The Key to Selling a Tenant-Occupied Property

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If you are currently renting out an investment home but want to sell it before the current lease is up, we’ve got some great tips to share with you. Here are four ways you can make selling your tenant-occupied property much easier:

1. Communication is very important. If you have a tenant that has been in there for less than a year, a 24-hour notice should be sufficient.

2. Offer incentives to tenants for selling. Maybe you could offer them a free month's rent or some other concession that would make them feel more comfortable.

3. Take offers subject to inspection. Have the buyer/investor submit an offer and if it’s accepted, then the tenant can cooperate on the inspection.

4. Have the tenant stay. If the buyer is an investor, having a tenant already in place may be attractive to them.

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Already having a tenant can be enticing for a buyer.

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If you have any questions for us or if you’re looking to buy or sell in sunny San Diego, give us a call or send us a quick email. We would love to hear from you!

1 comment :

Short Sale Young InvestorSeptember 14, 2016 at 3:00 PM
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Joe Mendoza has been involved in real estate for over 20 years. He has been a Real Estate Broker, Investor, Consultant, Advisor, Mentor, Managing Partner, Acquisitions Manager, and a Nationwide Coach. At present, he is President of the Joe Mendoza Team, Inc. San Diego, California. Mr. Mendoza also is an Executive Real Estate and Business Coach for Tom Ferry Your Coach, based in Newport Beach, CA.

Mr. Mendoza has a long track record of success. While at Prudential California Realty, he ranked as high as the Top 1% in the nation and was number 7 in all of San Diego County. He built a team of 2 full-time employees and 5 licensed associate agents.

Joe Mendoza
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Katcam Real Estate
100 E. San Marcos Boulevard, Suite 400
San Marcos, CA 92069
Toll-Free 24/7: 877-794-5227
Direct: 619-246-4663
joe@joemendoza.com
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