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Updated almost 8 years ago,

User Stats

432
Posts
341
Votes
Kenneth McKeown
  • Real Estate Agent
  • Dallas, TX
341
Votes |
432
Posts

HELP! Accepted Offer - but can't move in within 60 days!

Kenneth McKeown
  • Real Estate Agent
  • Dallas, TX
Posted

I have a duplex under contract currently for a good price - but there is an issue. I was misinformed about the other tenant (one has an 18 month lease - met the guy and he's great) and their lease doesn't end as soon as I had hoped. As of now - we would close roughly around May 1st. I'm planning to house-hack using my VA loan - however VA requires occupancy within 60 days putting me moving in at the latest of July 1st. The other tenant's lease does not end until August 30th... does anyone have any suggestions - or am I really going to miss out on this property due to this? I've mentioned to the sellers realtor to see if the tenant would move out early - or if the seller would be willing to extend out the contract, but I'm not thinking either will be likely... who knows. Thoughts?

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