Key Facts

• Tenants have legal rights (especially Section 8)
• You can sell, but buyers must honor lease or offer buyouts
• Missteps can delay the sale or cause legal trouble

How to Handle It

• Notify tenants of the foreclosure process
• Offer relocation assistance (cash for keys)
• Work with buyers experienced in tenant-occupied properties

We regularly buy homes on Long Island with tenants and handle the communication with care.

Also Read: Selling a probate home that’s in foreclosure on long island