Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
People still living in the property we are purchasing. What do we do?
Hello BP!
What would you suggest that we do in this situation?....We are set to close on a fix and flip property on 8/3. The property is currently in a trust. The owner has passed away and the successor trustee is now selling the property to us. There are 8 or so siblings who stand to get an inheritance from the proceeds. Two of the siblings currently live in the house. All of the siblings, including the two living in the property, are pressuring us to close quickly because they all need the money. However, the two living in the property don't want to have to move until the 15th. How do we best protect ourselves from a situation where the two siblings decide not to move out, or want to take their sweet time?