Evicting residents after buying at auction

[Chris Calabrese]

I'm getting ready to start bidding on houses at the courthouse auctions to add another weapon to my arsenal. I've been to several in different counties and am familiar enough with the process to feel comfortable bidding. My biggest concern is having to remove the former owners from the house. I know if you can't get them out, you can get the sheriff involved, but does anyone have some suggestions on how to make this process easier?

[Brian Levredge]

Depending on how much the place is worth, several hundred to several thousand dollars will usually do the trick. When you factor time into the equation then it also becomes the cheapest alternative as well. An eviction resulting from a foreclosure is not exactly an exact outcome. We once had a lady produce a falsified lease ($1000 below market no less) for a condo that her ex husband had lost. This went to trial and cost several thousand in attorney's fees and took about five months to resolve.