Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

36
Posts
4
Votes
Gainet M.
  • Philadelphia, PA
4
Votes |
36
Posts

Purchased property from an Auction with need help.

Gainet M.
  • Philadelphia, PA
Posted
Two months ago I purchased a house from auction.com the person who lost the property still has there belongings inside but do not reside there. I need to start renovating, what should I do? Any recommendations would help, thanks. Any recommendations would help, thanks.

Most Popular Reply

User Stats

2,283
Posts
6,908
Votes
Brian Burke
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
6,908
Votes |
2,283
Posts
Brian Burke
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
Replied

@Gainet M., whatever you do, don’t follow the above advice that you can do what you want with the former owner’s personal property. I suspect that in most states that is absolutely not true. Check your state laws carefully.

You need to get competent legal advice on how to proceed. First there is the issue of gaining possession of the property (no, just buying it doesn’t mean you can take possession and change the locks!).  Details are important.  Can you tell if there is food and clothing in the residence?  If there is no bed, refrigerator with food, a bed, then there’s no way to “live” there and you might be able to take possession of the residence and change the locks. Or you might need to post an abandonment notice and wait for a period of time before taking possession. Or you might need to file an eviction and wait to get possession until the sheriff delivers possession after a judgment. Follow your lawyer’s advice.  If you do it wrong you could get sued. 

Once you get possession, you still have to deal with the personal property. Your state might have a value threshold such as $500 or $1,000 where if the stuff is worth less than the threshold you can trash it or convert it to personal use. But if it is worth more than that amount you have to follow a process as outlined in your state’s law which could include sending notices and holding a public auction. Follow your lawyer’s advice carefully here, too, and be sure to document what is there with an inventory list, photos, and video.

Loading replies...