Skip to content
Buying & Selling Real Estate

User Stats

11
Posts
0
Votes
Mason Pastore
  • Rental Property Investor
  • Los Angeles, CA
0
Votes |
11
Posts

Current owner wants to stay after closing

Mason Pastore
  • Rental Property Investor
  • Los Angeles, CA
Posted Apr 13 2015, 14:26
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.

Loading replies...