Socialise With Us! Stay up to date with us on social networks.

How to Sell Your House that is already occupied by Tenants

If you have decided to sell off your tenanted house without a pre-planned time frame then you may do so and prepare yourself for the lease to expire. This is usually the best way to do as in several cases the present tenants may not like to exit all on a sudden just because the landlord wishes to sell the home. After all tenants need to spend a lot of money to transfer their movable properties and a home similar to the one they are staying may not be instantly available. It is therefore reasonable to assume that if you are ready to wait till the expiry of the tenancy then you may make plans to sell house fast and without any hurdles.

iBusiness Blog - biz 4994

Solutions with sitting tenants

You may sell your property even while you have tenants occupying the whole, half or a part of it. You may have some problems if your tenant is not having good relationship with you. In case your tenant is not in best of terms with you then he or she is sure to create trouble. You may then have to balance your entire act delicately so as not to antagonize your tenant into submission.

When you take a step towards selling house with sitting tenants you must have rehearsed your act correctly as this may be your very crucial move. You must not show your intent immediately, but must have planned your steps in advance. For instance, you ought to have tried to pacify your tenant if the latter has shown disapproval in the past.

You may then take the first best step to break the news to your tenant first if the lease agreement has not yet expired and the tenant is not in good terms with you. You may convey your own difficulties as well as offer to sell the home to your tenants if they wish to purchase it. This could be a good beginning for bringing about thaw in your relationship with the tenant.

Other steps to follow

If your tenant is not prepared to purchase your house then you may easily look for other agents or property dealers. If the prices of properties are good then you may make a deal quite easily yet if the prices are down then it would be better for you to search for cash home buyers online.

These common sites interact quite rapidly with genuine buyers and sellers and extend all support to them free of cost. There is in fact no commission to be paid or other hidden charges. Your only responsibility is to identify a few good buyers from their website and then negotiate a convenient price. You may even ask for guidance on how to sell house with sitting tenants by placing a query on the website and they may help you identify some good buyers.

These buyers may not bother about the tenant so long as they find that your intentions are genuine. You may also get better price than what you would get through agents.

Add a Comment