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Updated over 7 years ago on . Most recent reply

User Stats

26
Posts
7
Votes
John McDermon
  • Santa Fe, NM
7
Votes |
26
Posts

Selling a house with a tenant in place

John McDermon
  • Santa Fe, NM
Posted

I'm looking to sell my inherited childhood home in SoCal. I have a tenant who appears to be taking good care of the home, but he isn't going to be able to buy it. I've read in he past about people giving their tenants some kind of incentive to help make the sale easier -- keep the house clean, cooperate with the realtor for showings, etc. The rent is $3,000/mo. What would a typical amount be and do you give it as a discount off rent or cash on the side. Any advice will be greatly appreciated.

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