Verification of Occupancy with Bank Owned Properties

    Well, let it not be said that my Law Enforcement Background does not help with the Verification of Occupancy Step when it comes to the Bank Owned properties that we are assigned.  Personal Service Guaranteed 🙂 – A Quick note, the banks we work with in the handling of their Real Estate Owned Inventory hired Paris and I.  It was our Resumes and track records that were looked at, not our assistants or our buyers agents. For all phases we find it paramount that we are the ones that directly handle each Bank Owned Asset which is Granted!

    17 years with the LAPD and my current Reserve Officer Status, don’t hurt one bit.  In fact, I have been able to save some from “harms” way.  When the attorneys office sends out the “process server” to post on the door of an occupied foreclosure, I have been able to give the “heads up” when it comes to hostile tenants.

    Several months ago, I am glad I did, because the attorney handling the eviction, replaced the 68 year old female they usually use to post the “eviction notice”, with a male in his mid 40’s. I’m not being sexist with this story, as the younger male was still assaulted, but the sheriff’s had been put on notice.  So their response was very quick before it got too far.

    When I go, I want to make a note of the cars at the location, the licence plate numbers and speak with the neighbors before approaching the residence that I am verifying.  I go as far as checking with the utility companies and seeing if the services are turned on and active.  I am also going to check the Multiple Listing Service history by the specific address, it could be currently, or could have been, listed as a short sale etc.

    I will pull title, utilize Google Maps and see if there is a “street view” for the location and more.

    Just like with a normal seller or buyer, we do the “same day service thing”.  The banks and their assets are no different.

    Besides, the Asset Managers have a hard enough job, they should be dealing with Professionals.

    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

    One Response to “Verification of Occupancy with Bank Owned Properties”

    • Better Business

      Written on

      If you wish for to increase your knowledge simply keep visiting
      this website and be updated with the newest news update posted here.

    Comments are closed.

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)