How Do I Sell My Rental with Tenants in Grafton, WI?
How Do I Sell My Rental with Tenants in Grafton, WI?
Have you decided that you are tired of being a landlord and would like to sell your rental property in Grafton, Wisconsin? If you currently have tenants living in the home and you're not sure what to do, but you know you want to retire from the role of landlord, this article is for you. We are here to walk you through the process and the steps you need to take.
Wait for the Contract to Expire
The problem with wanting to sell a rental property with current tenants is that they may be legally bound to stay in the home. If you stated specifically in the contract that you can evict them if you are selling the home, then you can sell it without any problems and they are forced to move out. If the contract does not say that, then you may be stuck waiting it out until their contract is up. Here are the pros and cons of holding on to the property with tenants for a little bit longer.
Pros
Repairs/renovations
If you have a good relationship with your tenants, then you may be able to go in the home and see what repairs will need to be done to sell the place. If some things need to be done you can offer a rent discount if they make some of these minor fixes. Maybe they could paint some of the walls or replace the old flooring.
Pays down the mortgage
If your tenants are still paying down the mortgage for you, that is more money you can cash in on once the property sells.
Cons
You are still the ‘landlord’
If you are legally bound to the contract, then it looks like you will be stuck playing the role of landlord until the contract is up.
Sell Your Rental with the Tenants
There is a chance that if you put your property up for sale your current tenants can get the hint and may voluntarily move out. They may ask you if they can just break the contract and move out early. If they want to stay in the home and are stubborn, then there will be some pros and some cons to selling the property.
Pros
An investor may want to purchase the property
If you are able to find an interested buyer who will use the property as an investment, then this may be a golden opportunity for them as they will already have a renter once they purchase the home.
Cons
Stubborn tenants
If your tenants are stubborn, this can make it really difficult to show the property. Your tenants may be a pain and not allow anyone to come to walk through the house. If someone does come to see the home, you won’t be able to guarantee the condition of the home. This can make the selling process extra difficult.
Sell to a Cash Buyer
A cash buyer will purchase your property even if you have tenants living in it. They will purchase the home in any condition with cash. This is especially a huge benefit if your tenants have destroyed the home.
Pros
Purchase as is
Pay with cash
Sold in seven days
Purchase with tenants
Cons
Angry tenants
There really aren't any cons involved when you sell your property with tenants to a cash buyer. A cash buyer is an investor who will purchase any home as is, and they are willing to take on your disobedient renters.
The process only takes seven days once you accept the offer. Because cash buyers have the funds already in hand, you will not have to wait for the buyer to get approval from the bank. It is fast and simple. You can get out of your rental property as quick as you would like.
Here at Fair Deal Home Buyers, we will purchase your rental property in Grafton. Feel free to call us today at 414-409-8251 about any questions you may have. We look forward to hearing from you!
If you find yourself needing to sell your house quickly and want to work with trustworthy home buyers who offer fair deals and exceptional service, Fair Deal Home Buyers are definitely the way to go. I couldn't be happier with the outcome. Give them a call, and you won't be disappointed.
Fair deal home buyers are a life savers, I had an urgency to sale my parents house that I inherited and had some complications with the POA but Amir Erez was so helpful speeding up the process with their lawyers and in three weeks they closed on my house and I got cash in my hand to be able to move on. Thank you guys for your help. Definitely recommend it.
Our experience selling our home with Fair Deal Home Buyers was a positive experience. They were quick, efficient, and worked with us, even though we were no longer in town.
We had such a great experience working with Nina. She made the process so easy! She presented our options clearly so we were able to make an informed decision to sell our house quickly. She listened to us and paid attention to every detail - HIGHLY recommend!
I had the pleasure of working with Fair Deal Home Buyers, and I must say it was a fantastic experience from start to finish. If you're in a situation where you need to sell your house fast, I highly recommend giving them a call.From the moment I reached out, their professionalism and expertise were evident. They walked me through the entire process, answering all my questions and concerns with patience and clarity. It's clear that they truly understand the real estate market and the needs of homeowners.What sets Fair Deal Home Buyers apart is their commitment to integrity. In an industry where trust can be hard to come by, they prove themselves as reliable and honest home buyers. There were no hidden fees or surprises along the way, just a straightforward, fair deal.They made the entire selling process incredibly convenient. Unlike traditional real estate transactions, when something small came up they were on top of it and helped navigate and resolved the issue. Fair Deal Home Buyers streamlined everything, making the sale efficient and stress-free.Furthermore, their responsiveness was outstanding. They kept me updated every step of the way, ensuring I felt comfortable and informed throughout the process. It's clear that they prioritize their clients' satisfaction.In summary, if you find yourself needing to sell your house quickly and want to work with trustworthy home buyers who offer fair deals and exceptional service, don't hesitate to contact Fair Deal Home Buyers. They made what could have been a daunting experience a breeze, and I couldn't be happier with the outcome. Give them a call, and you won't be disappointed.
I highly recommend Fair Deal Home Buyers. They are a pleasure to work with, have great customer service and are highly professional.We really enjoyed working with the team and I highly recommend them!
I have been working with Fair Deal for 5 years now as an independent contractor providing interior design and staging services. They have always been a pleasure to work with. Top notch communication, timely payments, and a complete team approach to project management.
My experience with Fair Deal Home Buyers was initially marred by a challenging issue. However, their professionalism and dedication in resolving it transformed my perception entirely.I encountered an unexpected problem during the sale of my house. It seemed like an insurmountable hurdle at the time, causing frustration and anxiety. But when I turned to Fair Deal Home Buyers for help, they showed unwavering support.Their team demonstrated remarkable problem-solving skills. They assessed the situation diligently and came up with a creative solution that not only addressed the issue but also exceeded my expectations. Their commitment to resolving the problem promptly was impressive.What truly stood out was their transparency throughout the process. They kept me informed at every step, ensuring I understood the steps being taken to resolve the issue. This open and honest communication built trust and alleviated much of the stress I was experiencing.In the end, Fair Deal Home Buyers didn't just salvage the situation; they turned it into an opportunity for a successful sale. Their dedication to customer satisfaction was evident throughout, and they left me not only with a resolved issue but also with a positive impression of their professionalism and integrity.If you find yourself facing challenges during the home-selling process, I wholeheartedly recommend reaching out to Fair Deal Home Buyers. They demonstrated their commitment to solving problems and ensuring a fair deal, even in the face of unexpected difficulties. It was a lesson in professionalism and a testament to their dedication to their clients.
Fair Deal Home Buyers were a pleasure to work with. If you're seeking to sell your house quickly, don't hesitate to give them a call. They are reliable and trustworthy home buyers.
I've always been amazed at the professionalism and the level that they take their education and knowledge in helping people sell their home as seamless as possible.
Through out the entire process Nena and the rest of the staff went above and beyond to assist me with the selling of my property. It was a pleasure to work with them and would definitely recommend them.
My wife and I decided to downsize recently. We bought a small condo in Mequon and were looking to sell our 4 bedroom house in Brown Deer. Instead of fixing, cleaning and listing for sale with a real estate agent, we decided to sell the house "As Is".We had received 4 offers. Fair Deal was most professional and easy to work with. Zak, Peter and Jeanne were very helpful in every step of the way.From offer to offer review stage and closing (and all steps in between), Fair Deal made it very easy (and hassle free, without any delays) for us to conclude the sale of the house.Anyone looking to sell a house in today's market, I recommend Fair Deal very highly.Harshad Shah
Working with Peter and his team was great. Although we did not end up selling our home because the house we were looking at fell through, I would recommend anyone with unique circumstances trying to sell their house give them a call.
Fairdeal home buyers made this process so much easier for me and my family. It was an amazing experience. They worked with us in anything we needed. I would definitely Recommend them to my friends and family
As a buyer from fair deal, I would recommend them! They were fast in their communication, kind in their interactions and clearly seems to have everyone’s best interests at heart. Working with Tiffany was a great experience. I love working with people who are kind, fair and clear in their communication. I’d recommend them to others, and have! -Dave
Fairdeal Home Buyers is an outstanding company. The process with them was seamless with no surprises at all. They closed in a timely fashion and I received my asked for my property.
I am very happy with the service I have receive from Fair Deal Home Buyers. The whole procces has been very simple and easy to understand. I'm moving in from out of state and i don't think I could have found a easier and better way to move in to my new home. Thank you so much.
I recommend Fair Deal Homebuyer well detailed information about what to expect from them it was fast deal they offer and we agree .It was really fast and fair
They are great to work with. Professional, kind, responsive and straight forward. I learned getting a cash offer for a house does not have to be complicated or take a long time, thanks again!
