SC Real Estate Forums

Posted: Mon Mar 28, 2005 3:12 pm Post subject: Moving in early

I am selling a property and a buyer has accepted, but they have asked to be allowed to move in before closing and offer a moderate rent to be allowed to do so. Is there a downside to allowing this? Buyer is said to be prequalified for selling price.

Posted: Tue Mar 29, 2005 5:08 am Post subject: Be Careful

Initially, I would advise you not to do this, however, I am not aware of all the details.

[b]possible issues[/b]:
tennants rights
property improvements
disillusionment
property damage
etc........

This could be a big favor or a big mistake, but it is always a risk.

If you decide to bend over backwards for the Buyer(s), make sure to get EVERYTHING in writing with an exit strategy.