How should homebuyers handle squatters?
Offer cash for keys to leave is easiest and fastest. Option 2 is to go through the legal process to evict them. If they are squatters and not former tenants the "eviction" may actually be a different name and a different process. In MD I believe it is called "Wrongful Detainer."
Ned Carey, Crab Properties LLC | http://baltimorerealestateinvestingblog.com/
@Precious Thompson local law will dictate. Sometime you call the cops, sometimes you have to evict. Then sometimes it just really depends on the specifics. Here if they turn on a utility or have a piece of mail you HAVE to evict.
In Florida, it is called "Ejection". This involves attorneys and a judge. I fully agree with @Ned Carey . Cash for keys.
Last week, I had one like that. I told them I had just bought the house for my daughter, and she was moving in next weekend. The painters were coming Thursday. It worked! The squatter is out! (Full disclosure? I have no daughter.)
You paid cash for keys? @Joseph Ball
I would get a homeless man to move in and live with them.
@Precious Thompson I have paid cash for keys many times, but I usually try to negotiate them out first.
Billy B. LOL, that is flippin hilarious!
Seriously I befriended a homeless man near campus when I was in college and I give him access to my rentals when I have issues. Is this legal? Not sure but my "NEW TENANT" also has rights.
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definitely look into the local laws. If it's a purchase of your own. It may give you a better purchase price. Motivated sellers can't sell a house no one is allowed into.
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