Do not say 'What mom wants to do' they will call her and harass her. Man up and be the bad guy if you need to be but let your mom just go about her business.
If Mom is the owner, he has to represent himself as being designated by her. "Man Up" is not an answer here and they could easily say what he says doesn't matter because he is not the owner.
This is true. I tried asking my aunt for money because I was bad with money and she refused to enable me. I bit the bullet and applied for a second full-time job to work weekends on and I dug myself out of debt by working 68 hours a week, Sunday through Sunday (you read that right), and I was able to dig myself out of debt a lot faster that way.
Offer them a cash 'incentive' to leave by September 15th at midnight. Of course they aren't entitled to anything, but it will be cheaper than going through a lengthy eviction process, because they will stop paying rent once that process starts.
So let's be clear....are they paying rent and just don't want to move? Because if so just give them a few months notice to move. He's NOT BEING CLEAR OF THE ISSUE
Cash for keys would be a good option. They can leave the house in excellent condition with all their belongings gone for a sum of cash the cost of eviction plus clean up divided instead plus a little extra if the mom has it maybe a months rent for each tenant on top of dividing those expected costs if they will comply to avoid those expenses. That’s what I would propose
Terrible answer Dave. Offer your family the opportunity to buy. If not then proceed to let them know the home will be sold. The caller wants to sell not the 82 year old mom. The caller is weak.
I'm giving this call a "Thumbs.. 👎". he's to weak ( on the phone .. crying 😭)..and the cousin know it ...his 82 year old Mother is being abused .. and he's.. crying...
@i-mm-o res yes they bought it together but legally it was always clear that the person who dies looses right to it. Nobody else from family can claim it.
Looks like when the mother dies or sells it will be a legal battle and dave is dumb The dad of the cousin didnt leave his child the house but then left to his sister? Thats a longer story than that
They feel entitled because the uncle (their father) put in some share. Unfortunately for them, the 'sole survivor' thing was in place. As some others have suggested, offer the sale of the property a little below market value. If they do not take it, evict them. But it sounds like any proposal, they will drag out for years. His mother wants to sell up and move, that is the key thing. If they do not want to buy her out (majority share, because survivor/owner), then evict.
right. The sole survivorship is a cut and dry clause in a contract. Uncle agreed to it at the time when he signed it. So no matter how entitled they feel. This isn't a negotiation because they have no legal legs on which to stand.
If the cousins don't leave, just list the home for sale while they're still occupying it. Then once it sells, the new owner can either work out a rent payment with them or make them leave.
@@paolaristori6179 Here in the US, I've seen homes only sell slightly less, and it's because of the potential risks to the buyer when purchasing a tenant occupied home, but it's no where near the amount of money they're losing by allowing their relatives to live there rent free for years.
A smart person isn’t going to close the deal on purchasing a home while there are tenants in it unless there’s a clear agreement on how the tenants will be dealt with. As in, they will be out before closing or they sign a lease agreeing to be out by a certain date. You do a walkthrough inspection before closing and accept the property as is (including with tenants) or you back out because the tenants are still in the home.
He’s not evicting them since they never lawfully rented it. If you take an item from the store without paying, no sales contract, the shop owner can take that item from you without involving authorities or anyone.
I'm sorry but you are looking this a personal problem when it is a business problem prospective they are paying rent just like any other renter. Is there a contract in place for the rent?
Its doesn't seem morally right that the uncle was 1/3 owner and also paid off the entire house on his own and for his kids to get nothing of it when he passed. They should give half of the sale money to the cousins to be able to buy another home.
Well, you could have water, heating and electricity switched off if they need convincing to leave. They can't really complain if they're living there illegally in the first place.
Idk lol if the parents just helped get the house for him as just putting it in the mothers name or the down payment help but the uncle was the one who paid the house off. The uncle was the one who owns the house right??? Like morally lol, but if that’s what the uncle wanted then ig there’s only so much to do. I’d feel some type of way if my father paid the house off like all of it and my aunt just comes in and takes it.
His mom, dad and uncle combined to buy the house, with ownership passing onto the survivors when any of them died. If his mom & dad paid 2/3 and the uncle paid 1/3, it's not like she just swooped in and took the house.
Most buyers will want the house empty before they're willing to close on it...... Unless they buy it as a rental and is proof that the rent has been paid in a timely manner
I'm just going to guess, but I'm going to say two reasons. First, there's probably improvements or repairs that need to be made before listing the house in order to profit. Second, the caller has zero faith they're going to leave. If he were closing and they weren't out the whole thing would probably fall through and he/his mom might be on the hook for some hefty fees.
@@paulhathaway5907 That’s what I meant, gone by the time of the buyer’s walk through. The issue is whether they are interfering with the real estate agent, by refusing to leave during open houses or not keeping the property clean.
@@rachelharrison7961 It is easier to sell an empty house than one that is occupied (and one will usually get a higher offer from the buyer). Trying to sell a house with renters in it is a pain and I don't recommend it even if the renters are cooperative. Even if the renters are OK with the landlord selling (they usually are not), the renters have to keep the place immaculate (that will not happen-- they have no motivation to do so), try to schedule showings with both the renters and the potential buyers, renters have to leave for showings, and so on. Finally, some jurisdictions allow the renters to stay through there contract, or the renters may not move out-- meaning that the buyers will either not agree to close or they will have to deal with the time and costs of an eviction.
If they’ve been problematic, just have a lawyer send them written notice to begin with. The good thing is all these expenses will reduce the amount of capital gains. So basically Uncle Sam is paying the cost.