Buying house with tenants and moving in – 5 Tips!

Buying Real Estate

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This video is for homebuyers, not investors! With record low inventory, we understand that homebuyers may be considering buying a house with tenants, just to get a chance to buy a house! If you find a tenant occupied property for sale, make sure you understand these 5 tips before buying a property with tenants! We cover this and more:

✔️ What are the two ways to buy a house with tenants❓
✔️ What extra paperwork should a home buyer review❓
✔️ Is there way to shorten the process when giving notice to a tenant❓
✔️ How can buying a property with tenants affect the financing❓

📌 Don’t forget to subscribe to the WIRE Associates weekly newsletter to get the latest housing market data, foreclosure data, median home price charts, tips for buyers and sellers, tips for landlords and tenants and much, much more 👉 https://www.wireassociates.com/newsletter/

📌 We can help you buy or sell a home (with or without tenants) in Southern California 👉 https://www.wireassociates.com/contact/

Sections
00:00 WIRE Associates intro from Christian Walsh
01:33 Buying house with tenants – two ways
03:25 Tip #1 Who is terminating tenancy?
04:25 Tip #2 Financing
05:47 Tip #3 Paperwork
07:29 Tip #4 Eviction
08:44 Tip #5 Bonus to save time and money

#WIREassociates #HousingMarket2021 #BuyingAHouse

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📚 A few real estate books we love!
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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.

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