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buying home, reluctant tenent

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bbudd

Guest
What is the name of your state? Connecticut

I have a home under contract and am scheduled to close in just a few days. The sellers don't reside in this state and the home is currently occupied by a renter, who isn't on a lease. He's also very reluctant to move, and it doesn't appear that he'll be out of the house by the closing date. The sellers have sent him a notice to vacate, but it may get ugly; he's pretty cantankerous and my stay until forced to go. My questions are as follows:
1. How long, worst case, will I have to wait?
2. If this drags on for months, and I'm forced to re-apply for a mortgage at a higher interest rate, what's my exposure in relation to the contract I've already signed?
BTW, my wife and I really like this house.
 


HomeGuru

Senior Member
bbudd said:
What is the name of your state? Connecticut

I have a home under contract and am scheduled to close in just a few days. The sellers don't reside in this state and the home is currently occupied by a renter, who isn't on a lease. He's also very reluctant to move, and it doesn't appear that he'll be out of the house by the closing date. The sellers have sent him a notice to vacate, but it may get ugly; he's pretty cantankerous and my stay until forced to go. My questions are as follows:
1. How long, worst case, will I have to wait?

**A: 3 months.
*******

2. If this drags on for months, and I'm forced to re-apply for a mortgage at a higher interest rate, what's my exposure in relation to the contract I've already signed?
BTW, my wife and I really like this house.

**A: if you like the house close but hold back in escrow from funds of Seller, enough to cover legal fees and court costs to complete the eviction.
 
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bbudd

Guest
Thanks for the reply-it's about what I figured. If I do close and the property becomes mine can I pitch a tent in the front yard and play annoying rap music at high decibles until he goes away?
 

HomeGuru

Senior Member
bbudd said:
Thanks for the reply-it's about what I figured. If I do close and the property becomes mine can I pitch a tent in the front yard and play annoying rap music at high decibles until he goes away?

**A: no but you can hire Bruno and Bubba to make him an offer he can't refuse.
 

JETX

Senior Member
bbudd said:
Thanks for the reply-it's about what I figured. If I do close and the property becomes mine can I pitch a tent in the front yard and play annoying rap music at high decibles until he goes away?
No. The 'inherited' tenant has his rights also. You will need to follow your states requirements for 'notice to vacate' and possibly file a detainer (eviction) action against the tenant if he doesn't voluntarily leave.
 

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