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Updated over 17 years ago,
My tax foreclosure property & dealing w/ the old home ow
I bought first investment property at a tax foreclosure sale and finally have the deed to the home. I've contacted the previous home owner and they've been nice up to this point. The daughter of the home owner was going to buy the house but then decided not to. I asked when they could move out of the property and she told me 2 monthes because her mother was in the hospital and they have a ton of stuff in the house from living there for over 30 years.
I think living in the house for 2 more months is crazy but if I go through the eviction process it will take me almost that long to get them out and then I've pissed them off and they could destroy the home. I asked them to pay rent and it was one excuse after another. So I'm considering offering them some cash. So my question is this.
1. Am I being unreasonable not wanting to wait 2 more months. (I bought the house in March but just got the deed last week)
2. If I offer them money to leave how long and how much should I offer?
3. How have others dealt with this issue?
Thanks!