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Updated about 2 years ago,
Notes, Foreclosure done, eviction set for next Wed. Suggestions?
Good Afternoon everyone,
I bought a non-performing note 2 years ago in St. Louis, MO. After the statutory-required time, I've foreclosed and now eviction is scheduled with the sheriff for Wednesday the 10th next week.
Here is my plan. This eviction is my first time on this route with a note, and am open to suggestions from people who have taken this road before.
I've coordinated with a business that will provide a locksmith and will put them in contact with the sheriff in order for the locksmith to meet at the same time.
I'm debating on whether to offer $500 to $1,000 through my attorney to the occupant, the former borrower, to remove all furniture and personal belongings and not damage / vandalize the house.
I will have people there to move out the furniture to the sidewalk if the occupant leaves the house a mess.
I will have people there to secure the property against squatters.
I will have an appraiser there to appraise the inside of the house.
Finally, I will have buyers there to look inside and make me an offer. I'm looking for the highest and quickest cash offer.
I welcome advice from anyone who has similar experiences, success, and what to avoid.