There are many different options available to sell your house while it's in a lease. We manage properties here in Woodbridge, VA and have helped clients with similar needs. If you would like to discuss your options, please feel free to contact me via email or phone.
I look forward to helping you!!
Faiza Alvi - RealtorÂ®
Prince William Realty, Inc.
MILLION DOLLAR CLUB - PWAR 2011
Real Estate is about building relationships
& serving clients with honesty, integrity & passion.
You may want to consider first offering the tenant the opportunity to purchase. Should that person decline, you may also offer them the opportunity to cancel the lease, based upon mutually agreed upon terms. You may also offer to "sweeten the pot" but returning all security deposit reqardless of move out condition, and even offer some additional money to mutually break the lease. Be sure to get the agreement in writing signed and dated by all parties. Then fulfill the agreement.
Also, please note that the lease takes precendence over the sale unless there is language in the lease to the contrary. This means if anyone buys the townhouse then they buy it with the lease, the tenant can stay with the same terms and conditions. Based on the price you are asking, sometimes investors are very interested in properties that already have a good tenant.
You may certainly continue to list your property for sale even if they don't move out. A local real estate professional will be able to provide you with market comps, and discuss the situation of is it a regular sale or will it require to be a short-sale, etc.
if you would like to discuss this further, please contact me at 540-371-0050 as I am a real estate broker in your area.
Sun Realty of Fredericksburg
licensed in the Commonwealth of Virginia
Hope this helps!
I am a local RE Broker in the Woodbridge area. If you'd like to speak to someone and go over your options and / or need some assistance listing your home, and helping your tenant find a new property I'd be happy to assist you both with some of your options so you can make the right decision for your situation.
Feel free to contact me anytime for a no obligation consult!
Home Source Realty