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Selling Your California Rental Home + Eviction Process

Here at Osborne Homes, we understand that selling your rental property in California can be an incredibly challenging undertaking. There are a lot of considerations and steps everywhere you turn. We know because we get calls from homeowners in this situation all the time – and we welcome them; because our process makes selling a house with tenants a cinch. 

In this post, we will focus on the challenges of selling a rental home in California, what you need to know about the eviction process and what it is that we do here that saves the day every time. In other words, if you are a California home seller dealing with tenancy eviction, the information in this blog is indispensable! 

Reasons for Selling a Rental Home

Ownership of a rental property can bring long-term financial rewards, but there are a number of practical reasons why landlords decide to sell their rental homes. Here are some of the main reasons:

  • Many are retiring and are no longer able to take on the responsibilities of being a landlord.
  • Some simply want to change their investment strategy. 
  • Others may be relocating away from the area and no longer wish to be responsible for maintaining a home that is far away
  • And then there are those who face financial difficulties and require quick access to cash.

In any of these situations, there are many benefits that come with selling a tenant-occupied home. You will avoid any additional landlord responsibilities, access the equity you’ve accumulated, and be free from any problem tenants and all future maintenance costs. 

Osborne Homes is Here to Help

We are a reputable, long-standing, California-based real estate investment company that buys homes in any condition, fast and hassle-free – even those that are currently being occupied by renters – and we pay all cash. 

For those looking for the most convenient all-cash sale experience, know you can contact us today and be in escrow tomorrow. We understand that time is often of the essence in these scenarios, so let us make this process as easy as possible.

Contact us to Get Started!

Evaluating the Value of Your Rental Home

A rental property is an important asset, so when it’s time to sell, you’ll want to make sure you’re getting fair market value for it. Several factors affect the value of a rental home, such as location, size, condition and amenities; but the most powerful determinant is rental income. To evaluate your rental property’s worth accurately, you can use a few different methods such as Comparative Market Analysis (CMA), appraisals or online estimates. 

If you’re looking for speed and convenience with no out-of-pocket costs or fees involved, working with us here at Osborne Homes will guarantee you’ll be getting a fair market value for your property, and that you will be eliminating much of the hassle and uncertainty associated with selling a tenant-occupied home.

Preparing Your Rental Home for Sale

When you sell your home to Osborne Homes, you don’t have to do a thing. No repairs, no hiring a real estate agent, nothing. However, if you are getting ready to sell your rental home on the traditional market, there are a few essential steps to take in order to properly prepare your home for sale:

  • Start by thoroughly decluttering, cleaning and repairing the property in order to maximize its appeal to potential buyers. 
  • Consider further improving curb appeal with flowers or an inviting porch, and make sure any unique selling points are highlighted both inside and out.
  • Once these initial steps are completed, consider staging the property in order to showcase it in its best possible light. 

Gaining a bit of insight into what buyers may be looking for can be a great way to ensure the property is presented attractively and all necessary repairs or updates have been addressed. 

Marketing and Selling Your Rental Home

When it comes to marketing and selling rental property with tenants, there are numerous strategies that can be employed such as using MLS listings, utilizing social media platforms and hosting open houses – all of which may come with their own set of complexities. 

For those seeking a straightforward sale process without having to worry about repairs or staging, working with a real estate investment company like Osborne Homes presents an ideal solution for quick results at the best possible price. Contact us right away to get started.

The Tenancy Eviction Process in California

Sometimes you can sell your home with the tenants in place – without disturbing them. Other times there are problem tenants that need to be evicted before you can sell.

Navigating the tenancy eviction process in California can be a complicated task, and it’s important for landlords to understand the various steps to evict a tenant, such as the types of notices needed and the legal requirements for filing an eviction lawsuit. 

Types of notices that may be required in the California eviction process 

In California, the eviction process is regulated by the California Civil Code and the California Code of Civil Procedure. If you are a homeowner who needs to sell your investment property and you need to evict your tenants in California, you must follow specific legal requirements, including providing proper notice and filing a lawsuit if necessary.

Notice to pay rent or quit

Evicting a renter can be nerve-wracking. Luckily you have legal recourse when your tenant is behind on rent payments. In California, the notice to pay rent or quit is served in this instance. It must be in writing and it must give the tenant at least three days to pay the rent or vacate the property.

Notice to perform or quit

This notice is served when the tenant has violated the lease or rental agreement, for example, by damaging the property or violating noise ordinances. The notice must be in writing, and it must give the tenant at least three days to correct the violation or vacate the property.

Notice of termination of tenancy

This notice is served when the landlord wants to terminate the tenancy for reasons other than non-payment of rent or violation of the lease. In California, the notice must be in writing, and the required notice period depends on the length of the tenancy and other factors. For example, if the tenant has lived in the property for less than one year, the landlord must give at least 30 days’ notice.

Unlawful detainer action

If the tenant does not comply with the notice, the landlord may file an eviction lawsuit, also known as an unlawful detainer action. The landlord must follow specific legal procedures to file the lawsuit, including serving the tenant with the appropriate notice, filing the lawsuit with the court, and attending a court hearing. It is recommended to consult with a lawyer or a local housing authority for specific guidance on the tenancy eviction process in California.

What reasons are allowed for evicting a renter?

Common reasons for evicting tenants include nonpayment of rent, a violation of the lease agreement, or the tenant not leaving after their lease has expired. If a landlord is facing an eviction due to any of these reasons, there are things they can do to protect their interests, including communicating openly with their tenants and seeking assistance from knowledgeable legal professionals. Also, understanding timeline expectations and potential financial costs associated with pursuing an eviction is key to making informed decisions about how to proceed.

Osborne Will Take Care of Everything

Selling your home to Osborne Homes could be the best option for landlords who are selling a property with tenants and need help throughout the process. We’ll handle all aspects of handling formal notice regarding evictions and ensure that you have clear guidance every step of the way.

Contact us to Get Started!

Selling Your Rental Home During Eviction

Owning a rental home and having a tenant in it while trying to sell it can be a complex process, with many considerations to think about – especially when it comes to evicting a renter. You do have options though. Here are a few of them:

  • One option is to sell the property directly to the tenant, allowing them to stay in the home if desired.
  • Another option is to put it on the market for sale and let a third-party buyer take over ownership. 
  • An alternative choice worth considering – particularly for landlords who are facing problem tenants or lengthy evictions – is selling a house with tenants to a real estate investor or investment company like Osborne Homes. 

Our very own Osborne Homes is a well-trusted name in the industry, providing landlords with numerous benefits such as avoiding costly and timely evictions, getting a fair market value for the property – with payment in all cash – and closing quickly so you don’t have to wait months for payment, plus the assurance of no further legal issues with ongoing tenants. With Osborne Homes, you get a fast transaction free from hassle and delays so you can move forward with your goals.

Osborne Will Buy Your Rental Property AND Deal with Your Tenants! 

Selling a house with tenants in California has a variety of benefits, and Osborne Homes puts those advantages within reach. Through hard work and dedication to customer satisfaction, we make it easier than ever before to evaluate the value of your property, understand tenancy eviction options, and get your home sold for all cash with no repairs needed. 
Evicting a renter doesn’t have to be an obstacle to selling your home. With Osborne’s assistance, you won’t have to worry about managing the tedious details that come with selling your rental home – we’ll handle everything from start to finish. Don’t miss out on this incredible opportunity – trust Osborne Homes so you can enjoy a simplified process that results in closing fast without hassle!

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