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Are you dealing with bad tenants who make it difficult to sell your rental property? The ordeal can be overwhelming, especially when you have terrible tenants who don’t pay or damage the property. You’ll get tired and frustrated with all the hassles that are draining your savings. Selling a rental property with tenants can be tricky, but there are ways to control the situation, let go of the stress, and move on. Here’s how.
Many property owners choose to wait until the lease has expired to sell their rental home. This is the easiest method for those who have tenants on a lease and are in good standing.
Once your tenant has vacated the home, you’ll be able to thoroughly clean and stage the property and have better chances of selling it at a competitive price.
This option, however, won’t work for landlords who cannot afford to have their house vacant – and pay for mortgage payments – for a few months during the transition.
If tenants are still living in the home and you want to sell your damaged property, you can choose to serve them with an eviction notice. Thoroughly go over the lease agreement and check landlord-tenant laws in your area to ensure that you give your tenants proper notice. If this is successful, you’ll get total control over what to do with the property to achieve a fast sale.
Evicting tenants when selling a house, however, can be long and complicated and you may run the risk of having an irate tenant who’ll do more damage to the property.
Selling a property with tenants in residence has its advantages and disadvantages, depending on your relationship with the tenants. If you gain their cooperation, you’ll be able to avoid a stressful eviction and will not need to wait for the lease to end.
Conducting viewings with tenants in situ can be very difficult especially when the tenants do not want any disturbances. You’ll also be limiting your prospects to investors who would be interested in a tenanted house.
If you want to sell your house fast but have tenants, we offer the ideal solution to your rental property woes. As leading cash investors, Sell My House Fast Houston TX moves quickly to take the property off your hands and relieve you of the burden that comes with being a landlord who is selling a house with bad tenants.
We’ve bought plenty of properties from landlords in Houston, Texas, and the surrounding areas who simply want to sell without investing too much time and making any costly repairs. Contact us and we’ll make a fair, free, and competitive offer for your rental property.
Our stress-free and straightforward process means you won’t have to worry about getting your tenants to prepare the home and make it buyer ready. All it takes is just one quick walkaround for a free valuation of your property and we’ll make you a fair cash offer within 24 hours. We make selling a home with tenants as hassle-free as possible by taking care of all the paperwork to get the cash in your hands fast.
We understand how selling a property with sitting tenants can be a lengthy and expensive process, especially if you’re going the conventional estate agent route. As the fastest cash house buyers in the area, we can successfully close a deal within 3 to 30 days, regardless of the lease expiration date.
Even if your rental property has tenants in place, we can buy it fast for cash. Forget the risks of a deal falling through, because doing business with reputable cash investors like us means you don’t have to wait around for a bank to approve our mortgage loan. We already have the money to buy your property upfront and we’ll help you get to closing in no time.
We are real estate experts who can find solutions to fit your needs, no matter your situation or the condition of your property. Has your rental home been damaged by a section 8 tenant? Does your condo or duplex need some upgrades? These issues do not matter to us as we can purchase your property as it is. You can trust us to make a fair, fast, and honest price for your house.
There’s nothing more convenient than working with cash home buyers who will not charge any commissions. We can help you achieve a fast sale without requiring you to pay for closing costs or other fees associated with the transaction. With us, you’ll get to save more because we’ll buy the property and deal with bad tenants at no cost to you.
Landlords will have to consider a lot of things before putting a rental property on the market, and a priority is to ensure clear and effective communication lines with tenants. Sellers must be responsible enough to notify a tenant of the sale of the property through a formal letter.
Most tenants will check for specifics so it’s essential that you give them as much detailed information as possible. These include how you’ll notify tenants about showings, the number of hours of notice you’ll provide before showings and all the nitty-gritty about how you will handle inspections and marketing upfront.
Selling your rental property to Sell My House Fast Houston TX enables you to skip all the hassles because we take care of this process for you.
Showing a rental property with tenants in place can work to your advantage or can be a big problem altogether.
One of the best ways to get your tenants to cooperate with you is by keeping open lines of communication. Keeping tenants in the loop throughout the sales process will give them enough time to prepare for showings. You can also give incentives to cooperative tenants and get them motivated to help you keep the place clean and looking good for potential buyers.
Doing business with us frees you of any inconveniences that are associated with multiple showings. We’ll only need one quick walkaround to make a free and fair valuation of your property. Once we close a deal, we’ll assume all responsibilities and take care of all the viewings with prospective buyers.
A landlord selling a house or apartment with tenants is the rightful owner of the property, but the tenants still have the rights to live in and use the property.
There are instances when tenants refuse entry to a landlord, usually because of conflicting schedules or lack of convenience. Landlords will also encounter tenants who continually refuse viewings of the rental property. The best way to resolve the situation is for the landlord and the tenant to negotiate an agreement that is most convenient for both parties. Make sure that you follow all legalities and give reasonable notice before showing the property.
We make the process easier by requiring only one viewing to assess the property. Once the house is sold to us, we’ll be the ones to communicate with the tenants for successive viewings with prospective buyers.
It is important for a landlord to know his or her rights especially when a tenant destroys a rental property on purpose. In most areas, the tenant is responsible for any damage that the tenant caused, whether directly or indirectly. Still, it is best to know your local laws to ensure accountability.
Get proof of any damage or violation by documenting everything as thoroughly as you can. Try to negotiate with the tenant and talk about the repercussions of a destroyed house. If a renter is still uncooperative, you may seek legal help, serve an eviction, or file for a civil suit.
You can always sell your house fast for cash. It won’t matter to us if you have the worst renters or your house is in terrible shape and you don’t have the means to fix it up. We’ll deal with it for you and close a transaction in under 30 days.