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Updated about 11 years ago,
tenant wants extended occupancy after closing....
Hi everyone,
I was just curious about what can be done here. I made a wholesale offer to somebody for there condo and they said that there desire is that they can pay off there mortgage and move. My offer is just enough to cover there mortgage and then some (170k for a 165k mortgage). However they said in order for them to accept my offer they will need about 2 months of extended occupancy after closing so they can save up some extra money to move.
I am not sure how I could make his work. Should I drop the deal?