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Updated almost 4 years ago on . Most recent reply

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Carl W.
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Closing Soon and no word on Tenants Vacating

Carl W.
Posted

We're ready to close on our first investment property (a house hack) but the sellers say they need until the first to get the tenants out. The contract states the property must be vacate for the property to close and so they claim they have given the tenants notice to vacate by that date. We've spoken with the sellers throughout this process to say the property must be vacated. I'm willing to wait until the first for the tenants to move out but we want assurances that will happen because we're getting mixed messages. At one point, they said the tenants were going to leave immediately when we were ready to close and then they flipped the script. Of course, that did not happen. Now we're asking for them to confirm the tenants will be out when they say they will and it's been nothing but dead silence from the seller's side. I'm really losing my cool here because I don't know what's going on.  

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Nick C.
  • Specialist
  • Tampa, FL
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Nick C.
  • Specialist
  • Tampa, FL
Replied

Sounds like the sellers are doing what they can to get the tenants out as agreed upon. Unfortunately any assurances you get will only be as good as what the tenant is telling the seller. Unless your seller is planning to physically remove the tenant with violence everyone is going to have to wait. 

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