Selling a house in Norfolk with non paying tenants

Selling a house in Norfolk with non paying tenants
Alex:
Hi, everybody. This is Alex from Coastal Edge Home Buyers. In today’s video, look behind me, you can see those townhouses. This is in the Wesleyan College Area of Virginia Beach. I wanted to let you know that just last week we purchased a townhouse here, right here in this neighborhood, which has non-performing tenants, meaning – people that have been living in there for over a year, but over the last four months they have not paid any rent. So what happens now is, we’re buying the house with the responsibility to deal with the tenants. So, I just wanted to let you know that this is part of what we do. We help people in many different situations, including like in this scenario here, landlords who have non-performing tenants and they need our help.

So yes, we can buy a house or an apartment or a townhouse, even with non-performing tenants living in there. And what is going to end up happening is, we’re going to purchase the house, the deed will transfer over, and then we’re going to have to deal with the eviction process of these tenants. We are Coastal Edge Home Buyers and we buy houses in any condition, anywhere in the Hampton Roads area. And, as you can see in this example, in some cases we buy houses even with the tenants in them. Just give us a call if you have any questions, or if you have a house that you would like to sell. We’re Coastal Edge Home Buyers and you can reach us at 757-414-7117.
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