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Updated about 3 years ago on . Most recent reply

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16
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5
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Alejandro Obando
  • New to Real Estate
  • Queens, NY
5
Votes |
16
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Closed on my first house hack…and this happened …

Alejandro Obando
  • New to Real Estate
  • Queens, NY
Posted

As a standard protocol before closing we had done our walk-through on a three family house hack in northern NJ.

The 3rd floor unit was cleared out and vacant. as per contract for me to move in.

The day after closing the former owner rushes to tell me he had rented out the third floor before we actually closed,

He physically cleared out all of the tenants property just for our walk through. Without disclosing it to anybody.

This came to me as a huge shock and since it is my first deal, I got no clue how to handle this.

I reached out to my lawyer and he told me the 3rd floor person now has legal rights as a tenant and will be thought to take them out.

If anyone can give me some feedback or point of view would greatly appreciate it.

Should I proceed to sue seller? Or handle this without suing? And how?

Thanks for the help!

Best,

Alejandro

Most Popular Reply

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11,796
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13,773
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Bruce Woodruff
#2 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
13,773
Votes |
11,796
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Bruce Woodruff
#2 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

Start by suing the seller. That is misrepresentation and fraud. The DA may get him for worse. You may be stuck getting rid of the tenant but don't let this sleazebag get away with this......

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