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Updated over 3 years ago on . Most recent reply

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Gregory Pucci
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FHA Loan in MA, Loan Co. wants notice to be given before close?

Gregory Pucci
Posted

Hello,

So I am buying a small MF 2 doors (this is my fist property), both occupied with tenants one is on a lease and the other is tenant at will. I am working on the FHA loan for the property that will be my primary residence (have to house hack) I will be moving into the side with the tenant at will. However I have been requested by the Loan company to get a letter to vacate signed by the current tenant before I can close on the loan...... this does not seem right to me as I am not the owner of the property (yet). How would you all handle this? I am worried that this could cause issues as I feel I don't have the right to serve any notice to a tenant before I take possession of the property.

Thank you!

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