Barb Schlinker The Real Estate Voice

Selling a Rental Home

Informações:

Sinopsis

Sometimes people have to sell a Rental home, what are some of the things they should be prepared for?1.First, with the recent Covid Pandemic, there were some Federal and State tenants rights in place that protected tenants from eviction for 30 days after failing to pay - in that the landlord had to give 30 day notice to quit or pay rent where as the state law is typically 10 days.●Those moratoriums ended in for both Federal and State on August 25●If a landlord has a tenant who is not performing they can go through the normal eviction process.2. One of the top questions I get from landlords hoping to sell a rental is whether or not they should sell it with the tenant in place.●Although most landlords do not prefer to have to pay the expenses of a property without having rental income…in most cases selling and showing a home with a tenant there does not go well and here is why:○Tenants don’t want to leave therefore they are reluctant to allow showings and even more reluctant to have it look good during showings