Hampden Homebuyers - We Buy Houses Springfield MA Sell House Fast
Dang these weeks are flying by…. Well as expected we hit some delays on a couple of our closings, and only ended up buying one property, the other four are on hold due to banks and appraisers mucking things up.
Bessemer is still moving right along. Here is a video update:
Here’s a look at the front of the house with the new roof, new windows, and stripped siding.
We are one week into construction on Bessemer St. Here is a video update:
Construction for this project should run another seven weeks. So far we have been very happy with our new contractor Jason. We have had some bad experiences with contractors over the last six months… cost us alot of time and money…. There are alot of guys out there right now who are very hungry for work and they will tell you they can do anything, than you give them a project and you soon find out they are in way over there head. Just make sure you are screening them well.
I think we bought another house yesterday… we still have to execute contracts but we came to a verbal agreement. I’ll post more details about this one in another post.
Heres a video I took Monday of the progress so far at Bessemer St. Things are moving along well.
We are starting to get some good publicity from this project. We did a photo shoot yesterday with our local paper that is going to be running a story about the house and our rehab work. We were also invited to a Springfield Community Group to talk about this house, our company, and how we renovate houses and improve neighborhoods. Several of the attendees were giving us leads on vacant houses that needed work!
Still no closing on the fire Damage Three Family, there are some title problems that need to be fixed. We did put in an offer on another three unit property located in Forest Park. It is a pocket listing that an REO agent brought to us. We’ll see what the bank thinks of our offer. We’re about $20k below what they are hoping to get for the property. If we can make a deal it will probably be a buy and hold for us as it will cash flow very nicely.
I’ll post some more updates tommorrow about our other deals and what we are currently working out.
It was a fun weekend here in Massachusetts. Friday night I went to my good friends wedding, Saturday was beautiful and I got a chance to do some yard work around my house. Sunday I took a trip to Bessemer St to check out the progress. We’re three days into the work and so far it’s been nothing but yard work, clean out and demo. I have a feeling this house is gonna take 5 dumpsters.
Speaking of Dogs…. I said I would post pictures of the dogs in their cages… here it is!!!!!
Dog in Cage
Breezeway After Cleanout
Kitchen after Cleanout and Demo
Wall being removed between Kitchen and Living Room
Bathroom after some Demo
We closed on Bessemer on Tuesday and work got underway today. The guys cleaned up the yard and began airing the house out. A dumpster will be delivered tommorrow and clean out of the inside will begin. It’s gonna take a few dumpsters on this job as their is quite a bit of trash in the house. The Humane Society will be coming tommorrow to get the four dogs.
The contractor we are using is actually one of the guys I found on the Craigslist ad I posted about last week. He has rehabbed a few houses for himself in the past and he was actually already on my buyers list… and I didn’t even realize it. He has been doing new construction for the past two years but wants to get back into doing rehabs. This will be a good one to start on.
Here are some pictures from today, including photos of the inside, you can see how trashed the place is:
Bessemer Before Day One Work
Bessemer After Day One of Work
Breezeway
Kitchen
Most Disgusting Bathroom Ever
Living Room
Kitchen 2
Dining Room
Bedroom Where Fire Started
First Floor Bedroom
Back of House
The hardwood floors will be done over at Hartford Terrace tommorrow. I’ll put up some pictures of that. We have two of our finished rehabs closing at the end of this month. Still waiting for clear title on the Fire Damage Three Family…. I don’t think we’ll be closing tommorrow on that one. We also have a rental house that we bought in February on Ladd St getting finished up, we should have the new tenant in there May 1st.
Today we closed on the fire damaged Cape that I referenced in a previous post. This house is really nasty. Here is the newscast video from the fire:
The dogs are still in the basement, we have the Humane Society coming over to remove them and give them a proper burial. The plumbing in the house was not working … so the toilet is absolutely disgusting, overflowing with waste. Once the firefighters went inside the house and saw how nasty it was the city condemned it. Maybe I’ll post some pictures when I get a chance. The rehab on this house should cost $55k-$60k. We are going to be adding a full dormer to the second level, which will give us two very large bedrooms and room for a second full bath. It will need all new windows, new vinyl siding, a new roof, new furnace, new plumbing, new kitchen, new bath, some new electric, and a new water heater. This house is in an awesome neighborhood so once the work is complete it should be an easy resale.
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