Keep Worries at Bay when Selling a Rental Property with Sitting Tenants in Austin, Texas

Are you thinking, “I want to sell my house, but I have tenants”? Not many investors will buy a rental property with terrible tenants, but evictions can be equally tricky. If you’re a landlord with bad tenants, you’re likely to run into issues when selling. Luckily, this article can help!

Take Note of These Options when Selling a House, Apartment, or Condo with Tenants in Situ

What Landlords Can Do to Sell Their Tenanted House

#1 Wait Until the Lease Expires and Then Sell

Pros:

• You can avoid making stressful evictions
• You don’t have to argue with sitting tenants who refuse showings
• After your tenants leave, you can schedule repairs, appraisals, and showings ASAP

Cons:

• This option doesn’t work if you don’t have the time to wait to sell your property

#2 Evict Your Tenants in Residence and Sell

Pros:

• As long as evictions are mentioned in the lease agreement, you can evict tenants in place without waiting months for leases to end
• Once you evict your tenants, you can move forward with making renovations and scheduling showings so your property sells fast

Cons:

• Eviction may not be possible if you have section 8 tenants
• Evicting tenants when selling your house can be an extremely stressful process
• You could be held legally liable if you don’t give your tenants proper notice before evicting them

#3 Sell Your Property While the Tenants Are Renting

Pros:

• Selling a home with tenants means you don’t need to wait for the leases to expire
• There’s no need to evict your tenants

Cons:

• It can be hard to sell the property if tenants in the home refuse to allow viewings

The Best Company to Work with when Selling a House with Tenants in Austin, Texas

If you’re a landlord who’s selling a house with tenants, it’s understandable to be worried about the selling process. The good news is that you don’t need to face the countless challenges that come with selling a tenanted house when you sell to Austin Cash House Buyer. We’re the very best cash house buyers in Austin, Texas and the surrounding area, and we make selling rental property easy and stress-free.

Avoid the Hassle Associated with Home Selling

We offer a hassle-free transaction that’s easy on you and your tenants. Selling on the market means multiple showings to countless buyers. With us, you’ll get a cash offer after a single walkthrough. We’ll also take care of all the paperwork, so you have one less thing to worry about.

Make Selling Your Property a Quick Process

We’re the fastest cash house buyers in Austin, Texas and the surrounding areas! We close on deals fast so that property owners can walk away with cash in their pocket ASAP. We complete real estate transactions within 3 to 30 days on average, regardless of when the tenants’ lease ends.

Receive Cash as Payment

We work with independent investors to finance our purchases, so you never have to wait for a mortgage approval. Many property owners have had deals fail when the buyer can’t get a mortgage. We always make cash offers, so you never have to worry about the deal falling through.

Sell Your Home As Is – No Need for Repairs or Renovations

Selling to our investors means skipping inspections, repair requests, appraisals and due diligence periods. We buy rental properties As Is, no matter what condition they’re in. After one simple walkthrough, we’ll make you a cash offer for how your property is on the day!

Expect a Straightforward Transaction with No Hidden Fees

We take care of paying the closing costs, and take pride in never charging commissions or additional fees. Our contracts are clear and easy to understand, and we’ll never try to trick you with last-minute or hidden fees. You’ll walk away with 100% of the initial cash offer at closing.

FAQ

Do I Have to Draft a Letter to Notify the Tenant of My Intent to Sell the Property?

Selling a rental property with tenants can be straightforward if you follow the correct procedures. As a landlord, you’re legally obligated to notify tenants of the sale of the property by letter. The letter must include information about the sale, including the property’s address, what the selling process will look like and what’s expected of each tenant.

Our company makes selling property with tenants on a lease a breeze. We’ll take care of notifying each tenant by letter, so you don’t have to. Our investors can easily draft and send out these letters, saving you plenty of time and hassle.

How Can I Easily Show My House with Tenants to Buyers?

Be sure to effectively communicate with your tenants at the very start of the selling process. Ask them to keep their homes clean and tidy for upcoming showings, and let them know you’ll arrange showings for times that work for them. Showing a rental property with tenants might also be easier if the tenants aren’t home. Ask for their work schedules so you can organize showings accordingly.

We make selling a tenanted property easy by making a cash offer after one quick walkthrough. Once we purchase your property, we’ll work with the tenants to schedule all future showings.

Will It Be a Problem if Tenants Have the Right Not to Allow Access for Viewings?

Your tenants are required by law to allow access for viewings. However, landlords must provide written notice at least 24 hours before the viewing. Unfortunately, tenants refusing viewings is a common problem that many property owners have to deal with.

A landlord selling a house or apartment may have to approach a tenant over and over again about viewings. This can be a stressful and emotional process, especially when it takes months for the property to sell. Luckily, we can help save you the hassle. We’ll buy your property fast and take care of meeting with tenants to schedule showings.

What Steps to Take if the Tenant Destroyed My Rental Property?

A landlord’s rights when a tenant destroys a property include taking the tenant to court over destruction of property. The renter can face fines and even jail time for the destroyed house. Unfortunately, those fines are unlikely to cover the costs of making the necessary repairs or renovations.

Austin Cash House Buyer will purchase your damaged or destroyed property As Is. You don’t have to worry about making expensive repairs just to find a potential buyer. If you still have destructive tenants living in your rental property, we’ll still make you a fair cash offer ASAP.