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Updated about 10 years ago on . Most recent reply

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Joshua D.
  • Investor
  • Columbus, MT
1,097
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1,255
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Seller Stays 30 days after closing!!!!!????

Joshua D.
  • Investor
  • Columbus, MT
Posted

So my brother is buying his first house in Northwest Ohio.  He is suppose to close next week and was telling me that their contract with the seller stipulates that the seller can stay in the Home for up to thirty days after closing...  I kind of freaked out for a bit and he called his realitor and she said this is "normal in their area and happens all the time" 

The sellers are an older couple and have TONS off stuff and need time to move out... they have not started moving at all yet even though they have had a contract for 45 days now.  

Is it just me or could my brother be in for a mess!   Is this actually normal?

Most Popular Reply

Account Closed
  • Investor
  • Central Valley, CA
3,729
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Account Closed
  • Investor
  • Central Valley, CA
Replied

It's normal.....if you can get a buyer to go for it.  Apparently your brother did go for it as he signed the contract.  Trouble with long-time entrenched owners (and tenants) is that they are often delusional about what they can accomplish.  Or where they are going to go.  Or both. The other problem is that if they don't leave, you end up dealing with them through the courts.  It's not like the police come and say "your time here is up".  I'd never let a former owner stay without  a specific rental agreement for that 30 days.  I'd never let someone stay in possession of my house without having everything lined up so I could start eviction if I needed to.  

I'd not close on that house unless the sellers signed specific rental agreement for the 30 days.  There would be a deposit, there would specific terms regarding vacating and removing personal property.  But that's me and because I learned it the hard way

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