General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Allow short sale owner to stay for 2 weeks after close?
I am purchasing a short sale property/small house. We are closing in 10 days but apparently owner didn't get notified that they have to be out soon. They are asking if they can stay for 2 weeks after close and pay me rent for that. I am not sure if that's a good idea. What if they don't leave as promised or damage the property when they leave? They would pay rent upfront at closing but should I take additional security deposit? I want to help the owners but don't want to create problems for myself like possibly having to evict them. First time buying a short sale and dealing with this situation. Pl advise. Thanks Ally