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Selling a rented house

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  • 26-02-2014 1:02pm
    #1
    hallo dare
    Closed Accounts Posts: 1,787 ✭✭✭


    Hi,

    My Sisiter is looking at selling her house which she has rented to a Family in Dublin as she's permanently moving from the big smoke due to a new work location.

    She not keen on asking the Tenants to move out as they keep the house is perfect condition both inside and out and pay the rent each month on time and without problems and she doesn't want to inconvenience them.

    So she'd like to sell with the Tenants still renting, but i don't think that this will be even remotely possible as a new Landlord would obvioulsy be looking to buy to run things his/her way. Maybe i'm wrong!!!

    Is there any agencies that deal with this kind of arrangement (recommend buyers, buy themselves) or how should she go about it?, as she's nowhere next or near Dublin to deal with this kind of thing anymore.

    Thanks


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    #2
    L1011
    Registered Users Posts: 68,861 ✭✭✭✭L1011


    Tenants are under no obligation to allow viewings in any manner than an estate agent will want to offer and nobody will be able to get an owner occupier mortgage for a house with sitting tenants. Realistically she'll have a world of trouble trying to sell with them there.


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    #3
    hallo dare
    Closed Accounts Posts: 1,787 ✭✭✭hallo dare


    MYOB wrote: »
    Tenants are under no obligation to allow viewings in any manner than an estate agent will want to offer and nobody will be able to get an owner occupier mortgage for a house with sitting tenants. Realistically she'll have a world of trouble trying to sell with them there.

    Cool, she's just going to have to let them know that they'll have to move and sell it as an ordinary house sale. I think the contract renewal is in May/June she said, so she can give loads of notice now.


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    #4
    D3PO
    Registered Users Posts: 7,879 ✭✭✭D3PO


    it is possible to sell with tennants in situ however not to somebody requireing a mortgage. So immedialty your cutting the demographic of purchases down signifnicantly.

    Best bet is to let their lease expire, give them the appropriate notice under part 4 as selling is a genuine reason to give notice and have your sister put it up for sale.


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