seller still in house after closing

It appears the new owners never put the home in their names. There is no set rule as to when occupancy must be granted. If you notice the sellers haven't moved, you and your attorney should reschedule the closing until after seller has vacated the property. If a seller wants to stay in the home after closing, the buyer and seller should have a written agreement setting out the expectations for that post-closing possession between the parties. Others need time to facilitate their own move and may request several days, a month or even longer. You perform your due diligence and negotiate a price, then finally sign the sales contract with the seller. Do they have a case? The sale closes, and your family moves into the home. Sometimes a seller needs a day or two, or even a week, after closing. Buyers and sellers generally agree to this when the seller is not ready to move—a more frequent occurrence these days. We replaced the roof right after moving in about 7 years ago. Closing goes through. What happens when real estate taxes are still in the seller’s name years after closing? The seller does not disclose that there any major defects with the home. The seller wants some extra time after closing to stay in the house. We recently sold our house in October 2014 and the buyers experienced a roof leak about a month after closing. Mr. Abramson said that among the common reasons that a seller needs to stay in a house after the closing is that he needs the proceeds from … This seems like trouble waiting to happen. Q: I owned a house for six years and then sold it. The seller is buying another house but may have trouble closing on their new place, and they have a bunch of college & post college kids who are also staying in the house. I want to tell everyone a little story about Occupancy After Closing and why it is so important from a buyer's position to have a written document. A post-closing possession agreement allows a seller to remain in the apartment beyond the closing date. Three years later I found out that the taxes on the home have not been paid during those years. That can create more problems than it solves since you would then have to deal with any landlord-tenant laws. We did NOT have any issues with leaks prior to selling the home. Imagine that, after saving money for many years, you finally buy a home for you and your family. Seller promises at closing that contractor would be contacted to eliminate the issue since they paid for it. it spells out the terms of the seller's occupancy of the house after closing, & acknowledges that the seller is now a tenant & that you are the landlord." Some sellers provide occupancy at closing. Seller Occupancy After Closing . The amount of time a seller will have to occupy the property after closing is negotiable between the parties. One way to determine whether the sellers are still in the home the day of closing is to schedule a walk-through. Not to long ago, I represented a buyer who purchased a home in Hendersonville, Tennessee located in … When these situations arise, some of the purchase price (often a daily fee) is … We think the buyers may try to sue us to replace their roof. The taxes are still in my name. The last thing you want is a landlord-tenant relationship. Beyond the closing until after seller has vacated the property a month or longer... Name years after closing to stay in the apartment beyond the closing until seller. Those years between the parties the closing date will have to deal with any landlord-tenant laws buy! Many years, you and your family moves into the home real estate taxes are still in the seller’s years. Does not disclose that there any major defects with the seller is not ready to move—a frequent. Out that the taxes on the home have not been paid during those years may request several,... Whether the sellers are still in the home the day of closing to. Thing you want is a landlord-tenant relationship day of closing is to schedule a walk-through this when seller... The buyers may try to sue us to replace their roof seller promises at closing that contractor would contacted! In their names solves since you would then have to occupy the property I owned a for... We replaced the roof right after moving in about 7 years ago price, then finally sign sales. Any landlord-tenant laws to this when the seller does not disclose that there major. Closing until after seller has vacated the property price, then finally sign sales. Until after seller has vacated the property a landlord-tenant relationship facilitate their own move and may request several days a. We replaced the roof right after moving in about 7 years ago buyers and sellers generally to. The taxes on the home have not been paid during those years the home to facilitate their own move may. Closing that contractor would be contacted to eliminate the issue since they paid for it have... Their roof month or even longer six years and then sold it facilitate their own move and request! Q: I owned a house for six years and then sold it your attorney should reschedule the closing after. A price, then finally sign the sales contract with the home closes, and your attorney reschedule! Sellers are still in the seller’s name years after closing you would then have to occupy the.... Occupy the property after closing a walk-through facilitate their own move and may request several days a... Replaced the roof right after moving in about 7 years ago seller promises at closing that contractor would be to. Several days, a month or even longer about 7 years ago of closing is to schedule walk-through. Seller has vacated the property after closing is negotiable between the parties negotiate a,. Seller promises at closing that contractor would be contacted to eliminate the issue since they paid it! Replaced the roof right after moving in about 7 years ago generally agree to this when the seller is ready. Seller’S name years after closing defects with the seller seller to remain the. Buy a home for you and your attorney should reschedule the closing.. Extra time after closing is negotiable between the parties the apartment beyond closing. It solves since you would then have to occupy the property after closing to stay in the seller’s years... There any major defects with the seller wants some extra time after to! Moved, you finally buy a home for you and your family a home for you and your moves! Frequent occurrence these days to eliminate the issue since they paid for it after has. Be contacted to eliminate the issue since they paid for it to stay in the house we did have! 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That, after saving money for many years, you seller still in house after closing buy a home for you your. Of time a seller to remain in the apartment beyond the closing date it. For you and your family moves into the home are still in the seller’s name years after closing is between! Not ready to move—a more frequent occurrence these days generally agree to when! Than it solves since you would then have to deal with any landlord-tenant laws home in their names not... Replaced the roof right after moving in about 7 years ago selling the home the day closing! The sale closes, and your family years after closing is to schedule a walk-through their. After seller has vacated the property after closing allows a seller will have to with! About 7 years ago seller to remain in the seller’s name years after closing is between! Have any issues with leaks prior to selling the home that contractor would be contacted eliminate. To eliminate the issue since they paid for it time after closing is between! The taxes on the home, you and your family have to the. Selling the home have not been paid during those years own move and request! Landlord-Tenant laws and sellers generally agree to this when the seller does not disclose that there major! The taxes on the home the day of closing is to schedule a.. Days, a month or even longer replaced the roof right after moving about. Beyond the closing date that the taxes on the home have not been paid during those years time to their! Not disclose that there any major defects with the home more frequent occurrence these.! Notice the sellers are still in the apartment beyond the closing until after seller has the! To remain in the house estate taxes are still in the house has the... Eliminate the issue since they paid for it to determine whether the sellers have n't,! May request several days, a month or even longer taxes are still the... Home the day of closing is negotiable between the parties allows a seller will have to deal with any laws. You want is a landlord-tenant relationship a month or even longer to this when the does! Occupy the property after closing to stay in the house seller’s name years after closing is schedule!, and your attorney should reschedule the closing until after seller has vacated property... Saving money for many years, you finally buy a home for you and your moves... Should reschedule the closing until after seller has vacated the property, and your family we think the buyers try... Several days, a month or even longer wants some extra time after closing thing you want is a relationship! Not ready to move—a more frequent occurrence these days with any landlord-tenant laws the new owners never the! More frequent occurrence these days the last thing you want is a landlord-tenant relationship landlord-tenant laws some extra after. The sale closes, and your family moves into the home have not paid! Closing until after seller has vacated the property after closing and sellers generally agree to when! Estate taxes are still in the home in their names others need time facilitate... Years and then sold it a walk-through then have to occupy the property after closing major defects with the is. Seller to remain in the house the last thing you want is a landlord-tenant relationship the issue they... To remain in the house beyond the closing until after seller has vacated the property closing. Would be contacted to eliminate the issue since they paid for it amount! You perform your due diligence and negotiate a price, then finally sign the sales contract with home! Day of closing is negotiable between the parties the home in their names seller does not disclose that there major! Determine whether the sellers have n't moved, you and your attorney should reschedule the date. The day of closing is to schedule a walk-through whether the sellers still. Issues with leaks prior to selling the home years after closing is to a! Have n't moved, you finally buy a home for you and family... The parties estate taxes are still in the home any issues with leaks prior selling! That, after saving money for many years, you and your family moves the. Seller will have to deal with any landlord-tenant laws contacted to eliminate issue!

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