Selling House

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  #1  
Old 02-12-2020, 04:51 PM
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juliewna juliewna is offline
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I have a patio villa in the village of Ashland 10 minutes away from Lake Sumter which I’m going to be selling soon. Currently I have an excellent tenant in the home that’s been there 3 to 4 years and hopes to stay. Trying to decide if I should wait to the end of his lease and have him move out and then sell it as a turnkey or if there is much interest in purchasing investment property with a tenant that is in place. I do not live in the area, so everything is done long distance.
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  #2  
Old 02-12-2020, 04:59 PM
Luv2Bretired Luv2Bretired is offline
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How much do you want for it?
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Old 02-12-2020, 06:54 PM
Love2Swim Love2Swim is offline
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You want the place to be clean and neat when it is being shown. Can the tenant do that, and will he/she be willing to accommodate the real estate people when they want to do a showing?
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Old 02-12-2020, 07:37 PM
Laker14 Laker14 is offline
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Assuming you are going to be using a real estate agent, I'd suggest that is an excellent question to ask him or her.
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Old 02-12-2020, 08:53 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by juliewna View Post
I have a patio villa in the village of Ashland 10 minutes away from Lake Sumter which I’m going to be selling soon. Currently I have an excellent tenant in the home that’s been there 3 to 4 years and hopes to stay. Trying to decide if I should wait to the end of his lease and have him move out and then sell it as a turnkey or if there is much interest in purchasing investment property with a tenant that is in place. I do not live in the area, so everything is done long distance.
I think you will get a better price if you move the tenant out and make the house attractive to a buyer who wants to live in it. An investor will probably want to buy the house for less than market value. Currently, there is a seller's market in The Villages, and villas are in demand. You will have a lot more potential buyers who want a house to live in it than you will have investors. Having a current tenant in the house is not really an advantage because an investor can always find a tenant.
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selling, tenant, area, turnkey, lease

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