abandoned, empty properties

[LaBlanca Ponder]

Ive seen alot of empty houses that have these big bright orange/yellow stickers on the door or window...not sure what they say but what does that mean? do they have some type of code violation or something against them? are these a good idea when it comes to wholesaling?

[Jim Wineinger]

First step to know what they mean is to go and read just what they say.

Some may be REO's with bank or "asset managers" contact numbers and the building enforcement of the city/county dept wont know anything about that.

The sticker will also give you some indication of why it is there. It could also be an auction notice.

Several possibilities here, go read the sticker and find out what it says.