Property Access

I was allowed into the odd property today. Boy am I glad I got to go into it. It could be a diamond in the rough. Okay, maybe a quarter in the sand, but still better then I thought. Its a duplex! The way the PR talked about the home a mother-in-law sweet was added to the existing house. Thats true, but the addition is a 2/1 complete with its own kitchen, furnace, water heater, washer and dryer. Its in much better condition then the main house. Seal up the opening between the two and you have 2 2/1 units on 1/2 acre. How cool is that. Not to mention I arrived about 1 hour early (other side of town and I drove there after work). I got a much better feel for the neighborhood. Its kinda an oddball, but there is some money moving in all around with nice brand new props. I have pics. If you want to see it, just let me know. I can send you a link to the photos. Because of the leaches out there, I won’t post it on here.

The property certainly needs work to get to rent-able condition, but I now have a visual. I couldn’t picture what to do with this property before. Hopefully we can work the short sale for this family. Its set for auction in July.

Its a good thing I sent my probate later. It went to the son. No one but me has contacted him. Everyone else is sending their pre-foreclosure letters to the house. The widow is picking up the mail. She mentioned she gets 2-3 per day. I don’t want to race hundreds of others. Ug. She does not have any vested interest in the property. It was a marriage just before he died. The son has all rights. Although they don’t get along well, she was very pleased to finally have someone answering her questions and was more then willing to let me in whenever I want. I just took the sage advice from many before me and shut my mouth. Let her tell her story and make her feel like I am on her side (which I am). She just wants to know whats going on. Thats an easy phone call. I’m on the side of the owners, my goal is to help them get this hair puller off their hands.

I’ll update another property experience soon. Can’t put it all in this post. It was a passer, but a good experience.

Btw, just started listening to “The Magic of Thinking Big” by David Schwartz. Little more then halfway through. So far its been a great motivational book on how to change your thinking. I highly recommend it.

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