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    eaksander's Avatar
    eaksander Posts: 1, Reputation: 1
    New Member
    		  
    #1

    May 2, 2012, 10:10 AM
    Can I ask that tenants move before closing on a short sale property?
    I am in contract for purchasing a short sale property in NH which has been approved by the original lender. There is a main house and two studio units that comprise the property. The current tenants did not have leases and expressed desire to stay in their units. Originally, I did not have problem with this, but due to non-cooperation issues with the one of those tenants (not the property owner), I now wish to request that the property be delivered vacant and find my own tenants after I take ownership.

    Can I now request that the property be delivered entirely vacant?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    May 2, 2012, 10:13 AM
    Quote Originally Posted by eaksander View Post
    Can I now request that the property be delivered entirely vacant?
    Hello e:

    Not really, unless you want to blow the whole deal off. It'll probably cost you your earnest money...

    excon
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #3

    May 2, 2012, 10:39 AM
    Thoses tenants are considered month to month tenants, only the owner can require them to leave. It's a short sale, neither the bank nor the owner is likely will to skip the rent money. You can request what you want but I doubt if anyone will be interested, you are lucky the bank even agreed to the short sale, these can take 6 months to close.
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