NBR Buying a House

AuntieMaimee

We are buying a house. The sellers have asked that their move out date be 1-2 days after the closing. Would anyone here actually agree to this?

Puck1182

Personally, I wouldn't. I wouldn't want to legally own a house before the previous owners were out of there. That would make me nervous, to sign papers without knowing how the house will look when I actually move into it. Is it possible to push the closing date back a little so you can see the house after they've moved out but before you close?

Poppy523

I would definitely not do that TBH

MommyAndHerLatte

No, I wouldn't. Like PPs said, what if they never move out or if they damage the property? I would just move the closing date. Less headache.

draeray

Well I was in the mortgage business here in Colorado and I can say here it is typical to give 72 hours to vacate after the closing. So to me, it doesn't seem to be a big deal. 

AuntieMaimee

We haven't set a closing date yet. They made the request, but it struck me as a bit strange. I turned their request down because there's just too many things that could go wrong.

Thanks for the input, ladies.

kleigh926

AuntieMaimee said:

We haven't set a closing date yet. They made the request, but it struck me as a bit strange. I turned their request down because there's just too many things that could go wrong.

Thanks for the input, ladies.

That's even weirder to me then. If you haven't even set a closing date, how would they know that they'd need an extra 1-2 days before moving out? Smells fishy.

AuntieMaimee

kleigh926 said:

AuntieMaimee said:

We haven't set a closing date yet. They made the request, but it struck me as a bit strange. I turned their request down because there's just too many things that could go wrong.

Thanks for the input, ladies.

That's even weirder to me then. If you haven't even set a closing date, how would they know that they'd need an extra 1-2 days before moving out? Smells fishy.

They are planning to close on their new house and what will be our new house on the same day, at least that's what I got from my agent. So they don't have a house to move into and want to save money or something by moving after closing.

To me it's just part of the deal when you move. You are out before closing and need to make arrangements.

My agent says that this is 'a consideration' that people ask for these days. To me it seemed ridiculous.

colinsfebmommy

No way I wouldnt

khaze

This was how it was when we bought our house this past summer.  The sellers had 2 days to leave after closing.  That is the standard in our area.

I would go with what your realtor says though.  If he/she agrees that it is reasonable to give them the extra time, I would agree with it.  Your realtor knows how the market works in your area and is looking out for YOU.

AuntieMaimee

Our agent said that if we weren't comfortable that we didn't have to. Just that she sees it as a request sometimes.

Poppy523

It's always a question you can ask the attorney handling your closing for you. I'm sure he or she could explain the standard in your area and what the liabilities of that decision would be .

MalRiggs

Check on your state. In NC I would say no way, but in NY I think they get some time

AuntieMaimee

We are in NH and I don't think it's standard. I was just surprised by tge request.

Linds619

AuntieMaimee said:

kleigh926 said:

AuntieMaimee said:

We haven't set a closing date yet. They made the request, but it struck me as a bit strange. I turned their request down because there's just too many things that could go wrong.

Thanks for the input, ladies.

That's even weirder to me then. If you haven't even set a closing date, how would they know that they'd need an extra 1-2 days before moving out? Smells fishy.

They are planning to close on their new house and what will be our new house on the same day, at least that's what I got from my agent. So they don't have a house to move into and want to save money or something by moving after closing.

To me it's just part of the deal when you move. You are out before closing and need to make arrangements.

My agent says that this is 'a consideration' that people ask for these days. To me it seemed ridiculous.

We just sold our house and bought a new one this summer. We had both closings on the same day and moved out and moved in the same day as the closing. It totally can be done - we just rented the UHaul and trailers (to haul stuff) two days before the closing. It was a marathon to unload a three story house and a basement, but we got it done. We never even thought twice about it. Sure it's a bit inconvenient to pretty much be camping in your own home for a while, but it really not that big of a deal. Personally, I wouldn't rent it out - too many bad things could potentially happen. I agree with PPs and suggest to push closing back a bit.

caladpi02

Doing rent backs are not uncommon in California- but they are literally renting the house from you. I wouldn't do it for two days though, 30 days seems to be the minimum. Also, people in other states have attorneys sell houses?? Here it is all real estate agents.