter & Jeff Booker Brother and Sister Team
Keller Williams Parkland/Coral Springs Realty-GreatFloridaHomes Team - Coral Springs, FL
Trust Your Family's Move To Our Expertise!

After 25 years in this business and many many mistakes in gift giving.  I gave wine to an AA member and candy to a diabetic to name just a few.

Then we gave return address stamps to make all of the changes to bills and subscriptions.  Got ripped off by that supplier, but so much is online now, that it isn't as pertinent anymore.

Finally landed on the idea of paying a locksmith to re-key the locks.  We negotiated a slightly better than average rate because they get regular promotions from us on each closing.

This makes us feel better that we are assisting in making it THEIR HOME.

So happy to hear that your story had a "Relieved Ending".

Nov 22, 2009 01:16 AM
DEBORAH STONE
Balboa Real Estate San Diego, CA - San Diego, CA

Joy & Jeff-

Great closing gift idea!

Nov 23, 2009 11:13 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Mark - We did laugh about it after the fact and I'm sure it will be a running joke for many years to come.

Joy & Jeff - That is a great closing gift

Deborah - I agree

Nov 24, 2009 08:05 AM
Beverly of Bev & Bob Meaux
Keller Williams Suburban Realty - West Orange, NJ
Where Buying & Selling Works

There are soooo many ways this could have gone wrong, and your story is well taken. Funny story to tell to break the ice at a dinner party and to get the point across to a buyer. Of course, don't tell the end until after a long pause.

Nov 27, 2009 12:07 PM
Leanne Zumbrunnen
Z Touch Design Services - Lenexa, KS

Wow, this story sounds very familiar but it was well before I became an agent.  My stepson ran away from home for 5 days. He would call us from pay phones but we didn't know where he was (before cell phones).  We found out when a neighbor called saying there were a bunch of police surrounding his mother's home which had just sold (she moved to Hawaii).  All that time he had been 2 miles away staying in the basement of his old home (he slipped in through the basement window)!  I almost forgot about that until I read your blog.  The homeowners didn't press any charges, lucky for him. 

Dec 04, 2009 07:47 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Bev & Bob - I agree

Leanne - Wow now that's a story. My clients didn't press charges either.

Dec 04, 2009 02:01 PM