So I recieved an REO listing yesterday and went to go check the occupancy to find a car in the driveway, a dog in the backyard and furniture in the home. I suppose the home is occupied.
I went back to the house today to see if I could get the occupants interested in signing a cash for keys agreement. Fortunately for me I arrived just at the same time that the occupants were pulling up. They were pulling into their garage so if I wouldn't have came at that precise time, I wouldn't have been able to tell if they were home or not. Anyway, I pull up and to my surprise (NOT! their names were Santiago and Candelaria) they "said" they didn't understand English. Convenient I suppose. Anyway, I tried to explain to them that I was the listing agent representing the bank that was now the current owner. I was offering them $1500 if they were out of the house in two weeks.
After repeating myself a couple of times the young teen son came out to interpret. Apparently they have a meeting tomorrow with some sort of agent/investor/who knows? I wasn't clear if the agent was planning to do a short sale, take over the deed or what, but the occupants seemed sure they weren't supposed to be moving out.
I gave them my card and told them I would be back the next week. I told them I would be happy to help them by paying them the $1500 cash to move out otherwise the sheriff would be out to evict them and no cash would be given.
In a way, I feel like I am helping these people. More than likely this part of their life (owning this home) is over and they need to prepare to move on to the next part of their life. Its an honest way to look at it. Trust me, I know what having hard times can be like and I don't wish it upon anyone, but I do feel like I can possibly help them if it gets to that point.