Trying to sell your house with a tenant living in it can be difficult
By admin - Last updated: Saturday, October 31, 2009 - Save & Share - Leave a Comment
Unless your home is in an area that attracts a large number of investors who only care about the rents being paid, trying to sell your house with a tenant living in it can be difficult. Problems and issues you will encounter that might slow, delay or make it impossible to sell your home include:
- The sale is subject to tenants rights. Make sure you are familiar with tenants rights. Potential buyers may not be interested in viewing a home that they will not be able to receive immediate occupancy.
- Staging is in the hands of the tenant. Staging your home to appeal to buyers who view it is important. A tenant may not have the furnishings the compliment your home’s living space.
- There could be cleaning or repair issues. In order for your home to give the best first impression attention must be paid to picking up, de-cluttering and repairing items around the house that are in need of repair.
- Buyers are unable to get access. The tenant may not be eager to move or have people walk through their living space. Attempts to see a house with no luck will turn off a buyer quickly.
You need to consider all of this before listing your home for sale while a tenant resides in it. Your real estate agent should be able to provide sound guidance.