Hi all,
So I moved away from my home in south florida. I wanted to try to rent the house for a year and see if it could prove to be profitable. Well the house insurance is up $1500 from where it was before due to my previous policy not allowing renters, dog breed restrictions, and issues with my wind mitigation. Now i'm not making a reliable profit and the market is good so i'm cutting my loses and selling.
Now I'm trying to sell my house to the current renters, but we have a lease in place and the property is managed by a third party property management company. So far the renters have been playing games with the price so nothing is set in stone, but if they do provide a good offer and purchase the house, what can I do with the lease agreement and property management? Try to term or sign the paperwork so that the renters take ownership the day after the lease is over? Should I offer to pay the property management fees for the rest of the lease out right? I'm thinking the property management company will not like this situation, especially because they are also a realty office and were thinking they would sell the house when the time came to.
Thanks for the suggestions!