Good or bad idea

[Christopher Giannino]

I recently looked at a house that I'm interested in putting an offer in on. It's 4 bed room, 2 full bath house with a little over 1500 sq. ft. The sellers are a young couple and are expecting a baby within the next few months. My realtor told me that the sellers are interested in a short term lease and renting the house to avoid stress because the baby is coming. A little background information on the sellers, they acquired the house due to a death in the family. Not too sure if it's willed to them or an estate (in the process of finding out) Do you think this is a good or bad idea. I obviously would do a proper screening before allowing them to sign the lease. Is this offer too good to be true? Has anyone dealt with sellers as tenant? Any input would be great! Thanks!

[Glen Sonnenberg]

I haven't experienced it but I've heard of it with others. Sometimes there is a delay in closing on a house the seller is purchasing and they go month-to-month until they can move. If the seller knows how long they are going to want to stay you might consider seeing if they would be willing to pre-pay the rent as part of the closing. That way you don't have to worry about them paying.