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Updated almost 6 years ago on . Most recent reply

User Stats

33
Posts
9
Votes
Sarann K.
  • Rental Property Investor
  • Lowell, MA
9
Votes |
33
Posts

Cash for Keys or waits for buyer's contingency in Massachusetts

Sarann K.
  • Rental Property Investor
  • Lowell, MA
Posted

Hi everyone,

I would like to sell a property and I'm trying to figure which option is better

option# 1: is to offer cash (how much is appropriate for Lowell, Massachusetts) to my tenants to vacate one of the units, so that I can renovate the unit and make it more appealing to owner-occupied buyer. 

option# 2: is to leave it as it is but make moderate repairs around the property to make it presentable. 

Thanks in advance, your advice would be greatly appreciated.

Sarann

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