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#325407 - 02/03/10 07:30 PM My First REO Listing !
Oli Offline
Member

Registered: 11/01/07
Posts: 297
Loc: North Carolina
I'm headed out to do a occupancy check tomorrow morning. Any advice would be great.

This is from SS.


Edited by Oli (02/03/10 07:31 PM)
_________________________
There are no shortcuts to any place worth going. (Beverley Sills)

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#325409 - 02/03/10 07:35 PM Re: My First REO Listing ! [Re: Oli]
Grampa Offline
Major Contributor

Registered: 06/30/09
Posts: 2255
Loc: Margaritaville
Check with the utility companies to see if the power/water have been off for a while. If you can not see inside look for things like phonebooks at the door. Talk to neighbors. In FL they are your best source of info but expect to chit chat for a while as they have nothing else to do. Read your assignment as to what their threashhold is for value of any Personal Property left behind is.

If utilities are on you can expect it to be occupied. If so, find out what, if any, CFK they are offering so you know what to tell them. VERY IMPORTANT Read in your assignment what to do if there is a tenant. The rules changed on tenants.

Congratulations and Good Luck. smile
_________________________
"Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind."
Dr. Seuss

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#325412 - 02/03/10 07:41 PM Re: My First REO Listing ! [Re: Grampa]
AliceInReoLand Offline
Veteran Member

Registered: 09/28/07
Posts: 1166
Loc: Land of fruits and nuts.
Awesome Oli! Congrats! Expect to pull out your hair! Make sure you do everything on time and do it accurately. Well done!
_________________________
Warning: Heavy Saracasm MAY be present. Proceed with caution.

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#325413 - 02/03/10 07:42 PM Re: My First REO Listing ! [Re: Grampa]
Oli Offline
Member

Registered: 11/01/07
Posts: 297
Loc: North Carolina
Thanks for the heads up Grampa. I'll be sure to read all the docs tonight before I go.
_________________________
There are no shortcuts to any place worth going. (Beverley Sills)

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#325414 - 02/03/10 07:45 PM Re: My First REO Listing ! [Re: Oli]
Don Price (Pine) Offline
REO-BPO-R.E. Mod
Major Contributor

Registered: 03/12/08
Posts: 3272
Loc: Pinehurst, NC
Oli - Congratulations Bud - someday let me know where you are located - PM if you want wink
_________________________
Donald Price (Don)
Pinehurst, NC 'America's Home of Golf"

Pinehurst Real Estate | REO-BPO-Brokers.com | Blog | Join active|rain | Twitter | Facebook


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#325415 - 02/03/10 07:45 PM Re: My First REO Listing ! [Re: Oli]
Doin' bpose Offline
Major Contributor

Registered: 01/26/09
Posts: 2961
Loc: Old Dominion
If you are not sure if someone is there, leave a 'tell' taped to the door. A card or a note. Come back in a day and see if it is still there.

I was having trouble one time, I taped a no tresspassing sign on the door. That got them to call me. It went fine after that.

Nothing more exciting than a new listing. Good job.

Take pics too.
_________________________
Trust your Maker. Watch your manager.

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#325421 - 02/03/10 07:58 PM Re: My First REO Listing ! [Re: Doin' bpose]
Oli Offline
Member

Registered: 11/01/07
Posts: 297
Loc: North Carolina
I just got off the phone with the power company and the power is turned off. They could not tell me when it was shut off but it is not on now. I hope that is a good sign that it is empty.
_________________________
There are no shortcuts to any place worth going. (Beverley Sills)

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#325424 - 02/03/10 08:05 PM Re: My First REO Listing ! [Re: Doin' bpose]
Peace ☼ Offline
Member

Registered: 06/29/07
Posts: 478
Loc: Chicago
Congrats on your first listing!!! You can also do a reverse address search on white pages to see if there are any active phone numbers.

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#325427 - 02/03/10 08:19 PM Re: My First REO Listing ! [Re: Peace ☼]
AliceInReoLand Offline
Veteran Member

Registered: 09/28/07
Posts: 1166
Loc: Land of fruits and nuts.
If all else fails...wait for the school bus.
_________________________
Warning: Heavy Saracasm MAY be present. Proceed with caution.

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#325431 - 02/03/10 08:29 PM Re: My First REO Listing ! [Re: AliceInReoLand]
RealBoots Offline
Member

Registered: 01/26/08
Posts: 405
Loc: Wild or not Wild ,East or West...
Or pay local thief to break in and then wait few days and see if it shows in local newspaper police section...

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#325433 - 02/03/10 08:30 PM Re: My First REO Listing ! [Re: AliceInReoLand]
JaxBPO Offline
Member

Registered: 01/04/10
Posts: 105
Loc: Jacksonville, Florida
Or you could always just do a stakeout for 48 hours. Make you feel all Private-Investigator-ish.

But in all seriousness, congratulations!

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#325452 - 02/03/10 09:21 PM Re: My First REO Listing ! [Re: JaxBPO]
Grampa Offline
Major Contributor

Registered: 06/30/09
Posts: 2255
Loc: Margaritaville
By the way sometime within the next year you will ask yourself "Why did I get myself into this". smile

Kiss your life as you knew it goodbye.

I am also very happy for you and hope this brings hope to the other aspiring agents out there. NEVER give up regardless of what anyone else tells you. You earned it.
_________________________
"Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind."
Dr. Seuss

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#325458 - 02/03/10 09:42 PM Re: My First REO Listing ! [Re: Grampa]
REO4freedom Offline
Member

Registered: 04/27/09
Posts: 409
Loc: So Cal
Congratulations Oli on your first listing! Welcome to the world of REO Madness!

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#325459 - 02/03/10 09:47 PM Re: My First REO Listing ! [Re: REO4freedom]
BoneFish Offline
Veteran Member

Registered: 11/09/08
Posts: 550
Loc: REO - Capital of the World
welcome aboard the ss.reo


misery loves company …

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#325460 - 02/03/10 09:47 PM Re: My First REO Listing ! [Re: REO4freedom]
ColoBroker Offline
Major Contributor

Registered: 11/03/07
Posts: 2335
Loc: Northern Colorado
No power is a good sign. Unless you want the CFK experience. Congrats
_________________________


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