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Updated about 2 years ago on . Most recent reply
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I won (mobile homes) at tax auction! Got Bills Of Sale. Now what?
I won some homes at a tax auction and finally got the bill of sale for each.
I know what to do as far as finalizing the acquisition: get the title, get the decals, and negotiate with the land owner.
But what should I do about the homes that are occupied?
- Are the occupants the owners of the land? How could I find out?
- A veteran at the auction said negotiate with them before tossing them out and/or moving the homes. What am I negotiating?
- Try to sell their home back to them?
- Try to get them to sign a lease with me?
- They'll likely be hostile toward me. Should I just send them a letter?: "Dear occupant, I own the home you're in... give me some money"?
I've been the buyer, and I've been a landlord, But this is all new territory. Any advice appreciated!