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Updated over 1 year ago on . Most recent reply
Bought Foreclosure Property that is Occupied
Hi All,
I just bought my first foreclosure property that is occupied. Any thoughts on how to approach the current occupants? It looks like the property was rented (not sure) since it is a duplex and I would prefer to keep the tenants if we find an agreement. I talked to my real estate lawyer and she said to go ring the bell introduce myself and see what they say. Any thoughts or suggestions is much appreciated.
Most Popular Reply
Michael Smythe
#5 Managing Your Property Contributor
Property Manager
#5 Managing Your Property Contributor
- Property Manager
- Metro Detroit
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Michael Smythe
#5 Managing Your Property Contributor
Property Manager
#5 Managing Your Property Contributor
- Property Manager
- Metro Detroit
You probably want to serve them eviction papers because it's unlikely they've been making rent payment through the foreclosure process - and won't start now.
- Michael Smythe
Logical Property Management