Most Buyers Will Want You To Move Out Of Your Home By The Closing Date


Most Buyers Will Want You To Move Out Of Your Home By The Closing Date
By Scott Rogers • October 2, 2024
So, you're getting ready to sell your home... but you're also buying a home... and you're wondering how this will all work out if you have to be out of one house by the closing date and can't move into the new house until that same closing date. Indeed, a good question. I'll start by pointing out that... Most Buyers Will Want You To Move Out Of Your Home By The Closing Date It's certainly possible that some buyers for your home might be willing to let you rent back for a few days or even a few weeks after closing... but that isn't likely to be most of the buyers. Most buyers will actually want to have access to the house as of the closing date... and will want you to be out of there at that time. Given that most buyers will want you to have moved out of the house by the closing date, what is a seller/buyer to do? The typical options would be... 1. Ask your buyer again, really, really nicely, if they'd let you stay in the house for a few days (or more) after closing. 2. Ask the seller of the home you are buying if they would let you move into the new house a few days (or more) before closing. 3. Move everything out of your current house and into a moving truck the day before closing, close the following day, move everything into your new house later in the day on the closing day. Yes, stressful. 4. Move out of your house, put things in storage, move into your new home a few days or weeks later depending on when that closing take place. Etc., etc., etc. Point being... you can't necessarily assume, as a seller, that you will be able to stay in your home any later than the closing date for the sale of that home. It will be awesome, of course, if a buyer will allow you to stay in the house after closing, but don't expect it or count on it. Receive Updates by Email Recent Articles: Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer We Will Likely See Fewer New Listings Over The Next Few Months
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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