You might be wondering how to sell your investment property in North Port when other people are living in it. The selling process can become a bit more complicated but Stage 94 Real Estate can make the process simple. In our latest post, learn more about how to sell your house with tenants in North Port.
As a landlord, there may come a day when you wish to sell your North Port house. Even if you have tenants, you have choices when it comes to selling your property. It is your property and you may sell it if you wish even if you have a current lease in place. You can either let tenants know in advance that you have plans to sell the home or you may choose to wait until you are further in the process. That being said, the tenants have rights, and you want to make sure you aren’t violating them. Below, we discuss common things that arise when you decide to sell your house with tenants in North Port.
The Lease Situation
What does your lease situation look like? If you have a month to month rental agreement , ending it shouldn’t be too difficult. It should be as simple as giving your tenant enough notice. But if its a fixed-term lease with no early termination clause then things can get tricky. If you want to sell mid-lease, you’ll either need to sell the property to an investor like Stage 94 Real Estate who will honor the lease, or give your tenant some sort of incentive to move out. Remember, the tenant has rights too under the fair housing act, and if you violate those rights, you could find yourself penalized.
If You Have Difficult Tenants
When a tenant breaches their lease, most landlords try to avoid the eviction process now days. The simplistic way for North Port landlords to wash their hands of trouble tenants is to sell their house directly to a cash buyer like Stage 94 Real Estate. You will be able to have your cash in hand and be able to focus on more enjoyable things then dealing with a terrible tenant. Stage 94 Real Estate will simply take over the lease and deal with the tenant.
Selling Directly
If you want to sell your house with tenants in North Port, then Stage 94 Real Estate may be the perfect candidate. We love taking over properties that already have settled renter in place, because it save time and money on advertising, marketing and interviewing for tenants. Even if there is a difficult tenant living in the home Stage 94 Real Estate has no problem buying your property as-is and dealing with that tenant.
If you want to sell a house with tenants in North Port, we would love to work with you!
To get more information about how to sell your house with tenants in North Port give us a call today!
About Stage 94 Real Estate
Hi! 🙂 We are Cliff & Shannon and we are Stage 94 Real Estate! We are a real estate solutions company who help homeowners that are in unique real estate situations. We buy homes fast in cash that are either distressed, burdensome, or unwanted properties. We provide an easier, faster, simpler way to traditional selling of a home. Come learn about us & see if we can help you. Fill out a form or call us now!
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