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Updated over 6 years ago on . Most recent reply

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62
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Stephen Schoon
  • Concord, NC
20
Votes |
62
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REO/Auction.com occupied sfh

Stephen Schoon
  • Concord, NC
Posted

Quick question for the Dayton crowd:  I'm looking at an auction on auction.com.  The site says the home is occupied. Obviously, if true, that presents a complication. Do you have any experience or second hand stories of how complicated this 'typically' can be in ohio/greene county area?

Thanks!

Steve Schoon

Most Popular Reply

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1,318
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Darrin Carey
  • Lender
  • Dayton, OH
704
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1,318
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Darrin Carey
  • Lender
  • Dayton, OH
Replied

As always, it depends. 

  • Is that status still accurate?
  • If they are there, and cooperative, they may answer the door, and show you around.
  • They also may move voluntarily afterward.

If not, you'll have to do an eviction. Typically takes about 4 weeks to do an eviction, and about $400.

Anecdotally, it seems to be about 50/50 whether you'll need to take the eviction route if they are still there.

  • Darrin Carey
  • Loading replies...