You may only have a ghoulish display on your front porch for a few weeks in October, but things can get pretty scary indoors all year round. If you’re dealing with a tenant situation that’s more of a trick than a treat… you’re not alone. Lots of homeowners in Sacramento find themselves in a situation where it’s easier to sell their property than continue dealing with tenants. Fortunately, companies that buy houses in Sacramento, like California Family Homebuyers, can help you navigate this process. Let’s take a look at some common scary tenant situations and what your rights are as a homeowner (spoiler: You don’t have to keep your house just because it has renters).
1. Adult Children Who Takes Advantage of Your Generosity
Your son graduated college and promptly announced that he was moving back to Sacramento. You let him move into your rental property assuming he would get his own place in a year or so… but his motivation to get an apartment downtown never materialized. He’s paying well below market value for his rent and you’re ready to pull the plug. You can either evict the offending offspring or sell the property for good. Depending on the state of the home, selling it could be the best option for everyone.
2. Bully Tenants Who Treat Your Property Like Crap
Admit it: Are you putting up with a rude tenant because he pays his rent on time and you don’t know how to find another reliable renter? Someone who treats you and your property like crap has got to go. You’d be surprised how many tenants defy their landlords and don’t report damage to the property or think it’s OK to paint the cabinets bright purple (true story). If finding a new tenant sounds exhausting, it may be time to let your less-than-friendly tenant and the property go.
3. Inherited Tenants Who Aren’t Paying Market Value
Maybe your parents left you their investment property, tenants and all. If your parents were letting renters off easy with super cheap rent, it can be difficult to explain a sudden and significant increase. Even worse, their low rent could be in writing. It might be the right choice to sell the property and let the next owner negotiate new rent or fix up the property and find new tenants.
4. Tenants Who Guilt Trip You
Some tenants play on heart strings. No one wants to be the bad guy. You may not be cut out to be a landlord – and that’s alright. If you’re constantly being talked into upgrading appliances that are perfectly operational or accepting late rent checks, it’s time to set yourself free. Handing the property over to a Sacramento cash homebuyer means you can focus on an investment that doesn’t require you to face a regular guilt trip or negotiations you’d rather not deal with.
Can You Sell Your House if It’s Occupied?
Do you recognize your tenants in one of these descriptions? If you have a tenant who isn’t paying up, has ruined your property, or you’re just tired of being a landlord: You have options. When your tenants are on a month-to-month lease, California gives you the right to evict the renters with a 60-day notice that they must vacate due to sale.
If your tenants are mid-way through a 12-month lease, you can still sell the home! The new owners will generally have to honor their lease agreement until it naturally draws to a close – unless you baked a sale clause into your original lease agreement. Now is a good time to review the lease terms (be honest, it’s probably been a while since you read all the fine print). If there is a “lease termination due to sale clause,” you can end the lease with the amount of notice outlined in the signed agreement.
Are you ready to say goodbye to scary tenant situations and property management and hello to a bit of financial freedom? When you need to sell a house fast in Sacramento, it’s time to call California Family Homebuyers. We’re here to help you get cash for your property, fast! We buy homes all over Sacramento in almost any condition, and we can even help people who have problem tenants. Let’s work together to ease your tenant woes.