Case Study E Drake Ave Stockton: Tired Landlord, Deferred Maintenance and Family that refused to move out

When you are a landlord and the tenant is no longer paying the rent, it’s time for an eviction. But what happens when the tenants are family members and/or friends of the family?

The Family Needed to Sell their House Fast and called Stockton’s Premier We Buy Houses Company

Here is Their Story:

Deferred Maintenance
Family and Friends Tenants
Eviction

Mom and Dad had worked hard their entire lives and over the years had managed to purchase 4 properties as rentals. When Dad was alive the houses seemed to always have good tenants, that paid on time and took care of the houses. The cash flow was good, the houses were maintained and the investments were a substantial monthly addition to the family’s cash flow.

Dad died and after a period of about 6 years 3 of the houses became the rent free homes of children, grandchildren and friends of the family. It didn’t start out that way but soon Maria was overwhelmed with the cost of the houses as they were no longer the assets that her husband had established, they were liabilities as no one paid rent and it was up to her to pay for repairs, damages and the property taxes, insurance and even utilities.

No matter what she did there was resistance and bitterness from the family occupying the houses until Maria finally had enough.

She wanted to sell the houses one at a time.

Homeowner Concerns:

Evicting Family Members is Difficult Sometimes a Third Party Can Be More Effective With the Task

The homeowner had tried on her own to get everyone to understand how upset she was. She even went as far as issuing the proper 3 day pay or quit notices as required in Stockton evictions. They all knew that Maria would not follow through.

She wanted them out but wanted to start with selling one house hoping that the others would know that she was serious.

I remember the first time I met with Maria and her oldest son Tony. Maria was crying as she explained what family had done. Not only was she paying for everything and receiving no rent, she was also paying the water, gas and electric bills because her grandchildren were in two of the houses.

Maria cried as I explained the eviction process to her. I told her that I would pay for the process all the way up and through to the Sheriff removing them physically from the property if need be. I also explained a cash for keys technique that I have successfully used to get tenants to leave prior to eviction whereby I offer them the equivalence of the cost of the eviction if they leave peacefully on an agreed upon date and time. I usually add in enough for a deposit and moving expenses. Either way it was clear that Maria was upset, but she was resolved to see this through.

We discussed the house in question, my inspection and the comparable sales in the neighborhood. Maria had a number in mind and when I made the offer she smiled and said I though it would be less. We agreed on a sales price, I drew up the Purchase and Sale Agreement and I submitted it to the Title Company that day.

I filed for the eviction (unlawful detainer) at the courthouse within 3 days and we knew that it could take up to 90 days. I then went and personally delivered the eviction notice to the relatives at the house with a cash for keys offer. I explained that the house had been sold and that I was prepared not only to evict them but to also get a judgement for past due rent and laid out the numbers. They were clearly upset but I explained that they had 48 hours to make a decision and either accept my “Cash for Keys” proposal or face the eviction and its credit consequences.

ONGOING CHALLENGE:

The Challenges with Drake were all related to the decision to become landlords for family. The house itself had no liens, loans or judgements. If we could get the tenants out, we could close in a matter of Days and move to the next house that she wanted to sell.

OUR SOLUTION:

Sometimes the Best Decision is to Sell that House Rather than Invest Thousands more in Repairs and Updates

We offered the existing tenants cash for keys and when we were done we had paid $1,500.00 to get them out of the house with in 20 days. Maria was so happy that we signed a Purchase and Sale Agreement for the next property.

Once we took ownership of the house we paid the homeowner in cash and began to repair, remodel and update the house. We spent thousands on gutting the house, replacing drywall, electrical and plumbing. We moved a couple of walls expanded the Kitchen and redid the bathroom to current buyer standards. The remodel took 45 days and the house was sold with 5 days of listing on the multiple listing service.

Some Real Estate Problems Are Resolved in the Sale of the House

At “Westbrook REI” and “We Buy Ugly Houses Stockton”, we are the best at what we do because we work at it every day. We understand that a commitment to customer and a commitment to our business only happens with hard work. We have years of experience and a plan that we follow. We are a real company with real people that are committed to helping you achieve your goals.

Again, we’re not real estate agents. We are actually Stockton house buyers and have our own cash… so we can make you an offer on the spot. Once we make you an offer, you can take that offer, shop it around if you want, talk it over with friends and family, and think about what you want. We won’t pressure you one bit.

If you want the best LOCAL We Buy Houses Company in Stockton, Sacramento, Manteca and Modesto then give our company a call today, we offer simply solutions to complex selling issues. Our house buying process is very easy with no hassle and we can close on YOUR time.

We Buy Houses Stockton CA, Get Your Offer at http://www.ibuyhousesstockton.com or call Peter Westbrook today at (209) 481-7780.

We Buy Houses in Stockton, Sacramento & Modesto

I Buy Houses Stockton Introduction (209) 481-7780 We buy Houses Stockton

My name is Peter Westbrook and I am a local real estate investor and the owner of We Buy Houses Sacramento and Westbrook Real Estate Investments. I am NOT a Real Estate Agent or Broker and for good reason. I purchase real estate and I am NOT going to ask you to pay a commission or a fee.…I pay CASH and because I do, I can close on the day that I tell you.

For those of you that already know me or have already called me you can attest that I answer my own phone and I return all phone calls. When you call me at 209-481-7780 you are calling me on the same number that my mother and my closest friends call me at.

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Hear What Others Have To Say…

The City of Stockton was getting ready to tear down my old house. I was no longer able to maintain the Stockton House and after years of trying to keep up with code violations, needed repairs and vandalism, I finally called Peter

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Leonard S

We inherited our parents house with one of our brothers living there . The property taxes had not been paid and it was in Tax default. We called Peter Westbrook and he found that the title was still in our parents name, so the Stockton House never went through probate. Peter also found that there was an old auto loan that had a lien on the

title and an old bankruptcy ruling to take care of that lien had never been filed with the courts. Peter handled everything including paying the back taxes, paying for the hiring a Probate Attorney and filing the probate and paying for and hiring a Bankruptcy Attorney to finalize the removal of the lien. He was patient, understanding and he took care of everything including evicting the tenants that were living in the house. We talked to real estate agents and other I buy house people. None of them had the answers for our situation. Without peter we would have lost everything. We got paid cash.

Steve H

We inherited my parents Stockton house with a mortgage. We decided to rent it out. The tenants destroyed the house. I didn’t know what to do, I didn’t have the money to fix it and the city had already issued code violations.. I called an “I Buy Houses Stockton Sign” on a telephone pole and Peter Westbrook answered. In 4 days he paid the bank and bought my house. We would have lost everything if it weren’t for Peter Westbrook.

Mike B

I inherited my mothers house with a mortgage. When my husband and I lost our jobs, we got behind in payments. Then the Bank posted a default with a auction date we didn’t know what to do.

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Brenda T

I saw a sign on a telephone pole and against my better judgement I called. The last thing I expected was a person answering the phone. I was surprised, Peter Westbrook answered the phone. I had a lot of questions and Peter had the right answers. My mother needed to get as much as possible out of the house and we had talked to several real estate agents and they all wanted to sell it cheap and wanted a 6% commission. They all told us unless we put thousands of dollars into it could not be sold for what we wanted. Not Peter. He made a fair cash offer and since then we have sold him another house. Peter and the title company handled everything. I couldn’t be happier and I would recommend Peter Westbrook to anyone.

Cathy W

I needed to sell my Stockton House. I called a phone number I saw on a sign and talked to Peter Westbrook. The City of Stockton said that they were going to take away my vacant Stockton house, knock it down and send me the

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Ann C

I inherited my Fathers Stockton house. The front porch was falling in, the walls had holes from being vacant and vandalized. The City of Stockton fined us, red tagged the property and forced us to put on a new roof so we had to get loans and we still couldn’t rent it out.

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Broderick R.

“Our Grandfather passed away and my brother, sister and I inherited his Stockton house. He was a junkman and hoarder. He was also 90 years old and had not made a repair to the house in years. He had garage sales almost every day. The house and the yard were full of junk. We tried to get everything out so we could just see the house. We had family and friends come over on the weekends but the cost and effort was consuming all of our time.The house was a mess.

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Connie J.

“I had tried to sell my Mothers Stockton house for two years. Realtor’s told me to tear it down. I didn’t have the money for that and my Brother and his family were living there. Peter Westbrook made me a cash offer and closed escrow with my brother still in the house. Peter Westbrook is my savior. I don’t have to worry about the house any more. If you have a Stockton house that has become a burden and you don’t have the money to fix it to sell it, call Peter Westbrook.”

Rosemary R.