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Surprised Kentucky Buyer Finds BIGFOOT In House Bought At Auction

 Surprised Kentucky Buyer Finds BIGFOOT In House Bought At Auction

Kentucky BigfootThere he was! BIGFOOT! Asleep in the basement!! The new owner was shocked to say the least! He thought he had gotten a bargain but instead he had a monster of a problem.

Soon, his life would spin out of control.

Imagine...you do your homework on a house that has gone through foreclosure.

You have all your ducks in a row to be able to bid at auction.

You are buying it without the benefit of a home inspection. There could be bats in the belfry too.

I have had so many people call me to see if I keep up with foreclosed houses that go to auction. I actually do not. I almost bought one about 4 years ago.

Lucky for me, there was something that came up on my credit report at the last minute that I had to dispute. I hated it at the time, but it was a blessing in disguise. I think of it now every time I pass by that house. Now I have a much nicer one down the street for about $6000 less and 4 years newer. (With zero problems)

At the time it was going to be up for auction, prospective bidders could not go in and inspect it. I would peep in the windows and wonder the layout of the house. I found out later that because of water problems over the winter, there was black mold in the walls downstairs. Now that would be a monster in the basement.

I have heard from others that they have bought some of these sadly neglected homes. Please be careful and do what you can to inspect these houses before you buy at an auction or from a bank. Not all are fantastic bargains. You never know where Bigfoot may be living!

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Lizette Fitzpatrick - Principal Broker at Lizette Realty.

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*Surprised Kentucky Buyer Finds BIGFOOT In House Bought At Auction*

Comment balloon 4 commentsLizette Fitzpatrick • September 06 2010 10:46PM

Comments

Liz,
Sometimes the homes at auction are not good for some buyers, they need to be savvy buyers or investors with experience, sometimes here at some auctions you are almost buying the homes blind, so at least you need to have some kind of experience :) thanks for sharing this one.

 

Posted by Ray Saenz, Homes for Sale in Laredo, TX - Texas, Realtor (Exit Realty Laredo) about 8 years ago

I love the title of your post so I had to read it. You are right on that buying without inspecting is buying blind and it's best for everyone to know what they are getting into before pulling the trigger.

Posted by Jenny Durling, For Los Angeles real estate help 213-215-4758 (L.A. Property Solutions) about 8 years ago

Buyer beware!  For sure.  Great analogy and blog about the pitfalls of buying a home without an inspection!  Kathy

Posted by Kathy Schowe, La Quinta, California 760-333-8886 (California Lifestyle Realty) about 8 years ago

Too funny Lizette, gald you ended up with the home without the mold, yuck! That can be such a nightmare. It is so funny in life how sometimes things just work out for the best!

Posted by Elizabeth Baklaich (Virtual Assistant to Steve Baklaich RE/MAX Realty Source MN) about 8 years ago

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