I am in the process of buying a home. The current owner has been letting his daughter and grandson live there, but claims he is selling because he's tired of them living off him for free. I told him to get her out before we sign paperwork, because I will not buy a house with her in it at the time of closing. I'm supposed to close on dec. 15th............how can I speed this up?????
2007-11-27 01:02:21 · 6 answers · asked by mrsakurz 2 in Business & Finance ➔ Renting & Real Estate
Save yourself the headache and get another property, unless you really want the property. Some of my investors either payoff the squatters with cash to leave or put them into an apartment and pay six months or so rent. However, these are investors looking to do condo conversions or complete building renovation and need the property vacant.
2007-11-27 01:25:44 · answer #1 · answered by callsherlochomes 1 · 0⤊ 0⤋
Tell the current owner that you want all occupants out and the locks changed by a locksmith you specify, or you won't buy the house. It's just not worth it if you are going to own a home with squatters.
2007-11-27 01:06:36 · answer #2 · answered by sci55 5 · 0⤊ 0⤋
Tell the seller to have the occupants evicted before you'll close. It's a buyer's market. He needs your money FAR more than you need his house.
As to the closing date, don't hold your breath. It will take at least a month to get them removed and 45 to 60 days is likely if they contest the eviction. There's no way to complete an eviction in the less than 3 weeks you have before closing. There's NO legal way to speed the process up if they occupants don't willingly vacate. Sorry!
2007-11-27 01:36:05 · answer #3 · answered by Bostonian In MO 7 · 3⤊ 0⤋
They aren't squatters in the legal sense. If they do not leave willingly they have to be evicted just like any renter would be.
2007-11-27 01:09:32 · answer #4 · answered by Landlord 7 · 1⤊ 0⤋
You did the right thing not buying until he evicts them. If he hasn't started the eviction you probably won't close.
2007-11-27 01:08:33 · answer #5 · answered by shipwreck 7 · 0⤊ 0⤋
Very simple. DON'T SIGN ANY CLOSING PAPERS TILL THEY ARE OUT.
Problem solved.
2007-11-27 12:12:40 · answer #6 · answered by Terry S 5 · 1⤊ 0⤋