Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Advice On How To Handle a Buyer's Request To Move In Early
Howdy, BP!
I recently got my latest fix-and-flip property under contract (yay!). We're scheduled to close on or before June 30th. This morning I received this request from the buyer's agent:
"The Buyers are asking me for some help so they don't need to move twice.
The Buyers for your Condo need to vacate their home on Ford Lane Vermilion before July 1st.
"We would like to see if the Seller of your Condo... since we gave him a very good offer... would allow....... if we get mortgage approval for this loan and we put the utilities into the new Buyers name....... if we could start moving into Grand Harbour the last 15 days of June so we could be out of our house by July 1st and don't have to move belongings twice.
"Perhaps we could put down some extra monies with the Title Company to show your Seller in good faith that the loan will be going thru. Out goal now is to try and close out your Condo transaction on or before the 30th of June. But.....it depends how fast the Condo Management gets the paper work back to Newman Title. That will be the key to transferring this property earlier.
"Any thoughts on how you can help us?????"
I'd like to help any way I can, but I also don't want to get burned or blindsided. This is the first time I've had this kind of request and would much appreciate any thoughts that the experience BP members might have.
Many thanks,
Mark