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Updated almost 8 years ago on . Most recent reply

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27
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5
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James Jacobs
  • Saginaw, MI
5
Votes |
27
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Seller Occupied Duplex - Need Advice!

James Jacobs
  • Saginaw, MI
Posted
Tuesday, I am closing on a seller occupied duplex deal in Michigan. The seller has been VERY unmotivated throughout this deal. I get possession of all things at closing per the contract. However, I verbally told the seller he has 30 days to move out. Is there any document I could or should issue to the seller to ensure that he moves out of the duplex within 30 days? The guy seems nice but just v-e-r-y s-l-o-w at everything. I would like to prevent a bad situation in case he's still in the unit in 30+ days.

Most Popular Reply

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292
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115
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Andy D.
  • Investor
  • Zürich, Zürich
115
Votes |
292
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Andy D.
  • Investor
  • Zürich, Zürich
Replied

Just curious: Why would you not have him move out at closing? You're losing either a month's rent or time to beef up the place, whatever your plan is.

In any case: always get everything involved with such a transaction in writing!

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