November 29, 2016
When an investor sells a property, many times the objectives of the seller conflict with the needs and wants of the tenants who live in the property. Sellers are permitted to sell their property at any time and of course they want to sell the property for maximum dollars and as quickly as possible. On the other hand, tenants have a right to enjoy the property and a right to privacy. As a result, there are times when sales fall through because over-demanding sellers and uncooperative tenants end up chasing potential buyers away. For sellers, the bottom line is to get as many buyers as possible to walk through the property and this won`t happen with unhappy and uncooperative tenants. Here are a few tips that will help the next time you sell an investment property.
Selling a Tenant-Occupied Property