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Updated over 13 years ago,

User Stats

133
Posts
43
Votes
Lance H.
  • Real Estate Investor
  • Woodbury, MN
43
Votes |
133
Posts

Discount to delay possession?

Lance H.
  • Real Estate Investor
  • Woodbury, MN
Posted

Hey Everyone,

So I'm under contract to purchase a Mobile home on the 25th. The seller calls me tonight and wants to know if I will let him keep possession of the home for a week or to AFTER we close so that he can use the money to get a new place to live. He is willing to discount the price to compensate me.

My question is what issues could I run into by doing this. The title will be in my name and I'm not worried about the marketing piece because I already have the buyer signed to move in on Sept 15 and the home doesn't need any work. Saving a couple hundred dollars on the purchase seems great to me, but I don't want to put myself in a bad position either.

Any suggestions or warnings would be appreciated!

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