Looking for advice on eviction sale for next week, 8/10/2022

[Rob Pattison]

I foreclosed on a non-performing note I bought 2 years ago and now own a house in the Ferguson area of St. Louis, zip code 63135.  

The former borrowers, now unauthorized occupants have a lock out date from the sheriff for next Wednesday, the 10th.   I want to sell this house "as is", prefer cash.    Here are my questions:

1.  I've insured the house for $80k, including for liability.  Should I offer the occupants cash-for-keys not to damage the property on their way out the door?

2.  On the lock-out date, next Wednesday, I plan on having a locksmith there at the same time the sheriff arrives, as well as someone to appraise the property inside, check for vandalism and secure against squatters.

3.  After the above transactions, I'd like to then have potential investors / buyers walk the property, make me a cash offer, and I'll accept one of them.

4.  I don't believe I need a realtor for this transaction as I don't need to find buyers, I'm already getting postcards from people interested in buying.   I'd like to just pick a title company and have them run the transaction and save me 6%.

I'm interested in feedback.

[Sergey A. Petrov]

Seems like it might be too late for the cash for keys approach if you already went through foreclosure and had to get the Sheriff involved. It is either already damaged or will get damaged regardless of your cash offer. When was the last time anyone saw the condition of the interior?