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Updated over 8 years ago,
final walk through and owner hasn't even started moving
Hello everyone.
I am dealing with a situation here and I am not sure how to proceed. Thanks in advance for any help. Here is the scenario:
I am the buyer of a short sale home. It has taken a year to finally get approval, junior leans settled etc. Seller has been fully cooperative up to this point and will be receiving HAFA funds of $10,000 at closing. Seller's daughter and her family are living in the house. Seller has been aware of closing date since it was scheduled 30 days before and has guaranteed that his family will be out by then. I went for final walk through this morning and sellers family has done nothing to pack or move their belongings and they have ALOT of stuff. (Like it would take at least a week to move all of it.) Closing is in two days and I am scheduled to sign closing papers and deposit funds tmro morning.
I did not speak with the residents of the house or with the owner as my agent says he will initiate the communication as he is representing both of us. I told my agent that I will not sign closing papers until I am confident that they will be vacating. I do not want to inherit the house with them in it and have to evict. But considering they are only bound to move once escrow has been closed, what is the best way to go about this?
I feel it is in my best interest to wait until they are fully moved out to sign closing papers and transfer funds to escrow. I have had to go through evicting tenants in the past and it is a nightmare. Once they have all of their possessions out of the home then I will sign closing papers and change the locks. But as long as they have possessions in the home, then legally they have access to the property and I cannot change locks. (As far as my experience tells me from past evictions.)
Considering they have not lifted a finger in the vacating process and closing is just now 2 days away, isn't it logical that I tell them that I will extend escrow until they are fully vacated?
Any advice is appreciated. Thanks so much.