Proverbs Home Buyers - QA Stream
Phillip T. Jones
What are the best practices for selling a house with a long-term lease in place?
In a case like this, you'll want to be upfront and look for the right kind of buyer. That's been my experience, anyway.
Be upfront with potential buyers about the lease. It’s crucial to share all the lease details, including the terms and how long it has to go. This transparency helps avoid any surprises later and attracts buyers who are comfortable with the situation. Or even buyers who prefer it.
People who are buying the property as an investment may be happy to get one that already has a long-term tenant. Especially if said tenant is paying their rent on time. Real estate investment companies like Proverbs Home Buyers - https://www.proverbshomebuyers.com/ are also ok with buying leased-out properties, I worked with a company like that when I needed to sell my house fast in Central Pennsylvania.
Oh, and make sure you understand your legal obligations and the tenant's rights. Depending on your location, there may be specific laws about selling a property with tenants. It might be a good idea to consult with a real estate attorney to guide you through the process.

Ryder Bassett