Near South
The owner of this house recently decided to take a different route and offload the hassle of being a landlord by selling his home “as is” with a non-paying tenant in place. This was not an easy decision, as it carried the risk of further damage to his property and an expensive eviction process. However, he was able to make the sale happen in just 11 days - certainly quicker than expected! Selling the house with a tenant still inside allowed him to get cash in hand quickly without any of the headaches that come with traditional real estate transactions.
This strategy is becoming increasingly popular in today’s market as more people seek to sell homes “as is” and turn a quick profit. By doing so they are able to avoid hefty repairs and can often close more quickly on the sale. In this case, the seller was able to get rid of his rental property problems and have cash in hand within two weeks - an impressive feat!
Once we owned the house we were able to come to an agreement with the tenant that helped them move on to a new place. We then remodeled the house, and turned it from a 3 bedroom 1.5 bath to a 5 bedroom 2 bath, and sold it to a different investor who wanted a turnkey investment property.
We Buy Houses! Any Area of Lincoln
In Any Condition!