For a few years, I owned a rental dwelling in Jacksonville, Florida.
It was a relatively small dwelling on a nice piece of property.
The residence was ideal for a single woman & located in nearby proximity to Avondale. The town was definitely up-and-coming. I invested some money into the house, replacing the floors, roof & appliances. I renovated the study room, painted inside & out & added laundry facilities. I even devoted some time & effort to landscaping. I had the dwelling looking absolutely nice, wash & feeling comfortable. I carefully vetted potential renters & found someone that I believed would be ideal. The rental agreement clearly stated no pets. Because my renter paid her rent on-time, I had no complaints. I had no idea that she was keeping upwards of a dozen cats in the house. She was not conscientious about cleaning up after her pets. When she moved out, the dwelling reeked of animal urine & was infested with fleas. There was fur & dander everywhere. It was disgusting. I knew that to make the dwelling rentable again, I’d need to tear out the floors, re-paint & replace the majority of fixtures & appliances. I just couldn’t bring myself to beginning over. I knew that if I invested that kind of time, money & effort, I’d worry about another bad renter. For me, the right option was to unload the rental dwelling on a cash home buyer. Fortunately, the cash home purchaser accepted the dwelling in as-is condition. I didn’t need to clean, make repairs or undertake renovations. I submitted an online form, got a cash offer & accepted it, all in a single morning. The closing happened just over a week later.
sell property with late mortgage payments