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#129844 - 03/21/07 04:02 PM
Cash for keys. Question for the ladies.
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Veteran Member
Registered: 10/22/05
Posts: 939
Loc: Placerville Ca
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Maybe this has been discussed before. If so I appologize I could not find anything on search. For the ladies that have to offer cash for keys, Do you take someone with you?
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Margaret Holland Holland Realty Broker
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#129847 - 03/21/07 04:19 PM
Re: Cash for keys. Question for the ladies.
[Re: eldoradosrealestate.com]
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Major Contributor
Registered: 02/08/05
Posts: 2783
Loc: Ohio
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I didn't my on my first one, but after finding out that the guy was a registered sex offender (from a neighbor long after CFK was done) I decided to be more careful in the future. I do take someone now.
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#129851 - 03/21/07 04:50 PM
Re: Cash for keys. Question for the ladies.
[Re: OHAgent]
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Veteran Member
Registered: 10/22/05
Posts: 939
Loc: Placerville Ca
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I have my first CFK to do and did try knocking on the door alone yesterday. No one answered. I could tell someone was peaking through the blinds. Honestly made me a bit uncomfortable and would prefer to go back with someone. Do you just tell them that you are a representative of the bank and have been asked to notify them to vacate?
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Margaret Holland Holland Realty Broker
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#129852 - 03/21/07 05:04 PM
Re: Cash for keys. Question for the ladies.
[Re: eldoradosrealestate.com]
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Major Contributor
Registered: 02/08/05
Posts: 2783
Loc: Ohio
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If nobody answers when I knock, I have a letter that I leave asking them to call me. Most of the time, I actually make my forst "contact" when they call me to find out what they need to do to get the money I'm offering.
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#129863 - 03/21/07 06:11 PM
Re: Cash for keys. Question for the ladies.
[Re: OHAgent]
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Member
Registered: 04/04/06
Posts: 344
Loc: Alabama
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I usually do not take anyone with me. The only time that I do is if I know the area is not all that safe. Most of my Asset Companies have their own forms that I fill in my contact info on and if noone answers then I leave it taped to the front door. I have one property right now that is occupied by a renter who refuses to vacate and it has been on eviction status for about 5 months now.. REALLY getting ill with this lady... She is living there rent free think she is going to give that up... I DO take my husband with me when I have to go to her house...
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Michelle Baker United Country - 4 Oaks Realty & Auction Your REO Specialist!
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#129866 - 03/21/07 06:30 PM
Re: Cash for keys. Question for the ladies.
[Re: eldoradosrealestate.com]
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Member
Registered: 12/28/06
Posts: 104
Loc: illinois
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I always take someone with me. My dad is retired and he loves riding with me to do my bpos, inspections and CFK's. I have run into one too many squatters and irrate homeowners to try to do this without some muscle. Oh and if it is a bad one I carry my 4 cell maglite flashlight with me. LOL
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Crystal
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#129915 - 03/21/07 10:12 PM
Re: Cash for keys. Question for the ladies.
[Re: realtorstw]
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Veteran Member
Registered: 01/11/06
Posts: 690
Loc: Missouri
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Usually, I don't take anyone with me. I do have my pepper spray on my key chain and also have the letter with the tape already on it. I just tell them that the bank now owns the property and they need to contact me if the want some money to help with moving expenses...yada,yada,yada.
Edited by mbrkr (03/21/07 10:12 PM) Edit Reason: typo
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Broker Associate since 1994 REO's and BPO's since 1996
Do not ask the higher power to guide your footsteps if you are not willing to move your feet.
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#129956 - 03/22/07 02:00 AM
Re: Cash for keys. Question for the ladies.
[Re: mbrkr]
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Veteran Member
Registered: 10/22/05
Posts: 939
Loc: Placerville Ca
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My instructions state specifically "do not leave the notice on the door". For those of you that leave a letter, Do you leave the cash for keys agreement, or do you just write something up?
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Margaret Holland Holland Realty Broker
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#130026 - 03/22/07 01:27 PM
Re: Cash for keys. Question for the ladies.
[Re: A & M Team Properties, Inc.]
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Veteran Member
Registered: 10/22/05
Posts: 939
Loc: Placerville Ca
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Thank you all for all the help.
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Margaret Holland Holland Realty Broker
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#269235 - 01/14/09 03:25 PM
Re: Cash for keys. Question for the ladies.
[Re: eldoradosrealestate.com]
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Junior Member
Registered: 01/14/09
Posts: 2
Loc: PA
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I always take someone with me. I'll do a drive-by and then go back later with someone. All of my CFK letters state that the letter must be left on the door. I also leave a letter on the door in bold letters that if I'm not contacted within 24 hours, the locks to their home will be changed. The phone rings every time!
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#269274 - 01/14/09 05:36 PM
Re: Cash for keys. Question for the ladies.
[Re: tinroof]
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Major Contributor
Registered: 08/27/05
Posts: 1620
Loc: Missouri
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I almost always take someone with me. If that is not possible, I tell someone the address and either phone them at a specified time or have them phone me. It has never happened, but if the phone check fails, the police are supposed to be called.
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REALTORŪ, Broker/Salesperson, GRI, ABR REO listing/selling since 2004; BPOs
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#269281 - 01/14/09 06:09 PM
Re: Cash for keys. Question for the ladies.
[Re: LizL]
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Junior Member
Registered: 01/13/09
Posts: 3
Loc: OH
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I have a generic letter that states I am trying to determine occupancy...if I do not get a phone response by xyz date (24 hrs usually) I will assume house is vacant and a rekey will be ordered to secure the home. I also have in there that I have relocation assistance money available for them-just call for details. I tape my business card to that. I have only had one I knew was occupied *not* call me and they ended up vacating a few days later. When you mention money avail...post it and they will call. I don't ever do the C4K offers in person.
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