Landlord Wants To Sell Leased House

[SD Realtor]

Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.

[DataAgent]

[quote=SD Realtor]Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.[/quote]

Like the Op’s friend, we had just finished moving in and the ‘for sale’ goes up outside. The first month was a zoo: realtor caravan, open house, evening showings, stolen personal property etc. I finally hired a lawyer who helped us negotiate a reasonable sales process. Hope I never go thru that hassle again.

[DataAgent]

[quote=SD Realtor]Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.[/quote]

Like the Op’s friend, we had just finished moving in and the ‘for sale’ goes up outside. The first month was a zoo: realtor caravan, open house, evening showings, stolen personal property etc. I finally hired a lawyer who helped us negotiate a reasonable sales process. Hope I never go thru that hassle again.

[DataAgent]

[quote=SD Realtor]Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.[/quote]

Like the Op’s friend, we had just finished moving in and the ‘for sale’ goes up outside. The first month was a zoo: realtor caravan, open house, evening showings, stolen personal property etc. I finally hired a lawyer who helped us negotiate a reasonable sales process. Hope I never go thru that hassle again.

[DataAgent]

[quote=SD Realtor]Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.[/quote]

Like the Op’s friend, we had just finished moving in and the ‘for sale’ goes up outside. The first month was a zoo: realtor caravan, open house, evening showings, stolen personal property etc. I finally hired a lawyer who helped us negotiate a reasonable sales process. Hope I never go thru that hassle again.

[DataAgent]

[quote=SD Realtor]Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.[/quote]

Like the Op’s friend, we had just finished moving in and the ‘for sale’ goes up outside. The first month was a zoo: realtor caravan, open house, evening showings, stolen personal property etc. I finally hired a lawyer who helped us negotiate a reasonable sales process. Hope I never go thru that hassle again.

[svelte]

Thanks, all.

I was thinking it would be the new owner who would be more likely to come up with the cash.

But maybe you’re right – maybe it is the seller since they feel they will be flush with cash shortly.

[svelte]

Thanks, all.

I was thinking it would be the new owner who would be more likely to come up with the cash.

But maybe you’re right – maybe it is the seller since they feel they will be flush with cash shortly.

[svelte]

Thanks, all.

I was thinking it would be the new owner who would be more likely to come up with the cash.

But maybe you’re right – maybe it is the seller since they feel they will be flush with cash shortly.

[svelte]

Thanks, all.

I was thinking it would be the new owner who would be more likely to come up with the cash.

But maybe you’re right – maybe it is the seller since they feel they will be flush with cash shortly.

[svelte]

Thanks, all.

I was thinking it would be the new owner who would be more likely to come up with the cash.

But maybe you’re right – maybe it is the seller since they feel they will be flush with cash shortly.

[sdrealtor]

And the selelr will have a hard time getting flush will cash unless teh tenant cooperates. Leverage is a beautiful thing!

[sdrealtor]

And the selelr will have a hard time getting flush will cash unless teh tenant cooperates. Leverage is a beautiful thing!

[sdrealtor]

And the selelr will have a hard time getting flush will cash unless teh tenant cooperates. Leverage is a beautiful thing!

[sdrealtor]

And the selelr will have a hard time getting flush will cash unless teh tenant cooperates. Leverage is a beautiful thing!

[Author]

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