We Bought a Bank Owned Property Sight Unseen. Foreclosure Fixer Upper - Episode 1

After 8 months of searching, we found a house that we loved. It was on the other side of the country and had been unoccupied for 3 years.
This is the first time seeing the house or town.
The basement was flooded, which our home inspector identified as a blocked sewer line after some rain.
It turns out the bank had not shut the water off and the slow drip burst almost every pipe in the house...

[@aok2727]

Ok Hank, we are ready for the next installment

[@toddc4677]

I am not sure how far you are going to take the demo, but I think it would be a good thing to gut the basement. That place has been damp for 3 years. The mold and water damage to the drywall and studs has got to be a huge mess.

[@mvso1]

Master Mumbower nailing it. If I ever need to remove kitchen cabinets, I'm calling you! Good luck to you and Sam.

[@CMcKinnon1013]

LMAO... Im sorry bout the cabinets sorry for laughing.. It was funny.. Should rewind and look at yr face

[@deerhaven3350]

Wow, you've made a huge amount of progress in your first day! I've rehabbed six different fixer-upper homes; the last one had sat empty for more than five years. One thing that I would always say to each home is: "I'm going to give you your dignity back" and I would also take the time to sit quietly with it at some point during the process. Take care and best of luck to you.

[@lawrencemitchell5983]

We are originally from California (but now live in The Deep South), the prices of California homes are eye watering 😂, maybe this was part of y'all's motivation. Looking forward to the project!

[@ericar8162]

Moved from Oregon to Mississippi 2 months ago, found a 4 bed, 2 bath (2400 sq ft) on an acre for 75k 🙂. That would be a minimum 500k house in Oregon. It needs renovated but is totally livable while we update things. Couldn't be happier 😁.

[@machellep1]

Pipe froze…no heat in the house . Find the shut off outside! Over all it’s a nice house stuck in the 70 s.

[@bettycourson1691]

Sometimes it’s good sometimes it’s bad. I think you got taken,can’t wait to see your work along the way.

[@Cacille]

I know that house. I was looking at purchasing it right as I was getting finances together. I am very glad I didn't now that you made this video because I wouldn't have had the funds to fix the issues. So funny I found it but I know your (general) location! I know it's a corner lot and it sits sideways, great plot of land too!

[@sueschoers4974]

Hi, interesting house. Can you please do a walk through of the layout before you do too much tear out & will make for a great before & after video. Good luck on your build. Greetings from the West Coast of Australia 🇦🇺

[@rawkusrex]

only 3 minutes into the first episode and im already invested.... subscribed

[@darrelldarrell1447]

Thats a really nice house that never got updated or had proper maintenance done.

[@katsiduzynski488]

Get a wet dry tank vacuum that will help immensely. Dehumidifier also or crystal silicone buckets for sucking up damp. Like the packets that are in shoes!! They are dried in sunshine outside as to the buckets so they can reused for many times.

[@timseely]

This is great! I can’t wait to see what you guys do with the place and all the unexpected adventures along the way!

[@aliciab77]

I've just found your channel with this video! Hello from Arlington Washington-State 🎉❤

[@sapphire56695]

Wow, this looks like a money pit! Good luck! Also, I just had to comment because what you did in place of using a dustpan is pure genius. Thank you for the cleaning idea!

[@1947maco]

vacant 3years with major water leaking all over!! Got be mold all over !! Yes to wearing a mask & probably will need an abatement for the mold !! Good Luck & take good care !!

[@infinitetanner]

Us?!Oh we were just minding our business, and KZbin was like "watch this video" and my spouse and I literally had our jaws on the ground for 20 minutes. That house has not been lived in since 1992..Also, I did not see a single update in that house, not a single one...Best of luck lol

[@carolkokx9638]

Interesting style of house

[@carolkokx9638]

Will be interesting to see how you renovate this house

[@MarkSDCA]

Those are the cabinets I had in my kitchen. Kinda miss them.

[@wnytrashtrucks]

looks like you will need to rip out every wall to check for mold and burst pipes.

[@marcinasia1731]

i would have saved and beefed up those kitchen cabinets .. i have remodeled many mobile homes and those cabinets are an upgrade! lol

[@terrig4750]

Maybe need a dehumidifier to get excess moisture out of the house.

[@ShortVersion1]

Haha our house had ALL the same finishes! This really brings me back! Good job 🎉

[@you2449]

Plumbing disasters. Great video production, audio & editing. And a curiously diminished/Americanized Brit (or Aussie) accent. Instant Sub!

[@daniel.s8126]

Yeah, I though the same regarding the accent. This here Aussie has just subbed too.

[@KiwiCatherineJemma]

Yeah straightaway I reckoned an Aussie accent, but I just found this channel so I don't know this dudes backstory.

[@timunderwood1020]

New subscriber. I can't wait to follow along with your progress. This house is unique. Hopefully I'll get up to date with your videos in the next few days. Best wishes from "East" coast of Australia.

[@teghanni]

Thanking KZbin for recommending your channel! New subscriber!!

[@dianenamciu638]

So far, baby steps…but how exciting!!

[@airbrushken5339]

My father was a painter in Michigan with a small crew of 7 guys back in the 70-80's... he had maintenance contracts with hospitals and Banks.... often a bank would reposes a home and my Dad would go in after any minor repairs, like tiles or carpet and paint any thing that needed it... the bank would then run an Auction to get their funding back and any extra would go to the owner. I know the bank hated it when the they had to pay the owner some funds...lol I'm surprised that bank waited so long before putting it on the market. I'm truly sorry you bought it, as I have a builder's licence and that place is a money pit!

[@larry5948]

This will be a great adventure for family!!

[@cscms28]

that mural and wall carpet under the bar area sure was swanky back in the day. very progressive then.

[@youknowme8578]

As a retired plumber, I hope you did a pressure test on all the water pipes before turning back on.

[@hank1234567890]

Check out the next episode!

[@dzenan7322]

I was thinking same. As a plumber I cringed when he said all was repaired and he’s used SharkBite

[@youknowme8578]

@@dzenan7322 I agree, depending on quality of the water, and pressure, the shark bite may last between 5 to 15 years, in my day we sweated copper pipes together..

[@chooky7814]

I think you should have replaced ALL the plumbing... What will stop the pipes busting again??

[@hank1234567890]

@@chooky7814 The pipes burst because the water was on with the house unoccupied through a winter. Water expands when it freezes and that's what burst the pipes. We have moved all pipes from exterior walls so every pipe will be in a climate controlled area.

[@natetrussel1211]

I’m so invested.

[@luckylunaloops]

Wouldn't the foundation, under the floor, be complete mush and/or full of mold at this point?

[@lcsw1377]

You need to hire a professional mold remediation company.

[@williamrichards7081]

If you get a roto-zip tool you will have a much faster and neater job on the drywall.

[@dragontamer2613]

That siding has seen some better days

[@heatherwilkins7228]

I would check the main outside. And have a plumber come in to verify you don't have another source. The main may have been been turned on my transients. You may have other pipes in other parts of the house that are a problem.

[@wbklausmeyer]

On a house like that it would be 'down to the studs'

[@wbklausmeyer]

Looks like a lot of homes in this part of Georgia... but I saw an Illinois plate.

[@mcgama88]

It came about as inspection in a rental property I owned several years ago, a mold problem was found. This type of problem, is a very critical issue., As a new visitor to your channel, I simply hope your skill and budget can match the long term need as true mold (removal and remediation). I think it is a finding that halts any potential for sale in the state I reside within. So, I am captivated that your foreclose bank, managed a sale. As to where I managed a full control, I used a contract as to lisc. builder, thus insured and fully informed as to mold. Every photographed area was dismantled and removed, ( Included a sub roof over vapor and H2O source below, Fault continued to 1/2 basement.) And the cost added just about 10k expense within the refit to inspection and sale. I'm not sure as your beginning refit, but I would suspect any flooring, layment was water saturated as the citation (3 years) which I would suspect holds mold residue. Please understand, I convey no fault or dismay to your project. As I enjoyed refitting my rental property in excellent design features and was a super size yard, a perfect home for a renter with pets and children. As I owned the property for years, some very unique quirks were real. The seller, blinded by an escrow management that masked payments, inspectors who found faults, passed over real needs and buyers who were amazing in cringe gas light moves....various rental lease evasion, and more. But where in the end, I managed a fair profit as responsive to every manner of repair, management, and hard work required to the task. Warning to land buyers. A survey is very useful, title insurance of substance in most instance, but there can come about lawsuits as boundary dispute that for instance, I chanced to see a loss as 120k with additional law fees as expanding that sum. M.

[@Piaphamu]

This looks like a house I was looking at in WV.

[@benk7274]

love this video man would love to watch more!

[@paranihiaanaru4414]

It seems there are a lot of insane people around - if half of what is on KZbin is true. That house/habitation is more than a challenge - it's a knock-down drag-out struggle. I hope you win, good luck

[@lasalleman6792]

A lot of problems, but the basic house seem pretty nice. A lot of rehab work going to be necessary.

[@toddwynn1968]

Make sure no aluminum wiring brother

[@FreedomDrumandBass]

The foot tap at 1:31 🤣

[@judyholiday1794]

What would be the reason for all of the screws in the walls? Unless it was to be an annoyance over the foreclosure..We found cement in all of the toilets and sinks😮

[@3vs547]

So about 50 years old by the looks of the inside.

[@ericar8162]

The potential of this house looks amazing 🙂. The only thing that surprised me was as long as you were in the wall already, you had no inclination to change out the pipe that had duct tape? Or at least remove the duct tape and see why it was there in the first place??

[@hank1234567890]

The duct tape is there as “protection” from the 2x4 that surrounds it as it comes in from the foundation.

[@kjmagnon]

WOW, if the water was on it obviously be spraying forcefully out of the 1 inch split in the copper.

[@gregbolitho9775]

Dunno how much you paid for it, but, probably less than what the banks charge down here. Looks pretty good.

[@ZeeWatcher1000]

Great video Wouldn't it make sense to fully change out the pipes, in the basement at least, so you can rule out any potential damage?

[@johna9904]

tiny hole caused the catastrophic failure. All it needed was 20.00 in parts and someone that knows how to make a repair, and maybe a dehumidifier and the original family could have stayed.

[@bobbg9041]

Id presure test the plumbing you had 2 points of burst pipes and 1 broken solder joint, you can do this at a hose bib outside with a presure ga, it should hold constant presure over night id do 120 psi. For 24 hours, if the system looses air you can use smoke to pinpoint the break. Dont turn on the water untill it passes this test. By the way learn how to swet a copper pipe. Or use pex pipe crimps.

[@laurenbutler3452]

oh boy.....

[@davidhibbs6989]

You forgot to mention how much you paid for this wonderful gem of a house 😅

[@J.Lynnimus]

I wonder if that picture accidentally dropped behind the counter...or... was hidden for a reason. Check for bodies.

[@ericac6843]

Interesting. I'm actually entertained considering that it's a bit long 20 mins. Will watch the next vid and excited to see what this house will look like in the end.

[@gregorypeterson9]

They have done some screwing in that house.

[@foxtrot9000]

what a great house, love the character

[@edwardseth1230]

for new comers to your channel, the purpose for this property is to... live in it or repair and use it as an AirBnb?

[@melissaroth4467]

Screws? The second things is random screws? Not the mold????

[@hank1234567890]

Lol! Thanks for the concern! That mold got a serious treatment before I spent time down in that basement. Every new piece of mold that was discovered was treated immediately.

[@melissaroth4467]

@@hank1234567890 Whew! Thanks for letting me know!

[@marischwab3597]

I bet a shop vac would of been better.

[@paulbillington9974]

least you shud not nead to get more screws for a while lol

[@tboettge2]

who puts carpet on a peninsula

[@kathrynmauro8673]

Originally from Southern California. I moved there as a baby and lived there for fifty-five years. Six years ago, I sold my home and moved to Central Texas.

[@aok2727]

Hank....I need an update

[@hank1234567890]

It’s coming this week! Thanks for the support

[@roberthicks9191]

those shark bites might fail also crimpers cheap

[@sandrastevens2793]

Did you not see pictures or video of house before you bought it. I would hsve had am inspection report done first by someone local to tell me if it was a yes or no! But, I see you did. The bank should hsve turned off wster, but kept hest and electric, if there was a sump pump fir water in basement. In northeast below NYC, we have mild winters. Heat can be kept at 45 degrees and turn off water or not, but electric must be on to kerp pump on.

[@forgottenalex]

AND SO THE ADVENTURE BEGINS!

[@Bigbacon]

man id be scared knowing there are sharkbites all over the place, in the walls. could save yourself a lot of money not using them as well.

[@Dialluckysocks]

TEAR DOWN AND start over

[@carolkokx9638]

So many screws that is odd

[@Godsforever1]

maybe they hung many little things i'm thinking, which is still weird

[@itsthedreaaam2988]

Crack heads most likely

[@daniel.s8126]

That’s what my place would look like if my wife had her way 😂

[@Nonsense62365]

It’s not PVC ITS PEX Pipe. PVC is white pipe you can’t use PVC pipe for culinary water. It’s illegal.

[@Bosco-gets-it-right]

How much did you pay for this dumpster fire? I guess the fir's out cuz all the water leaks...sheesh..

[@BadUncleIke]

If you paid more than $12 US, try to get your money back.

[@isartoraplatz]

$40,000 for the house $140,000 in renovations.. hahahahaha

[@chooky7814]

Still a very cheap house once finished

[@spicynomad]

no big deal. i buy houses like this all the time on ebay and craigslist and everyone crucify me for doing it. there is a reason why those homeowners (i dont buy from wholesalers or the other from these sites) went to those sites to sell their property. so i oblige them. the house is not usually up to code but i make sure its a real house and i do my due diligence.

[@tenminutetokyo2643]

It could be made into a monster if we all pull together as a team.

[@CantankerousDave]

By the way, which one's Pink?

[@georgewengler5396]

Sorry to be brutal, but you got what you deserved. Buy a house across the country? It's bad enough buying foreclosures in your own home town!

[@JulianaBlewett]

Ugh, it reeks of 1978.

[@rjjablo]

Get a big dumpster

[@hank1234567890]

check out ep.02!

[@davepicard4476]

I think u should get someone who nows what they are doing cause clearly u don't

[@hank1234567890]

Are you available for hire?

[@stevencoenen9126]

Don't forget a mask over alls

[@elephant1992]

You going have to replace that water heat A big crack in it

[@elelegidosf9707]

Why do Americans / American - influenced people say, "sight unseen". Why not just say, "unseen"? What other kind of unseen is there? "Hearing unseen"? "Touch unseen"? There's no need to specify that it's "Sight unseen". English as spoken by the Colonials is most bizarre.

[@michael-1382]

to me, I would think its "site unseen" which would make the most sense... but who knows. I looked it up a its not specifically "sight" or "site" lol but I get what you mean

[@oNeGiAnTLiE]

Kind of like "pre-drilling " One can not pre drill a hole One can drill a hole

[@CantankerousDave]

You've never heard/said "seen the sights"? Same root.

[@chuckschillingvideos]

Sorry, but it is completely idiotic to buy a piece of property sight unseen. Whatever problems you run into are completely on you.

[@tomwooley743]

you are way over your head.

[@hank1234567890]

Probably!

[@mariocardamone1846]

why dont you use a knife