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Selling a rental property with tenants is a lot of work, especially when you have terrible tenants who make the ordeal even more daunting and frustrating. There are ways to let go of the stress of your unwanted property with sitting tenants. Find out how you can effectively deal with your situation through the options discussed in the next section.
If you have tenants on a lease who are in good standing, you can choose to simply wait for the lease to expire. Once the tenants in the home have moved out, you’ll be able to get your property in tip-top shape and make repairs and renovations before putting it on the market. This increases your chances of selling the property at a higher price. Not all landlords, however, have the time or resources to pay for mortgage while waiting for a new buyer.
If bad tenants have been causing major damage to your condo or duplex, you may choose to go through the formal eviction process to remove them from your rental property. Evicting tenants when selling a house, however, is a messy and complicated process that can drag for months. You need to follow proper rules and procedures. It will also cost you time, money, and energy to ensure that you win your case in court.
You can always sell a rental property with tenants in residence, but you’ll have to consider a lot of things to improve your chances of a smooth sale. Finding an investor or buyer who is willing to purchase a tenanted house is very challenging. Difficult tenants may make the situation worse by refusing to leave the property during open houses or leaving the home messy when prospective buyers come and check it.
Columbus Cash Home Buyers is the perfect partner if you want to sell your house but have tenants who are causing more harm than good. We provide a quick and alternative solution that takes the anxieties away so you can move forward from your situation.
Our experience working with countless landlords in Columbus, Ohio, and the surrounding area shows that our streamlined approach can help you close fast – with no hassle or pressure involved in the process.
We won’t bother you with multiple showings that may inconvenience your tenants. It will just take us one brief walkaround to assess your property and come up with a fair cash offer. Plus, we’ll take care of all the paperwork free of charge. Selling a home with tenants has never been easier.
We understand that as a landlord selling a house with tenants, you would want to benefit from a transaction that has no long waiting times and extra costs. We can close deals within 3 to 30 days, regardless of the lease expiration date. You can trust us to work diligently to get money in your pocket as soon as possible.
We can close faster because we pay in cash. We don’t have to talk to a bank and ask them to lend us money. We have funds ready to purchase more properties, including those with tenants in place. With us, there is no risk of a deal falling through because we don’t rely on a mortgage.
Stressing on how you’ll pay for renovations to a property that has been damaged by a section 8 tenant? Don’t worry about making any upgrades. No matter what condition the property is in, we’ll be interested to buy it. We’ll consider your property’s unique features and the costs of needed repairs when making our fair cash offer.
Dealing with tenants in situ can be very costly, and we do not want to add to your expenses. We do not charge any fees when we buy your house. You’ll skip shelling out money because we’ll pay for all the closing costs and any other fees involved in the transaction.
You have to adhere to laws and notify tenants of the sale of a property through a formal letter. Let them know about your plan to put the property out in the market and give them ample time to make their next moves. Give them as much information as possible, including details about dates and time of inspections, how you plan to advertise the sale, and the like.
Leave all the headaches behind and let us deal with your tenants. If you choose to work with us, we’ll be the ones to take care of this process and find solutions.
Tenants can make or break a sale, so it’s best to keep a good relationship with them during the sales process. Getting your tenants on your side can make showing a rental property with tenants as smooth as possible. You can get them to cooperate through clear and constant communication or by giving incentives like rent discounts.
You need not disrupt tenants with multiple showings. We’ll only require one quick walkaround to evaluate your property and give you a cash offer. Once the sale is done, you can let go of all responsibilities and let us handle all viewings with prospective buyers.
As the owner of the apartment or house, you have every right to sell the property whenever you want to. But just because you’re the landlord selling the house does not mean you can do that however you please. You’ll need to give tenants adequate notice before inspections. If you’ve made all reasonable efforts but tenants are still refusing viewings, then you can seek legal help and file in court.
You won’t go through all this trouble if you sell your property to us. We’ll be the ones to work with tenants and effectively schedule successive viewings with prospective buyers.
Thoroughly understand your landlord rights so you can take concrete steps when a tenant destroys your property. Ensure that you take photos of the destroyed house and gather all pieces of evidence against the bad renter. Seek the help of legal experts to build a strong case and file in court.
We can give you a fair cash offer for your damaged property. We won’t require you to fix it up or make renovations. We are prepared to purchase properties regardless of the situation or condition, even if you have the worst renters. Contact us if you’re looking to sell your house fast for cash.