Growing on foreclosed or bank-owned property

[funkervogt]

Would this be a bad idea? I live in a rural area with many foreclosed houses with plenty of wilderness around. I figure these would not be frequented often, ideal for guerilla growing.

 

[Gantz]

if there are no signs or fences around, you could explore the area. watch out for signs of human presence like cans of beer/soda and other things man made that shouldn't be there and then make a correct assumption on the real frequency of human presence in that area. if the area is indeed safe for growing...then the rest should be easy, right?

 

[Johnny Rotten]

Yes, go for it. Just use your head. I would grow on surrounding vacant lots and use the empty property as easy access and cover for operations. You may want to do a little research on the properties to see where they are in foreclosure. They can stay in limbo for years until they get the paperwork done and they are back on the re-sale market. I would stay away from the ones that are currently listed for re-sale and focus on the ones that aren't.

 

[funkervogt]

Yes, go for it. Just use your head. I would grow on surrounding vacant lots and use the empty property as easy access and cover for operations. You may want to do a little research on the properties to see where they are in foreclosure. They can stay in limbo for years until they get the paperwork done and they are back on the re-sale market. I would stay away from the ones that are currently listed for re-sale and focus on the ones that aren't.

So use one foreclosed property as a landing point and plant on the surrounding foreclosed properties - got it. There are plenty examples of those kind of situations here - entire neighborhoods foreclosed on.

 

[Molson]

I remember reading in silverback's gorilla primer that one of the best ways to find grow plots was to look for abandoned or foreclosed properties. If it looks good go for it. One of the best things about these spots is a lot of times there's already roads/driveways into the properties so parking is not a problem and a lot of times they're secluded.

 

[funkervogt]

^^
Know where I might be able to find a copy of that primer?

 

[tomsawyer]

Keep in mind that even if a property is foreclosed, there is still going to be someone coming around to mow the grass and stuff. They do it rarely, but they definitely still do.

Unless its a house in the country with a lot of acres, it might not be the best spot.

 

[microgram]

The only way to know for sure is to evaluate and scope out. It's a little late now in north america to do that, except if you want to look for footprints. It would be a very interesting grow, and you would most certainly have to post abundant pictures on here!

 

[zenoonez]

Why not buy up the foreclosed property and then grow in them?

 

[funkervogt]

Why not buy up the foreclosed property and then grow in them?

You got some money?

 

[Harvest]

sketchy.

 

[zenoonez]

You got some money?

I wish, if I did I would be doing it. Saw a 4 bedroom 2 bath on 10 acres sell for 40000 about three weeks ago.

 

[Strainhunter]

You got some money?

Find a FC property suiting your needs, look up who owns it (public records) and make an offer on it.
Since you don't have the $'s to pay for it cash...make a deposit (normally 20%) and get it financed.

A 50K property with 20% down (10k) will cost you $266/month @ 7% APR plus taxes and ins. if your credit is not the greatest.
$321/month @ 9%APR if your credit really sucks.

 

[Johnny Rotten]

I think buying the property kills the point of doing it guerrilla style. You don't want anything tracing back to you...at all. If you're going to do that, buy the damn thing and do it indoors.

 

[Strainhunter]

I think buying the property kills the point of doing it guerrilla style. You don't want anything tracing back to you...at all. If you're going to do that, buy the damn thing and do it indoors.

Owned or not the whole point is not being discovered...
Owning where you grow allows you far more control over "visitors".

 

[Johnny Rotten]

I'll refer you back to an eloquently spoken qoute by our former sec. of defense Don Rumsfeld:

"There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we now know we don’t know. But there are also unknown unknowns. These are things we do not know we don’t know. "

 

[darby crash]

Look for foreclosuers with larger tracts of land, and go out now to check them out. Winter is the time to look for trails and other access points into the property that you maynot otherwise see in summer. Find a secluded area and plan your grow around it. Get your supplies in while its still abandoned. Even if the property changes hands, your plants should be sufficently camoflauged.

Maybe instead of checking on the property's foreclosuer status, the best thing to do is to go to a local realtor's website and see how long its been vacant. The website will also be a good way to get some leads if you don't have any.

 

[Strainhunter]

....

Maybe instead of checking on the property's foreclosuer status, the best thing to do is to go to a local realtor's website and see how long its been vacant. The website will also be a good way to get some leads if you don't have any.

Won't work if they are not listed with a Realtor.

Many Bank owned properties are sold off @ court auctions (Foreclosure auctions) and never have been listed with a Realtor once they got foreclosed up on.

Personally there is NO WAY I would grow on a Foreclosed Property.

Why?

Because I am familiar with the process those properties go through and there is an increased risk such as appraisals, general evaluations, city/county inspections, Bank inspections and of course inspections by prospective buyers.
The last (prospective buyers) may not visit the property now this week nor next week nor month but keep in mind it will take 'till fall next year for your crop to finish giving it a LONG TIME to be discovered and all your hard work being destroyed.