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Updated 8 months ago on . Most recent reply

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Adam Rivera
  • Investor
  • Chicago
4
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Eviction on a Foreclosure

Adam Rivera
  • Investor
  • Chicago
Posted

what is the fastest way to evict somebody from a foreclosed house? I've been told Cash for keys is a good method but how do you go about doing that? and if there's any other better method out there?

Most Popular Reply

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Jon K.#2 Real Estate Success Stories Contributor
  • Rental Property Investor
  • Perry Hall, MD
532
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Jon K.#2 Real Estate Success Stories Contributor
  • Rental Property Investor
  • Perry Hall, MD
Replied

Cash for keys isn't really an eviction but it will be the fastest way to get them out if they go for it. You're going to want to find a local attorney to put together or provide the paperwork to make it legally binding if they do. Meaning don't just come to a handshake agreement and literally hand them cash and expect it all to be fine. They need to sign something acknowledging that they are giving up their rights to inhabit the house in exchange for money.

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