What happens when a buyer wants to move in before closing? If this hasn’t been negotiated in the contract, then let’s stop and talk about this! Let’s go over 4. points about why this may not be a good idea in this video, “Resist Deviating from the Contract”:
Should I Do Something Outside of the Contract?
Sometimes when you’re in the closing process something may come up that you have a question about. A great example of this is if the buyers request to move in before the closing is done. This may seem like a simple request, but if this scenario hasn’t been worked into the contract, then you need to put some thought into this request. Talk to your real estate agent about this scenario.
Here is what I would tell you if I was your real estate agent. If this wasn’t negotiated prior to the contract in place, then don’t let this happen. Here are several reasons why!
- The main reason is, the closing hasn’t happened yet, the deal could still fall through.
- Your home insurance is still the primary one on the home. The new buyers would have to carry renters insurance until the house was officially theirs.
- This situation could affect the cost of your insurance.
- What happens if the buyers move into your home and damage occurs? Who is going to pay for the damage?
My advice is that the best thing to tell the new buyers if they ask to move into the home prior to closing is to just simply say no. Move through the terms of the contract and get to the closing. The buyers will have possession of the home right after closing (unless the contract was negotiated otherwise) and then will be free to move into their new home!
More Common Questions About Selling a Home
I know you probably have a lot more questions about selling a home and you’re in luck! I have more common questions about selling a home that you can find answers to HERE.
These common questions can include things like can I buy and sell a home at the same time, when is the best time to sell my home, or even at what list price you need to sell your home.
Want more information? Download my Sellers Guide here:
I’m here to help. If you don’t see the answer to one of your home selling questions, reach out to me today! I have plenty of resources and expert tips to help you through the process of selling your home.
Want More Expert Advice About Selling Your Home?
Selling your home is a huge process! There are so many different scenarios and questions that can occur throughout the selling process. I know you probably have a lot more questions about selling your home after reading this post. That’s why it’s so vital to have an experienced real estate agent by your side when you’re selling your home! If you’re in the Greater Birmingham, Alabama area, and you have more questions about putting your home on the market, reach out to me today! Let me help you through the process of selling your home.
💲Want to know what your home is worth? Find out Your Home Value
If you’re new to the Birmingham area and have any questions, please feel free to reach out to Dianna Howell with The Howell Group: 205-568-5435 or firstname.lastname@example.org for information on Pelham, Alabama real estate by Dianna Howell, top listing agent in the Birmingham, Alabama area. Visit our website for more information on the Birmingham area: https://howellgrouphomes.com/category/lifestyle/
🔑🏡 Want to learn more about the selling process? Then read this article for 6️⃣ easy tips: https://howellgrouphomes.com/selling/6-steps-to-selling-a-home/
📕 Read more about the Birmingham are in this post: https://howellgrouphomes.com/buying/relocating-to-birmingham-al/
The Howell Group of Keller Williams in the Birmingham Alabama area
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