Collect the lease and payment history
A buyer will ask for the signed lease, amendments, rent ledger, deposit records, notices, and maintenance history. Accurate records make the property easier to evaluate and reduce surprises during closing.
Protect the tenant relationship
Give notice as required before access and keep communication factual. Tell the tenant what will change, what will stay the same, and who will hold the deposit after closing once your advisors confirm those details.
Choose the buyer that fits the occupancy
Some retail buyers need the house vacant. An investor may accept the lease and tenant in place. Magnolia Ranch Home Buyers can review occupied Columbus rentals and plan the transition with the closing professional.
- Lease term and rent
- Deposit documentation
- Property access
- Needed repairs
- Tenant communication plan