Selling a House With Tenants In Stockton

February 23, 2019

Being a landlord in Stockton, Sacramento or anywhere in California, for that matter is not what it used to be. if it’s not one issue with a tenant it’s about the rules of engagement and progressive, ongoing erosion of an owners property rights for the past 30 years. Unfortunately, it isn’t getting any better and that erosion has continued with new State and Federal HUD regulations that make it impossible for a property owner to exercise their rights without costing a lot of money. Now with rampant talk of “Rent Controls” in many communities, and added new tenant rights; here is my question; is it all worth it?

I talk to a lot of landlords and sometimes they say that they have just had enough.

Selling any house in Stockton has its challenges, but when you add tenants, its a whole other ball game. I am hoping this article helps you if that is what you are looking to do.

As I write these articles I sometimes wonder what insight am I going to give a seasoned landlord that they dont already know. It’s then that I realize that not all seasoned landlords are directly involved in their rentals and one day there may be one article that catches your eye and you to call me. I do this because my exposure is limited to the people that I know and that is a very small slice of the universe.

Selling a house under normal conditions in any real estate market is difficult enough. Everything that you add to the equation just complicates the process and narrows the potential universe of buyers even further.

Most homes being sold in today’s market are occupied by the owner and most buyers are used to walking into a house with furnishings in place, clutter and a lived in house. It is assumed that they will be cooperating with any potential buyers or buyer’s agent to make sure that the house is presentable and ultimately sold. That is the goal of the seller so that is what they typically do.

So, what changes when the occupant is not the owner, but a tenant that has a legal right to be there? EVERYTHING. First, the list of potential buyers evaporates as most buyers are not real estate investors looking to buy a rental property. Even experienced real estate investors or cash home buyers would prefer have a choice of their own tenants inside a house rather than inheriting them from the current owner.

With only so many buyers in any market and its important to be mindful of the things that you can do to turn them off. Last week’s yard waste still on the side of the house, the ripped off screen door in front, the buckled flooring in the bathroom, the broken tiles in the kitchen or bath, or just the way that the cars are parked can send a Buyer looking at the next house.

Couple that with an angry tenant to greet a buyer and you have a recipe for disasters. Threatened tenants often sabotage a sale at hello. Ask any real estate agent about the dangers of showing a house with renters. Renters are not the best sales people and because they will mot likely have to move, the showings are invasions of their privacy and what they consider to be their home to be sold.

But if you are intent on selling your rented property, make sure you do everything by the book and give the tenants at least 24 hour notice if you need to show the house. As silly as it may seem, you may have to offer them incentives for cleaning and leaving the property in its best light prior to a showing.

Tenants DO NOT Have To Co-Operate When You Sell?

We Pay Cash for Rentals — We Pay Cash For Rental Properties (209)481-7780

It is not up to the renters who you sell to, but they have more of a power than you think.

If first impressions are important, then second and third are priceless and while you can sell your property to anyone, keep in mind, that your tenants aren’t there t0 help you in that process. Keep in mind that if there is a the lease, it will remain in effect as well. Give your tenants at least 24 hour notice before someone enters the property, and dont be surprised if even an agreed upon date is cancelled. While its true that tenants must give reasonable access to the property, your tenants don’t need to be nice and cooperate.

What if I don’t have a written lease agreement?

If you don’t have a written lease agreement, it is assumed that the lease is month to month. If this is the case, you’re must give at least a 30 day notice to vacate. Keep in mind that if you want your tenants gone before you sell or close, you may have to pay them what I call Cash for Keys. Its legal but it must be in writing. Also keep in mind that If the tenants have been occupying the property for more than 1 year, this notice may increase to 120 days. Check with the an eviction specialist that handle evictions like us if you are not sure.

How to get Tenants To Cooperate When Selling A House

We Buy Houses Sacramento CA — Selling a House with Tenants eliminates 98% of all Buyers. We Buy Houses Stockton

Only a buyer can tell you whether selling a house with long term lease will affect the sale and the property value, because they are the only ones that need to agree to the transaction.

For me, I buy tenants out because they are seen as “in the way” or a liability because as much as I may want to buy the house I am not crazy about buying your problem tenants. I see the challenge as convincing someone else to purchase your problem and that is harder than you may think.

The truth is even good tenants pose a problem for most potential buyers as you can be certain that they will in some manner affect any the sales price. I believe that most buyers will not want to take possession of a house or close escrow while the tenant is still in the house. Having experience in both buying and selling houses while having an ongoing eviction is both costly and time consuming.

One last thing to remember, renters are famous for exit scenes and can cause so much damage. It is better to give even the best rener and incentive to behave than roll the dice and take the risk and just let whatever happens, happen. In the case of evicting a tenant create a positive exit strategy that pays them cash for keys as an incentive to avoid an eviction.

Still Determined to Sell A House With Tenants In Stockton

The easiest way to sell your house with a tenant is to try to get the tenant on YOUR side. There are a number of ways to do this.

Ask them for their help.
Give tenants at least 24 hour notice.
Offer moving expenses to the tenants.
Compensate the tenant every time there is a sbut only pay once the property is sold.

Great Tenants or Bad … If you are NOT honest with them right away, it will probably cost you a lot of money. Be honest with them about what you want to do, protect them and build a plan B if they become uncooperative.

Should You Hire a Real Estate Agent or Sell to a Cash Home Buyer in Stockton?

If you hire a real estate agent dont expect a lot of open houses or results. Real Estate Agents spend all of their energy attracting buyers of vacant single family homes. Sure, some real estate agent is going to take your listing and shop it to the We Buy Houses Company’s like mine and you are going to pay the 6% commission.

You can avoid that commission and the paperwork associated with a real estate agent and the closing cost by calling a cash house buyer yourself.

We Buy Houses Sacramento — If its time to sell your House call Westbrook REI (209)481-7780

My name is Peter Westbrook and I am a cash home buyer in Sacramento, Stockton, Modesto and Manteca CA. I am the owner of Westbrook REI and I have been in the real estate investment business for for many years.

If your Selling a House With Tenants In Stockton and are looking for an offer … Fill in the quick form below or call us at (209)481-7780 or visit our website and we’ll deal with the existing tenants for you! If necessary we’ll honor the existing lease, offer a cash incentive for them to move or start the eviction process.

We have years of experience and we are here to help. Click here to find out more.

There are many reasons why a direct sale is beneficial for people who need to sell their house with tenants in Stockton. Not all investors are happy to take over a property that already has a tenant in place, especially when they are in good standing. It saves them time and money advertising, marketing, and showing the property. They won’t have to bother screening tenants or running the background checks because those things have already been done. Even if there is a difficult tenant living in the home, an experienced investor won’t have trouble pursuing the eviction process if the tenant is in violation. They have likely had to do it before, and won’t be bothered by the process.

If you want to sell a house with tenants in Stockton, there are certain ways to go about doing it. Always make sure you are being fair to your tenants, and giving the proper amount of notice. Not only is it the law, but it is the right thing to do.

To get more information about how to sell your house with tenants in Stockton, send us a message or give us a call today (209) 481-7780!

We Buy Houses Stockton, The Man Behind the Sign

I Buy Houses Stockton Introduction (209) 481-7780 We buy Houses Stockton

My name is Peter Westbrook and I am a local real estate investor and the owner of We Buy Houses Stockton and Westbrook Real Estate Investments in Stockton, California. I am NOT a Real Estate Agent or Broker and for good reason. I purchase real estate and I am NOT going to ask you to pay a commission or a fee.…I pay CASH and because I do, I can close on the day that I tell you.

For those of you that already know me or have already called me you can attest that I answer my own phone and I return all phone calls. When you call me at 209-481-7780 you are calling me on the same number that my mother and my closest friends call me at.

Get Your Fair Cash Offer: Start Below!

We WILL BUY YOUR HOUSE in ANY CONDITION! We pay CASH and you will NOT pay any commissions or fees. Fill in your information below and get an all CASH offer for your House Fast!

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What Customers Say

The City of Stockton was getting ready to tear down my old house. I was no longer able to maintain the Stockton House and after years of trying to keep up with code violations, needed repairs and vandalism, I finally called Peter

Westbrook. He came right out and told me what he could do. He contacted the city and county and even cleaned up the property before he bought it. He paid the back taxes for me and gave me an advance on the purchase of the house. Without his help I would have lost everything. I called real estate agents and other investors but no one wanted to help and no one offered to pay as much as Peter Westbrook. He completely remodeled the house and I smile every time I go by. Thank you Peter.

Leonard S

We inherited our parents house with one of our brothers living there . The property taxes had not been paid and it was in Tax default. We called Peter Westbrook and he found that the title was still in our parents name, so the Stockton House never went through probate. Peter also found that there was an old auto loan that had a lien on the

title and an old bankruptcy ruling to take care of that lien had never been filed with the courts. Peter handled everything including paying the back taxes, paying for the hiring a Probate Attorney and filing the probate and paying for and hiring a Bankruptcy Attorney to finalize the removal of the lien. He was patient, understanding and he took care of everything including evicting the tenants that were living in the house. We talked to real estate agents and other I buy house people. None of them had the answers for our situation. Without peter we would have lost everything. We got paid cash.

Steve H

We inherited my parents Stockton house with a mortgage. We decided to rent it out. The tenants destroyed the house. I didn’t know what to do, I didn’t have the money to fix it and the city had already issued code violations.. I called an “I Buy Houses Stockton Sign” on a telephone pole and Peter Westbrook answered. In 4 days he paid the bank and bought my house. We would have lost everything if it weren’t for Peter Westbrook.

Mike B

I inherited my mothers house with a mortgage. When my husband and I lost our jobs, we got behind in payments. Then the Bank posted a default with a auction date we didn’t know what to do.

We didn’t have the $15,000.00 and we only had two weeks to do something. We called Peter Westbrook and form the beginning he was confident he could stop the bank. Within 4 days he bought the house with cash, paid off the bank and stopped the Foreclosure. Without Peter we would have lost everything.

Brenda T

I saw a sign on a telephone pole and against my better judgement I called. The last thing I expected was a person answering the phone. I was surprised, Peter Westbrook answered the phone. I had a lot of questions and Peter had the right answers. My mother needed to get as much as possible out of the house and we had talked to several real estate agents and they all wanted to sell it cheap and wanted a 6% commission. They all told us unless we put thousands of dollars into it could not be sold for what we wanted. Not Peter. He made a fair cash offer and since then we have sold him another house. Peter and the title company handled everything. I couldn’t be happier and I would recommend Peter Westbrook to anyone.

Cathy W

I needed to sell my Stockton House. I called a phone number I saw on a sign and talked to Peter Westbrook. The City of Stockton said that they were going to take away my vacant Stockton house, knock it down and send me the

bill to do it. I did everything that I could to try to make them happy. A neighbor offered to buy the house and then Peter offered me twice as much. He did everything he said he would do and I just had to go to the Title Company and sign the papers. He did all of the work and now the City of Stockton is his problem. Thank you Peter.

Ann C

I inherited my Fathers Stockton house. The front porch was falling in, the walls had holes from being vacant and vandalized. The City of Stockton fined us, red tagged the property and forced us to put on a new roof so we had to get loans and we still couldn’t rent it out.

I called one of those “I Buy Houses” signs and Peter Westbrook came out and made a cash offer. The House closed escrow and we got our money for a house we though was worthless. Thanks Peter!”

Broderick R.

“Our Grandfather passed away and my brother, sister and I inherited his Stockton house. He was a junkman and hoarder. He was also 90 years old and had not made a repair to the house in years. He had garage sales almost every day. The house and the yard were full of junk. We tried to get everything out so we could just see the house. We had family and friends come over on the weekends but the cost and effort was consuming all of our time.The house was a mess.

I called Peter Westbrook and he made us a cash offer for the house and he said he would take care of all of the clean up. Thank God I called. The City had issued code violations and fines on the property and even before we closed escrow Peter and his crew had the house and yard cleaned (4 large Dumpsters later) . I recommend Peter Westbrook to anyone that has a problem house. They were fast and professional”

Connie J.

“I had tried to sell my Mothers Stockton house for two years. Realtor’s told me to tear it down. I didn’t have the money for that and my Brother and his family were living there. Peter Westbrook made me a cash offer and closed escrow with my brother still in the house. Peter Westbrook is my savior. I don’t have to worry about the house any more. If you have a Stockton house that has become a burden and you don’t have the money to fix it to sell it, call Peter Westbrook.”

Rosemary R.