If you own tenant occupied investment property in Denver that you want to sell, Property Scouts can help you through the complicated selling process.
Having investment property sounds good, but as a landlord, it can be a nightmare, especially if you want to sell it. If you’re lucky and have tenant occupied investment property, your tenants will cooperate and there aren’t any issues.
You want to sell, but you don’t want to risk losing good tenants, then be stuck with a vacant Denver house as it sits on the market. While the lease you have on the property gives you rights, it also gives the tenant rights too. So, you must be careful not to violate their rights while you protect yours. Nor do you want to risk missing the opportunity to sell the property. What a conundrum right?
Is the lease a month to month lease? Then ending it won’t be that difficult. You still need to provide your tenant a reasonable notice, typically that is 30 to 60 days. If the lease is a fixed-term lease and it’s in the middle of it, the situation is a little different, starting with who buys your Denver investment property. They are going to be willing to take on the rest of the lease. Or you will need to offer your tenant an incentive to move out early. If the lease has an early-termination clause, then you have a level of protection, and so does your tenant.
If your Denver, CO tenant has any violations within the lease, evicting them is possible, but that can be a long, drawn out process, and if they fight the eviction, even longer. In general, landlords try to avoid evictions because of the hassle and time, not to mention the costs. By selling your Denver, CO tenant occupied house for cash to a real estate investor, you can avoid that whole ugly eviction process and move on with your life, with cash. You avoid the eviction process. You get the cash. The buyer deals with the eviction and the tenant. No need to clean, market, or show the house. No appraisals. No Inspections.
The Direct Sell
Selling your Denver tenant occupied house will have so many benefits for you. Real estate investors like Property Scouts do not have any problems taking over a tenant occupied property, whether they are in good standing or not. Selling direct to us will save you time, make you money, and release you from your obligations. We save money by nothing having to advertise and market a rental, show it to prospective tenants, do all the background checks and screening process. Most real estate investors are experienced in dealing with difficult tenants and working through the eviction process.
If you have a tenant occupied Denver house you want to sell, Property Scouts can walk you through the process that will keep you out of legal hot water and still give your tenant the fair advantage. Even if you don’t sell to us, we are here to provide you information on the process.
If you’d like information on selling your Denver, CO house for cash with a quick closing, even tenant occupied property, give us a call today or send us a message here!