I BID OVER $200,000 On A Dead Woman's Abandoned Home On Halloween / How To Buy A House

2012 are you ready we're here all right where are we we are at a property located in worcester yeah and it is going up for auction but we were able to get uh an appointment to preview it before in the viewing let's take a peek at it look at that they're supposed to be three full did you hear me three full bathrooms in here three count them one not one not two two three tree holy oak tree you know how i love love mature trees all right you love dead trees because you like knocking them down yeah that's fun too let's see let's see what we got the front entrance i do like all of the windows looking outwards the auction is in a week we're doing the preview beforehand here's a solid brass knocker i like that that's a good sign you knocked oh hello here we go let's open up this first door okay so we would be looking at this property for one coat closet coat closet but what would we use the property for this would be an investment a rental piece another rental property oh oh man that in the front door that is not for tall people there's a lot of black squirrels outside all right i'll make sure they don't get in all right let's turn it over to the right oh this is the kitchen this is the kitchen this is a million times bigger than my kitchen not sure about the green cabinets but some some may love it what do you think uh i'm colorblind i think it's great i think there's a million million miles of counter space compared to my house yes counter space look at all that i have a lot of counter space in my house so i love counter space and i have none but i think the dining room that's attached right there nice big area that is vintage we could probably sell that on ebay pull that out remodel sell it on ebay cute little dining nook there's the driveway that looks like the door to the garage but we'll come back to that let's see what's through here there you are wow look at the windows check out this view see that see that uh-huh i thought you were gonna type help send help no not yet but no backyard so there's there's obviously a little deck patio back there but really no backyard but a nice view okay less yard work is actually a good thing to some people cute little shed look how big this living room is we've got the fireplace which is a bonus and i see you love a good fireplace so those are real logs those aren't gas that's real so this is so that's a functioning fireplace although i don't see the oh there we go oh no that's not good either there's got to be an area to work on the flue okay you'd love me to find a place what do you think this is this the dining room yeah this is probably the formal dining room slash family room [Laughter] low hanging light fixtures is definitely not your thing but look there's windows everywhere look at that you can see everything i like the windows definitely a ton of natural light uh-huh you got the natural wood floor this leads out to the deck baseboard heat isn't the greatest but you know what it probably wouldn't cost much to get a furnace in here and from what i hear it's a finished basement so probably get a furnace and then duct everything in and we can get rid of the base form yeah floor is beautiful we should uh i think there's probably bedrooms that way you want to go check them let's go check them george what do you think yep bedroom number one light fixtures for you to run into yeah that's a c bonus no light fixtures to run into so that means they probably have they probably have yeah one of the outlets is hooked up to look at all the closet space that's really nice i'm obsessed with closet space and here i thought you were obsessed with me now if you see orbs it's not because the previous owner passed away this past november even though she did it's because there's dust that's i i like the open shelving closet space okay so nice nice bedroom would you leave the carpet uh absolutely not well if i was gonna use it as a rental sure nothing wrong with it if i was gonna live in here yeah it's flipped to the type you like oh here here's where here's the important spot right here all right so this is one bathroom there are three full bathrooms in this house you find anything good more storage space that is an oldie yes so definitely things need to be updated from fixtures to well let's just say from bathrooms to bedrooms i mean that was great that was groovy back in the 60s and 70s all right let's go into the spectrum look at them shades oh my goodness wallpaper okay that is some red carpet it matches the wallpaper now just so we're clear this was this was a little lady that lived here as a matter of fact her grandson was a tenant of mine and she passed away in november and the house is now in the estate that's why it's going up for auction she would sometimes she would write the check for her grandson he would give her the cash she would pay his rent she would she would actually pay his rent little signature look at that cool tree with the vines going all up in wow i'm looking for leakage issues this is single pane so with single pane windows you see this what's going to happen is you're going to get you're going to get moisture so that's definitely an area that we got to look at because windows and this place has huge windows windows are probably going to have to be replaced a double pane just just lost storage in the closet now we're out in the hallway and there's two closed doors let's open up this one linen closet love it the master bedroom check this out windows everywhere half the houses the windows not so much the wallpaper but love the windows the windows are most definitely going to have to be replaced and that's because of energy efficiency so to actually heat or even to cool a house with this many windows you have to have efficient windows to keep those costs down the other thing is if you buy it as a rental property then you just keep the windows the way it is and your tenants they end up paying those costs and so you don't worry about it as an owner but if you want to be a great owner and a great landlord make sure you put efficient windows in there's a bathroom on here too check this out the carpet's not red in here i actually like this carpet everything's sticky everything is definitely thick sink is leaking that's that's a little bit of leakage and yep yep oh i love how there's a window out here we have an issue here i have an issue here what do you see look at the closet check out the closets you're going to open this checking out the bathroom but yeah you basically so what happened during from my understanding to the houses in this neighborhood during or excuse me after the war there was a lack of work and so what they did is they put a ton of people employed in building basically closet space in this area of town and so what once was a full bathroom like this this wall was never here they hired people to come in and a lot of these people in the neighborhood did it they built closet space in every single room which is why you're seeing massive closet spaces in what were otherwise huge bedrooms but then what you get is very small spaces in must be a switch out here is our switch there's a switch right behind you there you go and then you get a very small space cramped right oh yeah i need more i need more elbow elbow room for the push-up i i don't know i personally like the toilet being separate from the main part of the bathroom because my house has the toilet has its own room yeah i need uh i need some more room the shower is a little tight there's a there's a lot of heavy lifting things that happen in the wide load in that area more closet space love it definitely vintage yes yes it is basement it's supposed to be finished what do i see a sink i think another kitchen there's a whole another kitchen down here and look at the vintage aspect of it oh my goodness we find these in storage units there's an old general electric look at that this one the last time i checked it was like over a thousand there they go very well yeah the fridge might need a little help but look at that this is a whole another area for hosting i mean can you there's tons of space for activities suite or maybe another renter you could split you could actually split top to bottom and you could have two yeah you could have two two apartments because technically there's another exit there is an exit you could split top to bottom and you could have two apartments uh that wood is probably swelling because of the weather but george just found a way out there's a shed we're on the outside brick house brick house there's the living room windows that was from the dining room now we're out here i love it i want to see what's in here uh you don't want to see what's in the rest of the house downstairs first should we come back all right fine go see i'm just she's going to break into stuff she's going to break into stuff i see there's an exhaust it's a cute little shed she just wants to look in the window oh my goodness this had to be her husband's workspace it's a nice little workshop slash hanging out at the shed look at that there's heat oh nice nice and a a door that probably goes out what you got another little deck back here for [Music] did you see a activities switch uh yeah i did see a light switch so here's a shop there is a full two-car garage but there's a shop in the back too no lights all right let's go see what's in the rest of the basement i'm really liking this house yeah there's a whole other fireplace down here this one is see right there that's this one actually is a gas fireplace so it's going to exhaust up the of the original fireplace which would be right up there on the second floor so with the baseboard heating if you use if you utilize your fireplace that could probably warm up the house save money that way probably i would love to get rid of the baseboard the other thing i mean really what would probably end up doing oh my goodness holy cow uh you think i've never seen a furnace like that it's an incinerator oh my goodness it's an incinerator holy cow you would put basically you would put your burnables in here okay kind of scared yeah looks like pieces of them at least all right definitely found ashes in here you know who did it let's see another closet again this is part of the initiative after the war let's see this is i mean everything needs to be updated but here oh my goodness oh my goodness look at this here's another here's a full functioning fireplace that would be a third third fire race could you imagine how amazing this house would be if it was updated man maybe we should be one of the tenants well the other thing we were talking about is flip-flopping well we were talking about excuse me there's the ac we were talking about actually getting this house and using it for christian and patience as an office while we're in florida yeah more bedrooms more bedrooms so the carpet definitely matches that's the question everybody always wanted to know and there's more signs of leakage there's just huge windows huge beautiful windows minimal yard work that is some plush carpet again this is part of the initiative look at that there is this weren't long in there it's actually they tried to put a vent through a beam so they're losing all kinds of heat man i i really would have to really work at putting a new furnace and getting everything duct appropriately what the hells is this this is the utility room so you put on another washer dryer do you think there's enough room in this utility this is the washer dryer this could be a bedroom another exit this house is huge it doesn't look like it from the outside but it's huge this house is huge i'm sure there's drainage issues too being on the hill look at this you got more room i'm assuming this was for folding clothes that's my guess jeremy see this might be more closet space yep sure is i don't know why but i love storage i guess it's because i don't like clutter really why are you what are you doing i have to test this place out if i'm gonna buy it and you say i spend a lot of time in the bathroom that's twice i've caught you in bathrooms here yeah but it wasn't for two hours more storage less room for clutter i'm sold i'm sold on just the storage alone in this house here's so this is the third shower oh that was bad that was bad i need a shower why do you keep interrupting me we're only missing one thing the auction can't wait to go let's see if we can win this one just doing last minute checkups on the auditor's website we're gonna go bid on this property now this is the thing with property it is the best investment you can possibly make the government gives you the best tax breaks so when reselling and this is reselling the goal is always start small and flip small things and grow and grow and grow till you get to the big things you want to flip houses that's where bulk bulk income can come and that's our goal today to buy this house and see if we can flip it george look at all these vehicles because we knew there was going to be so many cars look at this this isn't good we need cold and we're rain underway on behalf of the barnard family and gant realty we welcome you the auction here today as we said we're selling for the trust that's the reason we are here a dandy dandy kind of brick home stately trees wooden lot in the summer the leaves are off you can watch the little league games down there got a nice workshop back here full kitchen in the basement a lot of pluses uh and it it just plumbed clean and ready to move into unless you change colors here and there so what do you think about the colors we give the terms conditions and information now we're selling to you okay thanks dave today is saturday october the 31st it's halloween trick or treat yeah i know are you a trick or a treat well a lot of more than mass but it ain't for that oh okay so we're at the bernard real estate auction located at 2215 prior touch circle worcester ohio today sales by the order of john bernhardt trustee for the sally bernhardt trust jackie and brooker dave ocker the auctioneer we are representing the seller in this transaction we are selling a three-bedroom brick ranch home two-car garage three full baths three fireplaces finished basement workshop on a nice wooded lot and this is a one owner house it was built by the bernhardt so so our terms will be 10 down non-refundable deposit is required today if you're the high bidder the property is being sold as is can i borrow some money with no warranties or guarantees we assume you have inspected the property and you know what you're bidding on today it shall be the sole responsibility of the buyer to determine the condition of property any improvements on the property and its suitability and desirability for buyers needs the purchase contract will have no financing clause we assume if you're bidding today you have the funds or you have been to the bank and been approved by bank and you will have all the funds to close in approximately 45 days the seller will pay the following items half the escrow fees preparing the deed the county convenes fee the title search and half of title insurance the real estate taxes will be prorated to the day of closing uh the buyer will pay half the escrow fees recording the new deed bank fees for a new loan if any and half a title insurance this is all standard right here by nick in the garage we have our purchase contract agency disclosure statement is an absolute option means even if it only sells for a penny it legally sells for a penny the draft copy the title search and the flat map of the property possession of the property would be the same day that the deed is filed and appliances we're going to leave with the house gate appliances will stay um usually i'd stay this uh that you might hear some items left behind by the seller but this house is really spotless so whatever you see we'll stay with the house and at this time i'd like to thank john and the entire bernhardt family for this opportunity for letting dave ocher auctioneer and gantt realty to be service to them in this real estate auction are there any questions any questions titus any thing for you not so far but i already have so [Laughter] all right i'll turn it back over to dave instead instead and this is important we don't charge a buyer's premium but we have free food hot cider hot coffee uh purchase donuts cookies untouched by human hands it's all done by robots so uh feel free to patronize them i didn't do it before you can do it afterwards in celebration but a nice kind of property we sell a lot of older homes a little of everything uh the brick ranches are a little tougher to find to sell at auction it's here location is good easy access in any direction close to the little league games uh just kind of nice on a street with not a lot of through traffic if they come down through here either they live here or they're lost they knew it had something to do with sherwood forest but they couldn't remember the name of the stream so uh that was why they might be here but she's plumbed good she's here to sell landscaping is good outside house is clean inside stately trees here to sell nice day and they tell me the weather is like that almost every day here on the street so help yourselves right there and how my daughter would you get on the real estate there 200 two i two up here give a hundred out of there i'm gonna be a huh i don't know a quarter i don't hear half put it up in 175 175 175 a little bit too i tell you a little bit too i forgot to introduce nick d felicia's here auctioneer realtor i bring him along to help because i thought there'd be a big truck crowd and there is 200 i'll 175 85 at 185 175.85 i'd 85 i'm gonna be at five at 185 at 75.85 where 175.85 you always come in with kind of a preconceived notion of what you want to do and sometimes a little more than you'd planned you'd be allowed to give just a tick more than you'd plan and the extra dollars you spend here will be money well invested it is not one where you need to win uh spend forty thousand dollars to make it level it's plum good it's ready to move in it's ready to move in the lot's nice the house is nice location is plum good and the sun usually shines like this 175 80. at night at night at night nighty at night him for the bad night at night him for the bed 90 at night here i'm going to be at 90 at night him with a bad nighty he said man what no i got 185. give 190. that night here odd 85.90 i'd 90 up there down there i one night at even money that's what you'll tell them a church tomorrow you paid unless your church is canceled two hundred thousand five ninety five two i tell you a little bit too would you give me 197.5 with a discount go show who my competition is i forgot to announce and it's been very important if we think the bidding is getting too high we'll say whoa that's enough don't go any higher whoa oh if you like the home the lock the location the improvements and all help your cells it's not out of line 97 by 197.5 i'm 197.5 i find it at five i'll 197.5 i'm 95. i'm 96. kicking the dirt or the concrete don't know what to do don't let be a all spend an extra thousand if you like the property and i guess if you pick this up and put it in a row with all the homes for sale you know in worcester about 180 to 210 this will float to the top being the best buy you haven't hardly bought the location yet you haven't hardly bought the location yet the auctioneers two minutes to talk it over two minutes that's two minutes too long just two minutes people are walking away people are walking away they're out they're out look they're out so we know competition isn't competition is walking away that's a good thing we're high bitter right now what's good thing are you is your heart racing because it's racing this is worse than the coin pushers my heart was raising him at 195 i didn't bring my two minute break this is normal auctioneers when they do real estate property they'll usually give a couple minute breaks they'll send an assistant to go talk really trying to talk you into bidding higher they're going to talk about all the good things they're going to say it's a brick home it's solid you don't have to do anything reality of this home is you really have to do quite a bit you have to update it but you can move in as is yeah so they're talking they're trying to talk them into it we're high bidder right now 195 we've got to get this thing are more people leaving yeah yeah turn around there's more people leaving this is good there's more people leaving it's good spectators or maybe neighbors that want to know who's getting a neighbor seeing what's going on yeah there are people definitely going they wanted a deal i mean they wanted to get it for 25 000 but i assumed that this house gave you two minutes to talk it over once here we go some of you some of you don't know what to do bid if you like the house and you like the location it'd be hard to give too much on this kind of property and it isn't something you need to spend dollars to make it livable it's ready to move into it's ready to move into 195 96 196 at 5 6 2012 202 i talked to the neighbors and they said this is a very nice location yeah and you won't have to spend money on trick or treat tonight because you won't live here yet you're going to save a little bit on candy do you agree with a little bit of two candy two two i killed him a little bit too much he's trying to talk them into two or two two i'll give you one minute to talk it over here she's gonna have a new owner we're at and one 201 dollars is this common for real estate auctions for them to take breaks they always take a break to try and talk them into it same thing too bad it wasn't like storage auctions like sell it nick tried i don't think he got it he tried they're trying and don't forget if it brings at least two hundred and one thousand free coffee and food for everybody we're already there wait you're leaving that for the new buyer right all the food two one two [Music] some of you haven't noticed what you want is one time just to see 202 maybe that will do it 201 202. look grant's going back i got 205. that's why he's the broker i'm 205. 206. at six 205.00 [Laughter] let's see what they do oh my goodness jack's gonna look jack the realtor or is that the broker that's the broker that's the broker the realtor here we go we're at 206. [Laughter] do you think i can go in that conversation should we go over there too do you want to yeah should we try no stay out of there stay out of their bubbles but lobbyists spend a lot of time in the grocery store depending what's the best should we just walk backwards to make it less obvious yes sir yes six seven let's have a look at the bits have anyone back in that's something out there that's up there now sometimes that's nothing to us back in the turn [Laughter] just shut the door and go 210. what do you think that's don't forget there's free confidence yeah what do you think it's worth that's your decision david five here not now i didn't know that i'm gonna be my fair enough joy got eight five five five five eighty five five eight five nine at nine ninety nine was going to put 50 grand into remodeling and it's worth 250 000 i'm past profitability i got to pull out well i don't know about it i already went two hundred threes eight five now nine zero nine eight eight five eight nine about nine one more minute don't let it be should have bought and if you like the house you like the location and you like the condition you think you're gonna have buyers or more so i think we should just go shake their hand and congratulate them and say hi where are you or your neighbor i think just get 210 and be done so they know the threshold see if i know thresholds 210 yeah and pass the power to profitability after updating it the we don't lose money we don't lose money let's just go shake their hand and say we're your new neighbors what do you say well we don't know if they're going to bid any higher than nobody else is going to bid it's us and them nice job let's go congratulations [Music] [Music] you

Channel: What The Hales

Views: 179,247

Rating: 4.8817821 out of 5

Keywords: how to, treasure hunting, real estate, live real estate auction, sheriff auction, investment property, how to invest in real estate

Id: 0QGgczE7zK0

Length: 36min 4sec (2164 seconds)

Published: Wed Nov 04 2020