Current owner wants to stay after closing

[Mason Pastore]

I'm looking to put an offer where the owner wants to stay for 2 months after closing so they can have the money for a down payment and time to buy another place. This is an investment property that I plan to live in for a few years before renting out. Are there any specific considerations that should be added to the contract. I'm a bit nervous about a situation where the current owner is unable to buy another place in this time period and will want to continue living in the apartment.

[James DeRoest]

Originally posted by @Mason Pastore:

Are there any specific considerations that should be added to the contract. 

"I buy, you go".

His realtor needs to explain to him the concept of "selling a property". It means "get the hell out when you sign it away", not "stick around for a couple of months".

We had something similar with a crackhead "you won't mind if I stay for a few days". Yeah, we do and will. Get out. And take your skanky chair with you.