Buying A Repossession - Changing The Locks And Resetting The Alarm

The problem with buying a repossession is that generally the tenants will know they are due for eviction.  You can tell that the general maintenance in the house we bought had been allowed to slip, even though it is only seven years old.  When buying a repossession, or any house for that matter, it is worthwhile remembering you don't know who has a copy of they keys. Add to the fact that a repossession was probably involuntary and the ex tenants may not be happy about it. It may be a pessimistic view of people, but they are your possessions.