What to do if house we are interested is currently rented? We thought that we found the perfect house. When?

Asked by Eugenie, Far Northwest, South Bend, IN Mon Dec 10, 2007

we first view it, we thought the owner is in the process of moving out. But upon second viewing of the house, we discover that the people living there are not the owner but renters. The owners had moved out in the summer and apparently had rented out the house without letting the listing agent know. So my question is: what kind of language should we put in the offer to protect us to ensure that the renters move out? Also, should we or should we not close on the house before the renters move out? There is no written contract between the renter and the owner. Should we get a real estate lawyer to help us write up the offer?

Help the community by answering this question:

+ web reference
Web reference:

Answers

2
Ginger R., Home Seller, Massachusetts
Tue Dec 11, 2007
Put a contingency in the contract that the house shall be vacant XXX number of days before closing. I personally would not close with a tenant in place. A disgruntled evicted tenant might possibly damage the house. With no lease in place, and even with a lease, you don't know if the tenant is amenable to moving. I also would want an empty house befiore closing so I can could do a very thorough walk through. I would make sure that this is the Seller's issue, not mine.
1 vote
Lara McHenry, Agent, Spokane, WA
Mon Dec 10, 2007
You really need a Realtor on your side to represent your best interests. I am saying this due to the multitude of variables involved in your situation. Protect yourself and get a Realtor, besides typically the buyers agent is paid throught the sellers cooperating broker commission...so the cost to you is usually zero. In many cases where renters are involved everything needs to be in writing to protect you, the sellers, the renters and everyone involved. If you feel more confident with an attorney go for it. But a I feel a Realtor would be the more sound solution as they will have your interests in mind above all other aspects. Good luck. I can certainly reccomend a Realtor in your area if you need help.
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more