Sell your House with Tenants in Memphis

Do you have a rental property you want to sell, but it still has tenants? You’re probably wondering how to sell a house with tenants in Memphis. 

An inhabited rental property can be daunting to potential buyers but not to Alan with Pyramid Properties LLC. He offers cash for rental properties in Memphis, regardless of most conditions. Keep reading to learn what you should do if you own a rental property you want to sell.

What To Consider When Selling a Rental Property With Tenants

When you want to sell a rental property in Memphis, consider the following conditions that could complicate the sale:

  • How much notice should you give? If your tenants are on a month-to-month lease, it shouldn’t be difficult to give them 30 day’s notice. However, if your tenant has more than a month on their lease, you may need to give them longer to prepare.
  • Do you need to terminate the lease? Check your lease to determine if you can evoke an early termination clause to remove the tenant. Otherwise, you can offer them cash to move out early, allowing you to sell the property.
  • Could you sell the house to your tenant? Another possibility is selling the property to one of your existing tenants; however, this option often presents several legal and logistical complications.

If you want to avoid the stress of deciding how to sell your house, accepting a cash offer can help you avoid dealing with the tenants.

How To Sell a Rental Property With Tenants

If you’re wondering, “How can I sell a house with tenants in Memphis?” consider seeking out a cash offer. How does a cash offer work? It involves four easy steps!

1. Contact

When you reach out to Alan at Pyramid Properties LLC, he takes down your information and asks questions about your home. If he finds it meets his requirements, he schedules a time to inspect your home more closely.

2. Inspection

Alan arrives at your home for a detailed inspection, including important factors like the condition of the roof, interior, grounds, and more. 

3. Offer

After the inspection, you’ll usually receive an offer within 24 hours. The offer depends on factors like the market value of your home, its condition, closing costs, and profit margin. You don’t have to accept the offer, but it’s one of the best ones you’ll find.

4. Closing

If you accept the offer, you can set the closing date according to your schedule. You can even close in as little as seven days. All you have to do is show up to closing, sign some papers, and collect your money.

Alan With Pyramid Properties LLC Can Sell Unwanted Rental Property in Memphis

Do you need to sell a house with tenants in Memphis? Alan with Pyramid Properties LLC is here to help. He buys houses no one else will, makes fair cash offers, and closes quickly.To see what he can do for you, call him today at 901-504-5555.