Selling a house with tenants is possible, but it’s not easy. Managing the sale and a smooth tenant lease transfer requires knowledge of local tenant rights, the ability to find a buyer willing to take on the current tenant, and other complications. Yet, getting a cash offer for your rental home could be the answer.
At Sell Pittsburgh Now, LLC, we buy houses in Pittsburgh, PA, with and without tenants. If you’re considering selling your rental property with tenants, consult our guide below to learn about the process and why a cash sale may be best.
What To Know About Pennsylvania Tenant Rights
According to Pennsylvania’s landlord-tenant laws, a house is tenant-occupied if you and your house’s occupant have a verbal or written lease agreement. The agreement gives the tenant the right to occupy the property with legal protections for privacy. For instance, as a landlord, you can’t enter the occupied property without sufficient notice or your tenant’s permission.
The lease agreement also stipulates:
- How long the tenant can stay in the home
- How much rent they must pay and when it’s due
- An expectation for the tenant to maintain the property
- Other terms the tenant and landlord must honor for the lease’s duration
How To Handle Tenant-Related Problems Before a Home Sale
When selling a house with tenants, the tenant may have the right to stay on the property until the end of their lease. In Pennsylvania, landlords must give notice to tenants before selling the house. Yet some lease agreements have stipulations like needing tenant permission to sell, which can hinder your home selling needs or timeline.
Unfortunately, some homebuyers don’t want to inherit tenants, which makes finding a buyer more challenging. If you have a problematic tenant, consider taking these steps before selling your home to ensure a smooth transfer of property:
- Document all incidents and problems with the tenant
- Consult an attorney for professional advice regarding your situation
- Give the tenant an incentive to leave the property voluntarily like a financial settlement
Why Choose a Cash Buyer for Your Rental Property?
Listing a tenant-occupied house through the Multiple Listing Service with a real estate agent can be time-consuming. That’s why cash home sales are great for homeowners who don’t want to take the traditional home sales and leasing process. The process is fast, relatively straightforward, and hassle-free.
Cash home buyers accept houses in any condition, so you don’t have to worry about repairing or renovating the property. They’ll even take care of tenant-related legal problems like evictions.
Let Our Home Buyer Experts in Pittsburgh Manage Your House Sale With Tenants
The benefits of selling a house with tenants to a cash buyer are plentiful, especially when you choose an experienced company like Sell Pittsburgh Now, LLC. As one of the top real estate investors in the greater Pittsburgh region, our team makes fair cash offers on local houses in any condition, regardless of the property’s condition, your financial situation, or the house’s occupancy.
We offer fast transactions, fair offers, and as-is sales — call (412) 275-5238 today for a consultation. Learn more now.