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Updated about 3 years ago on . Most recent reply
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rental with eviction in place
Hi guys, I needed some advice. I'm currently in escrow on a fourplex in CA for an investment property(first investment). I was provided seller disclosures and it looks like tenants in two units are either in the process of eviction or will be(wording is kinda confusing but my agent will ask for more information. Is it still a good idea to pursue a deal like this one with a current eviction? I have been told that this could potentially be negotiated with the seller to get a better deal BUT I do not know anything about evictions or timeframe for them. I will obviously try to get more information and help but I wanted to see what you guys think or if anyone has been through a similar situation. Thank you!
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- Real Estate Broker
- Cody, WY
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I agree. Extend closing long enough to ensure the tenants are removed and the Seller has time to clean the place up.
- Nathan Gesner
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