Users' questions

Should I get a realtor to help me find a rental?

Should I get a realtor to help me find a rental?

Finding an apartment in your area is like a battlefield. These cities have huge populations of renters, so hiring a realtor can give you a huge advantage in your search. Likewise, agents also have access to rental listings available in the Multiple Listing Service or MLS.

Should I have a realtor when renting?

An increasing number of real estate agents are assisting renters with finding their dream apartments, condos, and rental homes. However, it is necessary to look for a rental real estate agent specializing in that market because many others still focus on buyers and sellers.

What happens when a landlord wants to sell the House?

As the property owner, the landlord has the right to sell his property whenever he so chooses – but he must still abide by the lease he signed with you. What this means is even if someone purchases the house tomorrow, you still have the right to live there until your lease is up… unless your lease says otherwise. Leases are contracts.

What do you need to know about selling a rental property?

Selling a rental property 1 Landlords must let tenants know they’re selling. If a landlord puts the property on the market, they must tell the tenant in writing. 2 Access to the property. Landlords must get the tenant’s permission before entering the house to take photos. 3 Once the sale has taken place. …

Can a landlord put a rental property on the market?

If a landlord terminates a tenancy under this new termination reason, they cannot put the property on the market for sale until the tenancy has ended. They may, however, make preparations (such as a real estate agent carrying out an appraisal or taking photos) if the tenant gives permission.

Do you have to give your tenant permission to sell your property?

The landlord does not have to grant this. If you’re a landlord, talk to your tenant before planning for open homes or an auction at the property. You will need the tenant’s permission for specific dates and times. Communication and negotiation are important.

Do you have rights if your landlord wants to sell your house?

Since landlords own the property you’re living in, they do have the right to sell it whenever they want. Still, that doesn’t mean that they can just kick their renters or tenants to the street immediately or mess with your security deposit. Tenants have rights, too!

When does a tenant want to buy your property?

One fairly common way that landlords like you might sell a property is when a tenant wants to buy the property that they have been renting for you. What’s the process if your tenant wants to buy your property? Many landlords worry when this happens: “my tenant wants to buy my property; won’t I lose money?”

When do you have to move if your landlord is selling your house?

When do you have to move from the rental property? If you’re on a month-to-month lease, in most states, landlords are required to give a 30-day written notice to tenants to vacate if they decide to sell to a buyer or new landlord. Some areas have different rent laws, though, so it’s wise to check.

When is it time to sell your rental property?

It may be time to sell the rental property if: Being a landlord has become too much work and you’re overextended Your tenants are consistently a problem Your plan for being a part-time landlord has shifted into full-time work