Common Foreclosure ‘Faux-Pas’

If I were a bank selling a foreclosure, my top priority would be to keep the home in as good of shape as possible to get it sold quickly and for top value so I would see less losses from it.  Unfortunately, I am not a bank, or an agent that lists that many foreclosures (just sells them all the time) and their real philosophy is quite different.  Banks constantly try to cut costs where ever they can.  They turn off all power and water to the homes, shut off heating and cooling systems, and often do little beyond removing the previous owner’s left behind junk (if they even do that) to help the home look good for potential buyers.  This “strategy” may save them a few bucks while trying to find a buyer for the home, but often costs them thousands more in the end.  Read below for the ways these strategies can hurt them and the future buyers.