As an active REALTOR® and Investor, I inspect properties that are both vacant and foreclosed. A recent article highlights that the vacant part of the equation should not be taken for granted. In its article Investor Report: REO Scam Warning, Realty Times explains how scam artists are unlawfully renting out foreclosed homes at bargain basement cash rates. This can potentially lead to dangerous confrontations when the illegal tenants have no desire to be disturbed or to vacate. The article continues by providing safety tips that I feel anyone entering a foreclosed property should strongly consider heeding:
- Before heading out to see a foreclosed house, evaluate the potential risk of the neighborhood. Let an associate know your schedule and route.
- Never enter a foreclosed property without first checking the exterior perimeter to determine whether anyone has broken a window or back door to gain entry. At the front door, never enter a foreclosed house without first giving a loud “knock and notice.”
- Even if you’re visiting a property in broad daylight, always bring a heavy clad flashlight. Not only is it practical if the electricity has been turned off, but “it’s a good defensive tool” if you need it.
For many years I have actually carried a flashlight for the reason stated in number 3. Carrying pepper spray or other defense spray can provide an additional layer of protection. Although pepper spray is legal in all fifty states, some jurisdictions have their own rules regarding the use of defense sprays including their purchase and possession. I suggest that you check with your local law enforcement agency for any state specific regulations that may exist.
Source: RealtyTimes.com
