It’s closing day and while ordinarily the buyer is handed the keys and takes possession of their new home, in some cases the seller can’t move out on that day. Maybe their new home isn’t ready or their moving company is delayed. Maybe they want to finish work or school before moving. Or maybe, they’re afraid of moving out only to get the news that the buyer isn’t closing… If this is the case, a seller rent back or Post Closing Occupancy Agreement should be utilized to clarify the terms and conditions of the short term occupancy. [Read more…]
Congratulations, you just closed on your new home! After you recover from your celebration, it’s important to take care of a few things. If “no worries, no worries, no worries” was your mantra as a renter, “maintain, maintain, maintain” should be your new one. Preventative maintenance is the best way to keep your home in great shape and it starts upon taking ownership.