Why landlords sell to a direct buyer
Listing an occupied rental means coordinating showings with tenants and often repairing the unit after they leave. A direct sale skips both.
- Existing leases assumed
- No turnover, make-ready or vacancy costs
- Discreet, respectful tenant communication
- Single-family homes, duplexes and small multifamily
What VIV needs to review
Current lease terms, rent amount, deposit details and the general condition of the unit. VIV uses that information to put together a written offer.
Common questions
- Do my tenants have to move out?
- No. VIV assumes the existing lease, so tenants can stay according to its terms.
- What happens to the security deposit?
- Deposits are transferred at closing following North Carolina requirements, handled through the closing office.