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Selling Rentals

Selling Rentals

It can be challenging to sell a property that’s currently rented in several ways. If you intend to list the house on the market, you’ll need to work with your tenants to establish windows of time during which potential buyers can request showings, and also a process for the tenants to know of the exact showing times so they can plan to leave. If the house is in need of repair or remodeling, you may prefer to empty out the property and do some of that work so that it’s more appealing to buyers from a condition standpoint.
But depending on your plans and willingness to continue short terms as a landlord, you may consider leaving good existing tenants in place while first attempting to sell a rental. The simple reason for this is that some buyer’s considering buying rental property will prefer to have the rental income or at least the option for it. They may even be getting a loan that’s dependent on that income. If you pursue a deal with a buyer that prefers to close on the property vacant, you can work out timing with them and give the proper lease termination to the tenant at that point.

Do you have a rental property that you’d like to sell? Give us a call or fill out this short form here and we will contact you within 24 hours.

The Cost of Clean Out

The Cost of Clean Out

If you’re selling your house through the traditional real estate process, most agents you may be considering listing with will recommend emptying as much out of your house as possible prior to putting the house on the market. There will be a cost to that whether you decide to get dumpsters to throw items out or rent storage unit space to move items you want to keep into. That cost will likely begin in the $500-$1000 range depending on the size of your clean out project. if you’re renting storage unit space that cost may start smaller but will be ongoing. Keep in mind that the “hidden cost” will be your own time and effort in sorting, packing or throwing items away.
All of these costs can be avoided by selling your house to Cash For Houses. We buy houses in any condition. Get your fair cash offer by filling out our easy form on the home page by clicking here.

HELPING YOU THROUGH THIS PANDEMIC

We want to assure you that we take the health and well-being of our community, customers, and associates very seriously. Like you, we're closely monitoring the quickly developing effects of the Coronavirus (COVID-19) pandemic. MN Gov Tim Walz’s Executive Order describes the real estate and construction fields as “critical” or “essential” services. While we take the health and safety of everyone seriously, we are open and available to help you through this challenging time.