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Adam Silvers
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Seller will not evict tenant for wholesale deal?

Adam Silvers
Posted Jul 29 2021, 13:07

I am about to lock my property under contract with a seller who's father passed away and had a bunch of SFH properties. I got the property for a good price and I was telling him for a week that we would likely evict the tenant as we would do work to the property. She's been there for over 10 years and he said she doesn't even have a lease agreement she just pays him every month when he shows up. However, the day of me sending the contract when I mentioned if he could remove the tenant by COE, he freaked out about it and said we would have to proceed with that ourselves (basically the cash buyer would) after closing cause he says anything can go wrong before closing. I understand where he is coming from but do buyers typically have major issues with this? Is this such a strong market currently would they even care? What are your thoughts?

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