All Forum Posts by: John Kilhafner

Thanks for the replies and help, after talking with them and the explanation of the eviction given I've decided to rent to them.  The tenant without the eviction could afford the property on their own if needed. So we shall see if this comes back to bite me later or not.  

So this is my first application that has had a eviction on their record, its a couple that are applying together for a house.  One had an eviction on their record 5 years ago and the other has nothing bad on their report.  Trying to get some opinions on what to do in this situation, the applicant that has nothing on their record is the primary earner in the relationship.  Already reached out to their previous landlord and waiting to hear back about their payment history.  

Yes, it was on Hubzu or Auction.com, can't remember. 

@Simone Litsch Yes, I posted above what happened with it.  We were lucky and they left on their own after a couple weeks. 

@Simone Litsch, From what I was told by the sheriffs office is it would be treated like a normal eviction and take about 30 days. Maybe counties have different laws, but what I explained to the people living there was that an eviction on their record could cause them trouble to find a place to rent and the best option was to avoid that. Alost all management companies in the area will not rent if you have a eviction, so if they are going to need a place to rent they would be smart to just move about before the process goes through.  

@Chris Seveney We were able to get the tenants out without going through the whole eviction process.  What we did was get in contact with them (Which wasn't easy) and let them know the situation.  At the same time I started the eviction process through the county just incase they wouldn't listen to reason.  From what I was told it would be the same process as a normal eviction and take about 30 days.  We were lucky and they moved out after a couple weeks and let me know the last day they would be there and left the door unlocked. Went over there and changed the locks that day.  Almost done with the property and putting it up for rent. 

Thank you all for the replies, I close tomorrow on the property and have done some research on the property already.  Going to reach out to the owner and see what their situation is, looks like it take up to 30 days to evict the previous owner (if needed).  The tittle and liens will be able to be reviewed before sending any money over, so that helps.  Definitely a lot of variables when it comes to purchasing a auction home, hoping for the best.  

Bidding on a bank forclosed property and was wanting any information on steps to take before closing on property.  The property is occupied, so I know I'm going to have to go through the eviction process (in Illinois).  Looking for any advice or information I can get from people that went through a occupied - auction - forclosure.  Thanks. 

Update: We have a tenant moving the day the other tenant is moving out, the nephew is taking the apartment and taking lease over from aunt.  Worked out well, we will see how the new tenant works out.  Still need to update lease with verbiage on "Early termination".  

Can I report a loss for a property I haven’t rented yet because I came across items that had to be fixed ? This property is just now being put up for rent almost a year later because of items that came up and slow contractors.