Profile picture for user3938896

tenant eviction

hi, we're trying to buy a home with 4 no lease occupied apartments. in order to live there we would need 2 apts vacant. seller is not very responsive in taking up evictions. how bad could it be to buy as is? anyone experience with evictions in brooklyn? timing/money? long term non paying tenants will def kill us financially, but this home is the only one on the market at the moment within our budget and location.
  • January 09 2014 - Bedford Stuyvesant
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Answers (6)

Profile picture for superiorservices
You should consult with an L&T lawyer. I had very good results with Adam Cooper ESQ. Give him a call 917-363-9369. Good luck.
  • January 09 2014
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Profile picture for user3938896
we received contract from seller with 1 vacancy. we discussed with seller's broker that we wanted 2 vacancies and according to him, they agreed. we send a contract back with adjustments, but never heard back from them. both attorney and broker are unable to reach seller somehow. all we hear is that they were upset and no more communication. we've been waiting for more than a month and i'm risking losing my mortgage rate soon.
i think no one is doing anything at the moment. agreeing to 1 vacancy seems like the only way to maybe move fwd...?
  • January 09 2014
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Profile picture for wetdawgs
I would not bend from the terms of the contract at this point, or you may end up with a very expensive legal issue on your hands after closing.

While it can be frustrating, closing doesn't occur until the seller has completed his responsibilities.   What is your agent doing to make sure this happens?

  • January 09 2014
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Profile picture for user3938896
thanks, but that seem to be the problem. we had an agreed offer and received contract ready to be signed by seller. we stated 2 apts vacant and haven't heard from them since then (more than a month ago).
we are wondering if the evictions are holding things up (seller is not communicating with anybody).
we are in a hurry to move and hoping that agreeing with 1 vacancy (for mortgage reasons) could make him sign.
  • January 09 2014
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Profile picture for wetdawgs
I agree with Ron.  Closing occurs only after vacant walk throughs on two of the units. 

  • January 09 2014
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Profile picture for Gabilan Properties
I would stipulate in the purchase offer that 2 of the units shall be vacant at close of escrow.

You will be amazed at how the sellers tune changes when they know they won't see any money until the tenants are gone!

Good luck!
  • January 09 2014
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