Seems today, every phone call from a buyer is looking for foreclosures. They are everywhere so it isn't hard finding them a few to look at. Do you ever think about the dream that ended when the previous owners lost the house we are showing? When you go into a room that some little one was so excited to have their first room and being able to make their own only to have it snatched away? Seems everyone is so caught up in the low prices of a foreclosure, they don't always think about the family that lost the home we are looking at. I know foreclosures are part of our world now and will be for years but let's not forget the good people that it didn't work out for. In the tough economic times it could happen to any of us and think of how we would feel if someone was buying the dreams we lost. Something to ponder the next time we show a foreclosure. Best of luck in all you do and thanks for reading.
Great post but let me play devil's advocate for a second. How about all the homes that a "destroyed" by the previous owner? I hardly see any homes that have been foreclosed on that do not have holes in the walls, fixtures ripped out etc. What do you think when you see this?
That is definitely the side of it that most forget when they are searching for that "steal".
Strangely enough, I haven't really thought of it that way! In a good way, I will be haunted by your words today while participating in an open house of a foreclosed property. Like the perspective and appreciate the post!
As an appraiser, I have viewed properties in the various stages of foreclosure. Building on Randy's Post, I have seen homes with personal items left behind which tear at one's heart. Children's toys, clothing, and old photo albums which meant so much more to their owners than anyone else - but left behind due to their questionable housing future. I've seen the damaged homes and ones that were broom-swept for the next occupant. I believe there is a group in our society which rents houses and apartments with no intent of making the second month's rent. But I do not believe anyone buys a home intending on being foreclosed. I could write a book on the horror storied many owners have gone through with lenders doing everything possible to retain their home only to have the lender pull the rug out from under them. At some point, I can understand that frustration being taken out in the only way available and that is the house. We should all follow Randy's lead having empathy towards the previous owners because we really don't know what they have gone through.
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Randy Ostrander
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Author Bio: Randy Ostrander, Broker/Owner of Lake and Lodge Realty in Big Rapids, MI covers all of West Central Michigan. He does work weekends so he can be there wheneve you are ready to handle all of your real estate needs.
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