Updated almost 8 years ago on . Most recent reply
Desperate to sell - quit claim deed for $2000
I'm helping a friend sell a house. He bought this property in 2008 and rented it to someone he felt he needed to help. The tenant has been living there ever since. Turns our he's a bad tenant (surprise? no.).
My friend is moving to another state and just wants to get rid of that house, but doesn't want to go through the eviction process. The tenant doesn't want to leave, but is not exactly paying on time. I suggested we would try and sell it as tenant occupied.
The place doesn't have many pictures because the tenant has so much stuff in there it's difficult to see anything, but we managed to have pictures of the roof, foundation, water heater and the outside.
At this point, he wants to do a quit claim deed for $2000 and get done with it. Taxes are around $500.
In this scenario, can I expect to find a buyer who's willing to deal with this? How can I increase my chances of selling?
Most Popular Reply
Why don't you buy it.. only 2 K.. then you non-renew tenant file eviction if he's not out in 30 days and clean it and FLIP it yourself.