Tenants are you renting a pre-foreclosure?
Tenants Renting Pre-Foreclosures FOR SALE Property Management and Trying to Sell a Rented Home Many of the houses we have listed for sale are in a pre-foreclosure situation right now. That’s ok, we do have experience with short sales. But we also have many pre-foreclosure homes with tenants in place. No, we didn’t place the tenants, we don’t think that is right, they were already there & typically prior to knowing about any type of pre-foreclosure issue with the owner. Ok, fine. So how can we sell these homes with a tenant in place? In the best case scenario, the tenants would work WITH us. If we sell the house to someone else BEFORE it forecloses their lease will remain in effect. Great. They still have…