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Is it possible to move, provided I dont make any changes yet, into a new place (no sellers) before closing? I need to move asap bc of a new job but I don't want to waste money on rent if I can find a condo/close on it w.in 3 weeks.

2007-01-10 04:21:04 · 10 answers · asked by Curious buyer 1 in Business & Finance Renting & Real Estate

10 answers

You can, but it would be done as a rental agreement with the current property owner and would be at the owner's discretion as to whether it would be allowed.

2007-01-10 04:27:22 · answer #1 · answered by number9 2 · 1 0

I don't know what you mean "no sellers" because there is always sellers even if it is a repo, government auction etc. You have to ask the Sellers and your insurance is where you will have trouble, you need the residence reflected on the insurance you need any way. Call your insurance company to find out whether or not you could have 3 weeks renters insurance with a conversion policy to home owners. Chances are you will have to have two separate policies but if you have all your insurance with one company they will let you do this. Good Luck (oh the answer is yes)

2007-01-10 04:28:54 · answer #2 · answered by Conrey 5 · 1 0

Usually you can move into the home early if the seller allows it. You usually have to fill out a prepossession agreement and pay what usually amounts to a daily rent. Many real estate agents STRONGLY discourage their clients from allowing prepossession because it is basically like leasing the property for the time with all the legal liability.

2007-01-10 04:40:49 · answer #3 · answered by RN 2 · 0 0

Typically, you take possession at closing. But, sometimes the seller will make accommodations. Daily rent, free rent, etc. It's a buyer's market right now, so the sellers are conducive to help.

2007-01-10 04:27:43 · answer #4 · answered by Scott K 7 · 0 0

I did it when I bought my first house. Moved in rent free untill closing. Boy did we close fast. It is up to the sellers. Their attorney will probably advise against it. It is possible though.

2007-01-10 04:32:24 · answer #5 · answered by mivol 1 · 1 0

In this case...NO! If there was a seller, they would simply charge you prorated rent for the days you are in occupation BEFORE closing.

2007-01-10 05:40:09 · answer #6 · answered by boston857 5 · 0 0

You'd have to contact whomever is handling the sale of the residence, and you'd pay them rent, etc.
It's kinda sticky--I did not allow that when I sold a property--too many insurance issues at the time.

2007-01-10 04:24:59 · answer #7 · answered by Munya Says: DUH! 7 · 0 0

this is a foreclosures and the economic company won't show you how to circulate in formerly the remaining date. How could you benefit get right of entry to? If the Realtor have been to grant you the keys they could be risking their license. this is relatively authentic in you're finding out to purchase from FNMA or Freddie Mac. in the event that they have been to confirm you had moved in (or perhaps making maintenance ahead of remaining) they'd cancel the acquisition contract. realtor.sailor

2016-10-30 13:09:13 · answer #8 · answered by ? 4 · 0 0

Only if the seller agrees to it.

2007-01-10 07:04:43 · answer #9 · answered by Justin 3 · 0 0

no

2007-01-10 04:25:11 · answer #10 · answered by justwonderingwhatever 5 · 0 0

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