Acquiring home with no-contract tenents/squatters in place

[Mark Spivey]

I am in the process of purchasing a SFH that has tenets in place (for years), but not in possession of a contract and have not paid their former landlord for a long time.

I was going to speak to them and even pay them to leave if necessary (cash for keys).  If they refuse to accept, do I need to file formal eviction process?

Does anyone have any tips or suggestions?

Thanks in advance!