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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Cash For Keys - Called Police Posted by New on July 01, 2010 at 3:57 PM In Reply to: Re: Cash For Keys - Called Police posted by Kristine-CA on July 01, 2010 at 3:14 PM Kristine, Thank you for your advice. The way you outlined it is exactly the way I will be doing it in the future. The more I think about it, the more I realize how quickly the situation today could have gone much worse. These are people at the end of thier rope and I think its easy for us to become a target. At first I thougth what is the bid deal, sign the form, show your ID and walk away with bunch of money. Thats how it looked on paper to me but in reality the situation involves alot of emotion and people are not likely to be rational on that day. Your plan sounds perfect for the future. : Don't meet at the property when giving cash for keys. I've learned that one the hard way. It's not really cash for keys, but cash to vacate. Keys are never the issue. : Have the seller meet you at a public place, like McDonalds, etc. Have someone on your team check out the house. The seller can leave the house unlocked for five minutes...it's supposed to be empty of possessions and people. As soon as your guy calls and says everything's as it's supposed to be, you sign the paper work and give away the cash. Your guy changes locks or boards or whatever he needs to do given the situation. If you meet resistance to this idea, you can be sure there will resistance on Cash for Keys Day. The tenants or former owners are clear that this is the deal that they want, or they are not. When they are not, they won't be able to commit to a time when they can move or a place they can meet you. That's your first clue that cash for keys might not work. :) : These have just been my experiences with cash for keys in my area. Maybe people elsewhere play nice. Kristine : : : I Did a cash for keys on a property, met personally with the owner inside the property after he moved out and I asked for the ID and for the person to sign the form after a quick 5 min inspection. The situation turned ugly with the owner suddenly changing from a nice person to an aggressive one demanding why I needed an ID. This was puzzleing in that we had already confirmed on the phone twice that the form would be involved, and that an ID would be required. : : The police were called, I asked if he still wanted to do the deal and in the presense of the police we finished it. The police left and the guy might have made a threatning remark that I didnt quite hear but I left it at that. : : What should people do when doing the cash for keys, can you request the police be there everytime to keep the peace? How should this have been handled? I would love to do this in a way without meeting with them at all. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Kristine, : Thank you for your advice. The way you outlined it is exactly the way I will be doing it in the future. The more I think about it, the more I realize how quickly the situation today could have gone much worse. These are people at the end of thier rope and I think its easy for us to become a target. At first I thougth what : is the bid deal, sign the form, show your ID and walk away with bunch of money. Thats how it looked on paper to me but in reality the situation involves alot of emotion and people are not likely to be rational on that day. Your plan sounds perfect for the future. : : Don't meet at the property when giving cash for keys. I've learned that one the hard way. It's not really cash for keys, but cash to vacate. Keys are never the issue. : : Have the seller meet you at a public place, like McDonalds, etc. Have someone on your team check out the house. The seller can leave the house unlocked for five minutes...it's supposed to be empty of possessions and people. As soon as your guy calls and says everything's as it's supposed to be, you sign the paper work and give away the cash. Your guy changes locks or boards or whatever he needs to do given the situation. If you meet resistance to this idea, you can be sure there will resistance on Cash for Keys Day. The tenants or former owners are clear that this is the deal that they want, or they are not. When they are not, they won't be able to commit to a time when they can move or a place they can meet you. That's your first clue that cash for keys might not work. :) : : These have just been my experiences with cash for keys in my area. Maybe people elsewhere play nice. Kristine : : : : : I Did a cash for keys on a property, met personally with the owner inside the property after he moved out and I asked for the ID and for the person to sign the form after a quick 5 min inspection. The situation turned ugly with the owner suddenly changing from a nice person to an aggressive one demanding why I needed an ID. This was puzzleing in that we had already confirmed on the phone twice that the form would be involved, and that an ID would be required. : : : The police were called, I asked if he still wanted to do the deal and in the presense of the police we finished it. The police left and the guy might have made a threatning remark that I didnt quite hear but I left it at that. : : : What should people do when doing the cash for keys, can you request the police be there everytime to keep the peace? How should this have been handled? I would love to do this in a way without meeting with them at all. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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