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Updated over 5 years ago, 02/28/2019
The emotional side of foreclosures.
Hey guys,
I’ll share more about my first deal and how I found myself here in another post, but I wanted to make a specific post about something that’s been on my mind.
I work with a partner (he has the money, I have the time and hustle) and our niche is sheriff sales. I’ve had a particularly challenging first deal. The owner did not vacate after the redemption period (2 months here), OR the 3 day notice, OR the date set in the eviction hearing. We are physically removing him tomorrow. I did everything I could to help this man and he more or less lied and strung the whole thing out. Our next property is also currently occupied, but I’ve managed to remain faceless and nameless so far, so hoping for less drama and heartburn.
While scoping out a potential property today, I noticed a child in the window as I drove by. As I type this the image makes my eyes water. Thinking about the possibility this kid and his family could be homeless in a few months. I can’t help but feel somewhat heartless looking at this home as a commodity even though someone’s going to get it one way or the other.
To the others out there that deal in foreclosures (specifically sheriff sales or pre-foreclosure), do you have any advice on ways I can help these people or ease my conscious? Should I make it my concern or just consider this business and be satisfied I can create a comfortable home for someone else?
Sincerely,
Garhett