I would consider a property management company. Let them find you some qualified tenets and do the leg work. Sure they keep a percentage but sounds allot better than what you have been going through. Can be very difficult to manage a property from out of state.
Id be happy to recommend some property management companies if you'd like.
When you set up the closing date your broker or attorney depending on who you use for the contract was supposed to set up a possession clause and also an escrow account if me if you are not taking possession of the day you close. What I would do is go back to the broker or attorney and make sure they straighten this issue out for you, otherwise you'll have to speak to an attorney.
NY state Associate Broker
Keller Williams Landmark II
Hi Shay, You really need to have an attorney resolve this for you. When the original contract was signed this should have all been spelled out in writing and signed by all parties not done verbally. A use and occupancy agreement usually is drawn up by an attorney with a specific move out date , and parites may agree to a per diem charge for the priviledge of staying there. It is not your fault as to whether you heard it or not. So call your lawyer right a way and they should be able to resolve this dilemma, good luck.... more
I just hate when I hear these horror stories. The renter needs to consult an attorney. Since the rental is being handled by a rental company there may be the ability to re-coop the security deposit. Most foreclosed properties in Michigan has at least a 6 month redemption period following the sheriffs sale. So the tenant would be able to stay in the home until this time runs out. Of course the rep is going to tell the renter not to worry there job is to collect the rent.
Karen Paytas, GRI, CMS
Real Living Kee Realty