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REO nightmares

By
Services for Real Estate Pros with Grand Property Maintenance and Repair

These are photos of a 2 bedroom home we recently took over management of.  This 900 square foot home took 4 dumpsters to empty.  Supposedly, there were only 2 people living in this home, a mother and her teenage daughter.

It is extremely depressing to go into some of these homes where it looks like the people left with only the clothes on there backs. 

 

gar

 

 

Betty

Grand Property Maintenance and Repair

Property Preservation and Asset Management

(847) 637-6965

www.grandpmr.com

Show All Comments Sort:
Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Unfortunately it takes money to move. Add this to the fact that the place they were going was at best a guest room in a relative's home...at worst the streets. There are 2 sides to every story. This is the dark side of the foreclosure "deals".

Nov 02, 2008 12:40 PM
Betty Smaron
Grand Property Maintenance and Repair - Grayslake, IL

Vickie,

So true, and so sad.  Unfortunately it's something we see far too often.

Nov 02, 2008 12:44 PM
Tim and Pam Cash
Crye-Leike (Sango) - Clarksville, TN
Real Estate Professionals - Clarksville TN

That is too sad.  It is unfortunate that many simply 'live' in a place and let it go with no regard.

Nov 02, 2008 01:01 PM
TIM MONCRIEF
Tim Monciref - Austin, TX
Over 2,000 homes sold…..

I don't appreciate you taking pictures of my house without my permission!!!!!!!!!!

I have a lot worse stories on REO's......some with sections of the house missing.  Scary business, but you have to look at that business in 10's, as 1 out of 10 will be a disaster and a loss.  i.e. If you are dealing in REO's you are either in it or not.  Don't piddle with it or you will pull your hair out.

Nov 02, 2008 01:01 PM
Patty Carroll
Vancouver, WA

Thanks for sharing the pictures, it is important for us all to remember to put a human face to this tragedy.

Nov 02, 2008 01:03 PM
Peggy K.
Grand Property Virtual Tours - Buffalo Grove, IL
Illinois Virtual Tour Provider and Real Estate Photographer

Wow, that is just hard to believe.  Hopefully you were able to donate some of the items.  Must be a tough job to go and clean up some of those homes

Nov 02, 2008 01:09 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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