Getting tenants/owners out of foreclosed/auctioned homes

Getting tenants/owners out of foreclosed/auctioned homes

Graniteville, SC · Member since 2016 · 9 posts · 3 votes

Does anyone have any experience or recommendation With this problem.   I am considering making an offer on some occupied properties at auction.   The purchase details state that once the transaction is complete, it will be up to the buyer to remove the occupants.  I am aware of the legal and judicial avenues involving eviction, but these are costly and can drag out leaving hard feelings on both sides.  Is there an alternative option that someone can recommend that has been used with some success?

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  • Dallas, TX · Member since 2014 · 517 posts · 106 votes
    10y

    I have not tried this but I have heard that "cash for keys" may work. Try offering them some money to leave. I was shocked to hear that the average person does not have even $400 in savings. They would probably leave for a couple hundred and that might cost you less than an eviction and may be faster. (just my opinion as I have NO experience with this method). Good luck!

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