Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
6
Votes
Diego Figueroa
  • San Diego, CA
6
Votes |
18
Posts

Seller wants "Move-Out Period"

Diego Figueroa
  • San Diego, CA
Posted

Hey BP!

I'm setting up a Purchase Agreement for a home with a seller that wants to stay another 30 days after closing, and rent the home back for that period, as a "move out period". It's my first time negotiating with a seller that wanted to stay in the house another 30 days after closing. Should I just extend the Closing Date to whenever they're ready to deliver Possession? Or should I try to set up a lease after closing for that month?

I'm a bit lost so I'd really appreciate any help, 

Thank you guys in advance! 

Loading replies...