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Updated about 7 years ago,

User Stats

114
Posts
20
Votes
Bianca G.
  • Investor
  • Cornelius, NC
20
Votes |
114
Posts

Squatter on the property

Bianca G.
  • Investor
  • Cornelius, NC
Posted

Hello BP Family!

I have come across a great off market property where the property value is appraised at $145,000 and the owner is willing to accept $69,000 cash on it. The issue is that  the property was rented to a couple 4 years ago and the wife has moved out the property about 7 months ago(without paying any rent) and she was the primary renter and her husband(not on the lease) has been staying in that property for the past 7 months with no rent. The owner is OOS and due to health issues has given up on the property.

What are my options at this point if I decide to purchase the property?

Any help would be greatly appreciated.

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