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Your A Landlord With A Tenant

Your a landlord with a tenant and want to sell your house direct, off market, for cash and you’re wondering how to. It is a fairly common question I get. 1) Yes, in nearly all cases the buyer will expect the tenant out at closing and expect that in writing 2) It helps greatly if your on a month to month with the tenant. 3) Once you the seller has provided the buyer (example – Mission Va LLC – me ) the house address. By using my software I can pull up a lot of information, which I need on the house. I then can do a drive by and a ” comp report ” to first see if this is a house that may fit as a buy for me. Reminder Mission Va LLC is not a middleman/wholesaler but the actual end buyer. Mission Va LLC is not intending to “assign” or “wholesale” to another actual end buyer for a fee. 4) Let’s say it is a potential fit. The next step is for me is to inspect the property. I must look at it to evaluate its condition first hand and estimate renovation costs. But how you ask it’s rented? That is easier than you think. You simply tell your tenant your having a builder (me) look at the house and schedule an hour for this to happen. 5) After I have sat down with a cup of coffee at my desk estimating, reviewing and estimating I can make you a cash offer. If it is a win win for both of us then we move on to step 6) picking a closing date that works for you with consideration of your tennant. So far it has yet to be an issue unless your tenant refuses to leave, example family member. That’s when I step back and you the seller will have to work that out obviously. Again, it’s actually pretty easy

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