Homing Instinct Sellers frown on Buyers moving in before closing, for about 27 (valid) reasons. But, the Momma raccoon that set up housekeeping in my client’s window well hardly asked anyone’s permission. And since my clients moved out-of-town well before closing, it fell to the Buyer ” and specifically, their pre-closing walk-thru inspection ” to...Read More
Pro’s, Con’s ” & Pitfalls “At the beginning (of the relationship), the developer had the experience and the insurance company had the money. At the end . . . the insurance company had the experience, and the developer had the money.” I heard that line a couple lifetimes ago, when I was a CPA auditing the...Read More
Homing Instinct Sellers frown on Buyers moving in before closing, for about 27 (valid) reasons. See, “Move-in Agreements & Rent-Backs”; and “Real Estate Chutzpah.” But, the Momma raccoon that set up housekeeping in my client’s window well hardly asked anyone’s permission. And since my clients moved out-of-town well before closing, it fell to the Buyer...Read More
Homing Instinct Sellers frown on Buyers moving in before closing, for about 27 (valid) reasons. See, “Move-in Agreements & Rent-Backs”; and “Real Estate Chutzpah.” But, the Momma raccoon that set up housekeeping in my client’s window well hardly asked anyone’s permission. And since my clients moved out-of-town well before closing, it fell to the Buyer...Read More
Pro’s, Con’s ” & Pitfalls “At the beginning (of the relationship), the developer had the experience and the insurance company had the money. At the end . . . the insurance company had the experience, and the developer had the money.” I heard that line a couple lifetimes ago, when I was a CPA auditing the...Read More
Early Move-in Risks Fall Disproportionately on Seller The standard definition of chutzpah is killing your parents, then throwing yourself on the mercy of the court because you’re an orphan. So, what’s the real estate version (or, at least one example)? A Buyer who delays the closing not once but three times, then threatens to walk...Read More
