House #92 is an interesting story. GMAC was the bank that foreclosed on it. We bought it the first time in August of 2010, it was still occupied and we would have been responsible to evict the tenant. About two weeks into escrow the bank cancelled because the previous owner was starting a lawsuit trying to nullify the foreclosure.
About two months later, the agent called and said everything was resolved again and we opened escrow. This time it took a month, but they called and said they couldn’t provide clear title this time either. We cancelled again.
We got pretty excited when she called last month and said the house is ready to go again. We closed escrow two weeks later.
This is a pretty good house that is a 2 bedroom, 1 bathroom on title; but in reality it is a 3 bedroom, 2 bathroom with a bonus room.
Our rehab was finished in about two weeks. This house had a ton of tile that is a bit on the ugly side, but we decided to keep it.