Should we let the buyer move in prior to cosing escrow?
"Should I let the buyer move in early to make repairs?"
***ANSWER:
NO!
Letting the buyer of a property move in before closing for ANY reason is WAY too risky. Let me count the ways:
1. Liability for injury, etc.
2. Possibility they may change their mind once they've spent a few nights.
4. If the sale doesn't close, you've just become a landlord…and they've become a tenant with all the rights of a tenant, meaning it could take awhile to get them out.
So, in case I wasn't clear: NEVER let a homebuyer move in before closing!
published by g. Kent. san diego, ca
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