Inside BANK OWNED Homes...You Won't Believe This!

[@NickeyVamp]

HI Wayne, I just wanted to come on here and say thank you again.. My husband and I got in touch with one of your agents and bought a house through one of your agents.. Our agent was amazing!!! We had an amazing experience..!!!! We got our home with a VA loan zero out of pocket.. they paid closing lower interest.. it was perfect.. Much ❤

[@TheRealWayneTurner]

Awesome! Who was the agent you ended up using? I want to make sure I keep them on my referral list.

[@mikeflair6800]

Very interesting internal look. If your theory is correct, this investor added value only to turn it over to the bank. Maybe he should have paid the mortgage 1st? This is one foreclosure the bank should be happy with...foreclosures usually a mess, not a beauty.

[@carnivalgods4573]

Thanks for all the helpful information. That's a nice, clean property. Much brighter than the usual drab commercial gray look that became so popular.

[@kybble]

The sad thing about foreclosure is that no matter how long the bank owns it they are not be Holden by law to fix anything or insure it. But the moment it's sold it's reported and insurance companies and the tax assessor and the zoning office will be all over you. Yeah it's a fixer upper but to me that's just funny.

[@christielsner1149]

Can you do a video on the Pros and Cons of buying land under land contract?

[@chrismaxny4066]

Flood Zone A! Yeah the house is raised but your vehicles still have to be evacuated! This is guaranteed to end up being a bad deal!

[@mrsmith324]

Congratulations! You found a needle in a haystack. Good luck on finding another one.

[@sifuhusky3556]

Fanniemae fixes-up ALL their repos.

[@peckerpeter2078]

@@mrsmith324 Exactly why you keep this one, put drainage in front of garage with sump pump turn garage into office space!

[@vesnarajic5276]

Perfect Perfect.. alone and quiet

[@psychicsusan67]

Thank you Wayne!!! This is great information!

[@jimjimgl3]

I'd be interested to see what the insurance / flood insurance is for this foreclosure since 95.8% of all properties in Slidell are at risk of flooding in the next 30 years.

[@randiD123]

That's a GREAT house! I have a CO worker in Slidell. Looks like a nice area from what he has shown me.

[@peckerpeter2078]

$205,000 this one’s nice 2,000 sqft garage too🇺🇸👍🏻

[@ifeomaamalu6189]

Thank you so much. I am learning so much from you.

[@Rebecca-JesusIsLord]

Wayne i thank my Massiah Yeshua Hamasheik for your channel because Im learning so much from you sir

[@lilfairycupcake]

flood zone is a big no no in my book. insurance will be uber high.

[@christrankle8276]

not only that but even tho the house is raised, if your surrounded by flood water how do you get out? No thanks. Also the handles on the cabinets that would go above the refrigerator are crooked. A little detail, but it makes me doubt the overall craftmanship of this house. Many "flip" houses use sub standard materials and the craftsmanship is wanting. I don't care how attractive or modern this house looks, I would never buy it even it were listed for $10

[@lilfairycupcake]

@@christrankle8276 from what i can see the remodel does not look bad. agree. flood plane, is flood plane.

[@TheRealWayneTurner]

It's a fact of life here. Many people do it.

[@lilfairycupcake]

@@TheRealWayneTurner one more reason i kinda like ohio.

[@kathyb5740]

Beautiful home.

[@TheRealWayneTurner]

I think so too!

[@tairam9383]

Thank you for the encouraging advice and direction to pursue.

[@gaugeray7462]

What a well made, professional video. Thanks for the good work.

[@TheRealWayneTurner]

Thank You!

[@nolamama3558]

There's a house off hwy 59 in Abita that's been for listed for months (on, then off) that I have had my eye on. It was a flip. I wouldn't mind having it, but not for the price they are asking. Also, I saw your face on hwy 22 the other day on a sale sign! :)

[@TheRealWayneTurner]

Awesome! Reach out to me if I can help you at all!

[@frankz7722]

Another great video! I’m learning alot from you, Thanks very much Wayne, I’m a big fan, FZjr

[@TheRealWayneTurner]

Thank you!!

[@ginacho7745]

@@TheRealWayneTurneris this house still available Wayne? Btw where is it located this house?

[@TheRealWayneTurner]

@@ginacho7745 Slidell LA.

[@TheRealWayneTurner]

Yes it’s available

[@brandonroussell9552]

I worked on this dead end street foreclosure as well It had some interesting items for initial secure. They were filming movies on the bottom floor and had a bar setup and a horse carriage. I did several orders here

[@richwinds7179]

makes no sense. clarify or edit your comment.

[@dertythegrower]

​@@richwinds7179 there is a lot of conmen in these replies

[@dertythegrower]

made no sense

[@brandonroussell9552]

@@richwinds7179 cannot clarify due to client confidentiality

[@Ysvnmnks]

Hi Wayne thank you for all your videos for how much can that house be rented for down in Louisiana? And how much equity que can a home like that acquired every year?

[@AmericanFaction]

thanks 🙏🙏

[@TheRealWayneTurner]

You’re welcome 😊

[@irenafields3324]

Could you please, list any good realtor in Dallas, Texas. I’m interested in a foreclosure property. Thx

[@TheRealWayneTurner]

You bet. Good friends in Dallas. Text me your name and email. I’ll call you. 985-789-9243

[@zonashroyer1574]

Wondering what to do with a bit of cash, retired on small income? I don’t really want payment’s, willing to relocate and buy a cheap house that can be remodeled over time. Thought about a motor home on a small piece of land , even a tiny house.

[@Todd-o8n]

I just looked into a place I saw here in Pierce County, Washington that isn't a foreclosure, but sure looks to be. 2 bed, 2 bath, no outbuildings, 1/2 acre on paved road for $430,000. The place is trashed, needs a ton of work from leaky ceiling damage, to floors, walls and exterior needing repairs. And, it is listed online with a realtor with pictures and everything!!

[@TheRealWayneTurner]

Is it priced appropriately for the area?

[@Todd-o8n]

@@TheRealWayneTurner It seems a bit much, but I'm not in the business, I just drive past it all the time. There's no way I would consider it, at even half the price. The pictures show a severely neglected newer remodel. Almost like squatters were there, but it was home to a firewood selling outfit for several years. Drove by it today and just shook my head, you wouldn't know the inside was trashed from the road.

[@rayshelld791]

Ive been looking for a house to actually live in. What you have is super rare. In my area foreclosed houses sell very high, as appearantly the market can bare it. Even disaster of houses sell quickly here. Of course I am closer to the east coast. I guess its the old saying location, location, location.

[@SewingBoxDesigns]

I'd buy it if the kitchen was walled off. I hate open plan kitchen living rooms. It's so Apartment.

[@stoveguy2133]

Investment house? Rent is higher then mortgage? You pay property taxes. You deal with sketchy renters. It’s worth ur time? Stress?

[@unclem4626]

Sure, pay for flood insurance, but how much to do the insurance companies pay after the flood?? I don't believe in property insurance companies. Its sad.

[@gsdalpha1358]

We've only had one insurance claim in 50 years, and it was after we lost our home to fire. Add up all our premiums over 50 years, and the claim still paid over 6 times more, including paying for a furnished rental home for 9 months while the house was being rebuilt. There's no way we could've recovered without insurance.

[@stevenmoore2514]

Population there has only grown by 4000 in the past 34 years and has been in decline for the past two. Average income is just under $44000.00 annually. In my opinion it is not a good place to invest $200,000.00 in a home. Please investigate more than the house itself.

[@Valerie-bb5hi]

I know you know so much more b then him

[@stevenmoore2514]

@@Valerie-bb5hi I do not know more than any other person, I simply use the information that is available to all. I have nothing for those choosing to ignore facts. Mr. Turner made two things clear; do your research and people lose money on real estate. Over all a good presentation.

[@MFDesigns26]

Hello Mr. Turner, you never buy a foreclosure that’s occupied? How do you get the people out of the house after purchasing the property?

[@sifuhusky3556]

Fanniemae has "repaired" ALL of their repos for the last three years.

[@chiquitame02]

Wayne, can you help me find a realtor in Oregon?

[@richwinds7179]

you can pick up cheap in Portland Or but no one wants to live there is the only problem

[@TheRealWayneTurner]

Absolutely! Reach out to me at www.wayneturner.com/buying

[@Meditations2024]

Looks like a steal in today's markets. I'm not sure the space underneath it adds much value though. Where does one go during a Hurricane?

[@epigeneticnerd4244]

I’ve contacted this guys site multiple times and nobody ever responds. I don’t get it.

[@epigeneticnerd4244]

@TheRealWayneTurner6 thanks Wayne. I text it but it didn’t go through. Could you confirm the number you provided is correct?

[@TheRealWayneTurner]

We just launched a new site, have you reached out to me at www.wayneturner.com/buying

[@stephenwatson672]

Homes are overvalued. No surprise it’s foreclosed. My grandfather lived in a small town three hours away from Dallas. Housing prices in that small town went up 30%- 50% in the past two years. It’s real estate investors. Small town folks don’t make that much, much less can afford to pay higher property taxes. Here’s the rationale: Old houses below 100 grand are now 200 or 300 grand in a short amount of time. So the housing payment in the foreclosure featured in the video is 2,000 plus dollars living in the boondocks in a flood zone. Your mortgage or housing payment has to be 30% of your income. A person who works at Alsups or Dairy Queen or Dollar General like in small towns is not bringing home close to a hundred grand annually, even if they were the manager. So now is probably not the best time to buy even if it is a low down payment.

[@dertythegrower]

There is no site url with that name.... heh

[@TheRealWayneTurner]

www.findmyforeclosure.com

[@broederbond60]

Oh no, those ceiling fans need to go.

[@STLove88]

Thanks @TheRealWayneTurner , btw, wife is interested and wants to know where the house is?

[@TheRealWayneTurner]

This one is in Slidell

[@csjackson76]

Is it possible to find a house that will qualify for a FHA loan that cost 100,000 and under…..I have heard you say that they are strict on the homes that fit their criteria. I qualify for a conventional loan as well but my credit union is just as strict…..I am single and I want affordable payments .

[@consciouscollective33]

Slidell was destroyed by a hurricane 😂

[@TheRealWayneTurner]

Slidell is not destroyed

[@dashlamb9318]

The TERMITES are an old colony that is having a smorgasbord while this video is being filmed.

[@FoodService-BillysWayHome]

Um... it would have been nice to actually see the house instead of an 8 minute selfie. Ugh.

[@adamsilberman9377]

The house was only an example my disputatious friend

[@stephenlacher587]

Finish is too nice for a flip. More likely scenario is, someone bought it, upgraded it, and then, thanks to this marvelous economy, lost it or their JAWB...thanks Joe.

[@mediocreman2]

$40 a month? That's nearly $500 a year holy smokes.

[@EmilioGarcia-fr5po]

Oh everyone loves to over us the word literally? It's not a new word

[@rm5902]

Need a elevated GARAGE !!

[@Amirealestateinvest]

I would rather buy turnkey multifamily properties anyday

[@victoriadedicova]

That's like the nices one ive seen and I've done over 10,000 of them. One mansion i went to, the guy was so pissed that they pored urine over all 3 floors of the house and left cow poop all over the house in large patties. They must have just brought the cows in and let them loose for a few days. Yeah. Fun times.

[@TheRealWayneTurner]

I bought one once that had a miniature horse living inside. Crazy things you see out there.

[@tytemind7850]

The flipping days are long gone. Wakeup or go bust

[@TheRealWayneTurner]

Not true

[@oldschooldiy3240]

Wonder why no tour of the "basement area"....

[@TheRealWayneTurner]

I apologize for that. It’s super clean and a walk out plus access to with stairs to the main home uostairs.

[@DerraKormino]

A Bank crash has less of an immediate impact on people's standard of living than inflation or currency devaluation. That the market is so negative at the moment shouldn't be shocking. If we are to survive in this economy, we need assistance right away. The ETF and stock markets are still quite volatile, just like the property market. Now all that's left of my $370K portfolio is ruins.

[@JaneAnna-j6x]

Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.

[@richardhudson1243]

Since the inception of my business, I've maintained contact with a financial advisor. In the current cultural landscape, the difficulty lies in discerning the opportune moments to buy or sell when dealing with trending stocks. This process, while seemingly straightforward, is effectively managed by my advisor, who handles entry and exit orders for my portfolio. Over the span of just a little over a year, my portfolio has seen substantial growth, exceeding $750k.

[@winifred-k9e]

I'm looking to give stocks another shot after staying on the sidelines since the pandemic. Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you can you advice me on stocks to pick?

[@richardhudson1243]

I have worked with a few financial advisors before now but i ultimately settled for Melissa Terri Swayne. She is SEC regulated and licensed in US. You can easily look her up

[@JacobsErick-u8r]

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@shahs3262]

I didn't see the link you mentioned @ 2:40 about buying houses like this with $1000 out of pocket

[@TheRealWayneTurner]

kzbin.info/www/bejne/Zoenn2eYnrx9hMk

[@AdamWest-h5z]

"raised home" In otherwords, its a FLOOD AREA.

[@AdamWest-h5z]

@TheRealWayneTurner3 get lost scammer

[@rayzimmerman2242]

Foreclosed owner must have overextended himself financially and lost this property... or maybe extenuating life circumstance occurred like he became severely ill and could not move in... maybe he passed, and there are no heirs...or his wife left him and he lost half his finances..

[@TheRealWayneTurner]

It will be a great buy for someone.

[@randalhampton2966]

So you can dig a hole and have a self filling swimming pool.....

[@tonytucker8651]

I would not buy this house. There is no money to be made. The home can't be worth much more than 205K and zero cash flow at 2.1k per month mortgage

[@_DB.COOPER]

This is why you’re poor.

[@Richard-ob5zn]

not worth $200,000

[@BenitoEstigoy]

HOW MUCH? Could you please Give more details

[@leensteed7861]

204k

[@gdaygday1209]

**HONESTLY** ......I just think how many people's lives are so negatively impacted by foreclosures. Yes, i know there is a flip side. Someone wins, but it still leaves a nasty taste in my mouth! 😳🥺

[@TheRealWayneTurner]

I've helped hundreds of homeowners avoid foreclosure throughout my career. It's never an easy thing to go through, but there is light on the other side of this for those people facing hardships.

[@jimmccandless4307]

Flipping affordable housing while our working class poor , our veterans are forced to live on the streets is criminal

[@RickHamilton-nk5pi]

It is not. There are a lot of people who do not possess the skill to fix up a house, so let someone fix it up so someone can buy it. It's not like the house is being sold over market value for the area. I flipped a lot of houses and turned over a great value for the people who bought them as the majority of them were complete renovations.

[@jimmccandless4307]

​@RickHamilton-nk5pi I was a general contractor in the state of California! Nowadays there are lots of skilled labor including illegals that are forced to work for nothing! California law limits unlicensed skilled labor to not collect for more than 500 on any job! While the ones flipping the affordable housing more than double their money.. That is why I moved on to commercial construction.. to many petty flippers Indentured slavery exist in commyfornia !

[@chrisw3421]

some seriously weird shit going on here.... the websites you mention never work, you Like comments but never reply to anyone asking for your help... lots of bot-looking posts... wtf, just be honest, it's EASIER!

[@TheRealWayneTurner]

What website didn't work? www.FindMyForeclosure.com?

[@chrisw3421]

@TheRealWayneTurner "403 Forbidden" Nope it's not, never has been in the months I've been watching your videos, hence my original comment.

[@Poncho758]

Dude fucking get on with it

[@peronotec.7445]

Wayne, Pappu chulo anything you say but please shave 🪒 🍾 that ridiculous beard and moustache 💋😂

[@TheRealWayneTurner]

I've had many compliments on my beard.

[@peronotec.7445]

@@TheRealWayneTurner Brother, just joking, whatever you want, it's wonderful. I tell you something with great sincerity, Canada and the United States are wonderful countries. "Native signature" Look at Donald Trump your true Pappu.

[@peronotec.7445]

@@TheRealWayneTurner The problem is the resemblance you have to President Donald Trump. Surely if he lets his beard grow they would look the same.

[@dertythegrower]

findmyforeclosure is not even an active page... why repeat it 5 times? hmm

[@chrisw3421]

yeah... weird

[@TheRealWayneTurner]

www.findmyforeclosure.com it's active

[@chrisw3421]

@@TheRealWayneTurner I wish we could post screen shots here... no, that site is not up it's not working it never has....

[@onlinebrown8615]

If I won't believe it, why watch it?