“I heard all the horror stories about buying and renovating foreclosed houses so I needed somebody who knew what he was doing. That’s why I went with FHR. They have the experience and know-how to get the job done fast, efficiently and in compliance with all the codes. Great communication, great feedback, great results and always on budget.”

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Foreclosure Issues

At FHR, we know that the renovation of a foreclosed property presents all sorts of challenges that are not present in a typical home remodeling project. Our experience in working with government officials, financial institutions, investors and others seeking to acquire a home in foreclosure, allows us to quickly sum up the situation, give you the best options, and keep your project moving forward.

Time is of the essence so FHR strives to exceed the expectations of every one of our clients. Be it relatively minor repairs or renovations to improve the overall curb appeal, or major structural changes needed for code compliance, or the complete demolition of a property and its rebuilding. FHR has the experience, track record and commitment to your project to ensure that your investment is on-budget, on-time, and on the market when you want it. But there are unique issues:

Code Compliance
Every city – from St. Paul, Minneapolis (Mpls), its surrounding communities, to suburbs like North St. Paul, Maplewood, Lexington, Little Canada, Shoreview, White Bear Lake, Hugo, and Vadnais Heights – all have their own city inspectors working to bring foreclosed houses back into compliance with all state and municipal building codes.

Liens

Appliances and fixtures
Besides damaging the house in frustration some foreclosed homeowners try to take whatever they can along with them. We have gone into houses where the former owners grabbed anything they could get loose—light fixtures, ceiling fans, even kitchen cabinets, carpeting and even toilets.

Mold

Trash and Debris

Pet and other Odors

Vandalism & Break-ins

Wild Animals / Pests

Neglected Maintenance
Most maintenance stops when the payments are no longer being made, people who know they’re losing their house don’t typically care whether they keep a fresh coat of paint on the walls or if tiny roof leaks are sealed. Mechanical systems frequently suffer in a foreclosed home because they need a fair amount of care, foreclosures frequently have heating systems at the end of their lives, often prematurely so because the homeowner neglected routine maintenance, like cleaning the filters or bleeding the radiators. The ventilation systems are often forgotten, which can lead to mold problems. Home buyers looking at foreclosures need to bear these facts in mind as they could be inheriting a much larger and costlier repair job than they first expect.