Tired landlord in Santa Fe? Non-paying tenant? Squatters in your New Mexico rental? Cash4HousesNow buys occupied properties — you don't have to evict first. We close, the tenant becomes our problem, you cash out and never deal with them again.
Bad tenants in Santa Fe, New Mexico can drain your savings and your sanity. New Mexico landlord-tenant law sets specific procedures for eviction that can take weeks or months even when tenants violate lease terms. Cash4HousesNow buys rental properties with tenants in place — including non-paying tenants, holdover tenants, and squatters. You don't have to wait for eviction to complete. We take the property as-is and handle the tenant situation post-closing.
No obligation. We close at a Santa Fe County title company.
Call (555) 555-CASHYes. We routinely buy Santa Fe, New Mexico rentals with tenants who haven't paid in months. The New Mexico eviction process can take 30-90 days or longer, costing you in lost rent and legal fees. Selling to us cuts that loss — you transfer the property and the tenant problem to us at closing. We absorb the eviction time, you walk with cash.
Squatter situations in Santa Fe, New Mexico are some of the hardest to resolve as an owner. New Mexico squatter laws vary, and removing them can take months in court. Cash4HousesNow buys properties with squatters in place — we have the resources, attorneys, and patience to handle the removal. Your offer reflects the squatter complication, but we will close.
Yes. We can close with an eviction in progress in New Mexico. The lawsuit transfers to us as the new owner — your attorney can substitute Cash4HousesNow as plaintiff, or we file fresh. Either way, the eviction continues without interruption while you walk away from the entire situation. Many Santa Fe landlords prefer this to seeing the eviction through.
New Mexico requires security deposits to transfer to the new owner at closing. We accept that transfer and assume the lease obligations. Santa Fe tenants with valid leases continue under the same terms post-sale — that's both New Mexico law and federal law (PTFA). At lease expiration, we decide whether to renew, sell, or leave vacant.
The math depends on your time horizon. Evict-then-sell in Santa Fe averages 60-120 days plus $2,000-$5,000 in attorney/court costs plus continued lost rent. Sell-with-tenants is typically 7-14 days but reduces our offer by roughly the cost of completing the eviction ourselves. Most tired landlords come out similar net, with months less stress.
Yes — we want full disclosure. Lease terms, payment history, prior eviction filings, security deposits, complaints, anything ongoing. Hiding tenant issues to inflate offer creates problems at closing. We discount for the situation upfront based on full information. New Mexico also has seller disclosure requirements that we need accurate information to satisfy.