CSI Maine Home Sale, What Happened To The Real Estate?
When a Maine real estate broker enters an empty house that looks like Stephen King made a movie there.
He has to wonder what happened here. And no one on the premise to quiz. To interview. Ask questions to put the missing property puzzle pieces together.
So as you look around, sometimes with the buyer on board, together you see patterns. Figure out what happened and why, when. You recognize the causes for desertion. No one home.
No power to a place and lack of fuel is a big incentive to leave a cold Maine house in the dead of winter.
If the owner has lost the property from lack of payment, foreclosure, short sale, repossession. Actually, Maine is the 46th lowest state for FSSR though. And with low cost Maine property listings, we just don’t see as many vacant houses.
Or left in the middle of the night in a hurry Maine home situations. Apartments that might look like a twister went through. That Dorothy, her little dog too could relate to on her way to Oz.
The Maine home owner or the renter that lost the keys to the place usually moves along peacefully. Without a sea of personal belongings left behind. Or damage. Or refrigerators full of not so tasty stuff as when it was first bought at the local supermarket. When the power goes off.Days go by, heat of summer happens. Hope you have a bad head cold during the showing.
But the legal delays in the Maine property eviction. Then follow up court processing when the tenant or owner does not move. Back up the court house steps. To get the legal fireworks to back up the order that was not followed through on after the sheriff delivered judgement. After all the legal zig zags. And just plain slow wheels of lady justice with the blindfold and scales come to a halt. That’s where the Maine real estate agent, broker, REALTOR comes in. When all the roadblocks to a property listing sale are exhausted.
As you walk through broken glass, see a child’s third grade school pictures or a baby book, you really worry about the kids that lived here.
Lots of beer bottles, large empty whiskey or cheap alcohol containers, garbage piling up. But kids that lived here too. Or did. As you make notes wandering room to room, beside the debris, you can see the same tell tale signs of running out of money. What happens when desperation, addiction and the end of the road sets in. As they flee. Move on to repeat the pattern in another property.
Sometimes after the place becomes empty, during the period of a bank mortgage holder picking up the scent, vandalism happens. Even in Maine the 4th lowest crime state.
Lawns let go, brush piling up, lack of maintenance obvious when no one around.These places stand out like someone dressed like a hobo.
The copper plumbing, wiring could be cut out. Sold for the scrap value. Furnace disappears. Like the fixtures.
Kinda eerie. Like waking up with a note, in a bathtub of ice water and told you have no kidneys. Better get to a hospital sometime soon and look into dialysis.
The Maine real estate agent, broker, REALTOR takes is all down.
Is often the eyes and ears for the creditors, the owner out of state. The bearer of bad news. But everything like in a morgue, like a medical examiner dully noted on the clipboard. Before applying the toe tag.
Pulling up the white sheet or zippering the black body bag.
Spelled out on the Maine property listing disclosure paperwork as what is right or wrong with the structure. In short hand, explaining what happened here in the Maine home that used to be in pretty good shape. And now what is needed to get a buyer to purchase, a renter to move in or a bank to make another loan on the real estate.
The stuff left scattered around has no value.
The original owner or renter is not coming back for it. Left it for a little Maine house warming gift for the new owner.
To find a dumpster to fill and haul away at so much a pound. Had one renter in a property we listed, say he does not do garbage.
I said rats, rodents, cats and other creatures along with fun smells happen if you don’t take care of it weekly. Or more often.
He said his kids like rats, animals to play with. So do the ten cats he has. And he knew the landlord would deal with his garage bay full of garbage after he was forced to move. At the landlord’s expense. Like the last two places he had rented.
There are good tenants.
But this thinking, attitude makes you think twice about buying Maine rental property that is not in good shape. Or that does not already have good, responsible, bill paying clean tenants in place. “You pay you stay, you don’t you won’t is what the renter is told, warned. And asking questions about where the tenant had been living, why the hurry to get out so quickly can be an eye opener. Too many owners lets the first person who calls rent. Hate to pry. Assume they would take care of the place like the owner does. Nope. Not always the case. Not how everyone was raised. But they can talk a good talk.
Check their credit, get references. Or find out very quickly whether the tenant is a good one or not. From your own experience. The tenant’s past is their best predictor. Is they don’t pay their bills, if you look at where they live now and think whoa.
Not going to destroy the unit or Maine home that is in tip top shape now. Keep looking. Wait for the right one that is a good fit. And not needing eviction, the legal expense and delay. And all those property costly repairs in the near future.
But the beat up property listings are what make cheap low cost Maine homes. Ideal for someone with TLC, patience and able to pour in the sweat equity to bring them back on line.
Put back into the pink of health. For the Bob Vila’s in the audience looking, that can only afford a handyman, black and blue light special.
207.532.6573 [email protected] MOOERS REALTY 69 North Street Houlton Maine 04730