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All Forum Posts by: Jessica Warrick

Jessica Warrick has started 1 posts and replied 1 times.

General Landlording & Rental Properties

Post: Rent-back or not

Jessica WarrickPosted
  • Posts 1
  • Votes 0

We’re under contract for our second rental property. The seller is an old man who needs a week in the house after closing before he moves into his retirement home. Our realtor just wants to include an addendum in the contract to alloW him to occupy after closing. I’m considering a rent back but I don’t necessarily need the rent from him but we don’t want the liability or potential damages of him being in the home after closing. What do you all recommend when considering how to handle seller occupancy after closing?

0 Votes