How UGLY could this home really be?

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394

Who wants to go inside to tell me? Today we dive back into the world of Bank Owned Homes. I was assigned this rural bank owned home from a national bank. Upon heading out there, the yard was over grown. There was an old car in the side yard that most likely has not moved since the 90's.

 

Most people may get scared at this sight. I get excited. I know it means an opportunity for a cash contractor to come in, buy it at a good price, fix it up and give it back to me to sell. 

 

This home was like no other. The front door was ajar. There was no footprints in the lsnow that has fallen the last couple of months, so I knew it was empty. The pipes had frozen and the home was full of frozen debris. The possessions left behind had long been tossed around and sifted through. The fleas were frozen and signs of mice long scurried into winter hibernation. A neighbor came by to see what I was doing and told eme the story that they could not sell it and gave it back to the bank.

 

 

IN THE END I got the interior pictures taken. Made lots of notes and prepared the estimate of repair. The home will soon be on the market and be sold. Come spring the home will rise back to it's former glory. It will be completely redone and welcome a new family.

 

There is a market for all properties and the previous agent whocould not sell the listing was short sighted.  Only if the former owner contacted me first they could have avoided foreclosure and left with some money from a sale. A listing agent as to look at it from all sides A home that needs work does indeed have potential buyers waiting. The difference is I wait for no buyer, i go find them. If you have a home in need of lots of repair, there is help available to get it sold.

 

The MOST IMPORTANT message I can share is that all agents are not created equal. The choice of an agent does matter. Hire the agent that will work for you through each step of the buying or selling process. 

 

I now share with every consumer that my philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. Those that hire me, find a dedication like no other.

 

To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .

 

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 32 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties. 

 

    

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New Hampshire Hillsborough County Goffstown
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Rainmaker
3,480,694
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Scott - one person's ugly can be another person's potential.  So many properties, even more possibilities...

Jan 14, 2020 06:30 AM #1
Rainmaker
3,746,860
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Scott. Yep, that is a pretty ugly property but will soon be a home again.

Jan 14, 2020 06:35 AM #2
Rainmaker
1,048,903
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Can you share the effect of clean up interior photo? Thanks

Jan 14, 2020 06:39 AM #3
Rainmaker
3,282,600
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Scott... no doubt this gives ugly a whole new meaning. Then again, there's a lid for every pot!

Jan 14, 2020 06:47 AM #4
Rainer
20,056
RE Virtual Solutions
RE Virtual Solutions - Saint Charles, MO
Virtually helping real estate professionals.

Judging by the wall it appears this may be a log home. I can't imagine how beautiful it will be once it is restored to its former glory.

Jan 14, 2020 07:09 AM #5
Rainmaker
769,582
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

HAH! Love it. There's one bank I work with on res REOs . . . last year we had one up in a more rural area of our County. It looked like that and worse . . . the trashout folks came in to clear the place and it had not just mice but SNAKES! LOLLL
So pest control/trappers had to come in before anyone could/would do anything else . . . once it hit the market it was gone in days . . . 

Jan 14, 2020 07:35 AM #6
Ambassador
4,018,974
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Scott- there is a buyer for every house!  Sellers who are having a problem should contact you if they need assistance. 

Jan 14, 2020 05:24 PM #7
Rainmaker
2,635,302
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

The log walls tell me this was likely a delightful home at one point. Once the trash is vacated and the right buyer comes along who can deal with any structural flaws it has gained, it likely can be again.  

Jan 14, 2020 05:57 PM #8
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The cash buyers are going to LOVE this one Michael Jacobs 

Jan 16, 2020 05:38 AM #9
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It sure will Sheila Anderson. I actually like seeing them like this that way when they are renovated, the comparasons can be jaw dropping  

Jan 16, 2020 05:39 AM #10
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I sure will Sam Shueh  . Most of the cash buyers purchase from me and then after fix u p give back for me to sell. I cant wait to see this one all redone 

Jan 16, 2020 05:40 AM #11
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

This was the ugliest listing i had in a while until yesterday, then i got one that topped this Nina Hollander 

Jan 16, 2020 05:41 AM #12
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It sure is RE Virtual Solutions and it sits in a wooded setting with nothing to see but lush trees.

Jan 16, 2020 05:42 AM #13
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It is the chain of life Candice A. Donofrio as the trash brings bugs, bugs bring mice and mice bring snakes. I am happy though that snakes are minimal here in NH.

Jan 16, 2020 05:43 AM #14
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It is always nice to help a seller out Kathy Streib , many sellers get under their home and dont realize there is help. Many seller walk away with a big check when they thought they would get nothing and just give the home back to the bank. 

Jan 16, 2020 05:44 AM #15
Rainmaker
3,082,163
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Many investors love the trash as it scares away the newbies they tell me Myrl Jeffcoat . It will shine again soon

Jan 16, 2020 05:45 AM #16
Rainmaker
5,584,289
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Your photograph reminded me of many of the foreclosures that I have previewed. Investors love these opportunities.

Jan 16, 2020 06:51 AM #17
Ambassador
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Scott:

The bank definitely picked the right person to list and sell this property. That photo certainly tells a story. Hopefully there aren't too many surprises that are hidden!

Jeff

Jan 16, 2020 09:16 AM #18
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One of the Manchester NH's area Leading Agents
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