Buying A Home
statonv
member
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Buying and Selling at the same time (oh, and our wedding is the same week)
Wow, I sure know how to plan for maximum possible stress. We are getting married on April 19th. We each own a home and planned to sell both and buy something together. Well it just happened to work out that we are closing on my fiance's house and the house we are buying the *same week* as the wedding (the Thursday after the wedding). So our honeymoon will be packing and moving! (We had already planned to do our real honeymoon over the summer.)
So, my question.... Has anyone dealt with coordinating two closings so that you can move out of one house and straight into the other house? We have to close on his house first since the money from that sale is paying for the new house. In other words, we can't buy the new house first and spend time getting it ready before moving into it.
It just seems like a logistical nightmare! Any suggestions?
Re: Buying and Selling at the same time (oh, and our wedding is the same week)
Whoa! Vaya con dios. You will certainly want to have everything packed and ready to go. Each have a suitcase packed with essentials for the few days of limbo. Is it possible to arrange maintaining possession of the house after closing for a couple days (or whatever the overlap is)? I've heard of situations like that and my understanding is you would need to pay the new buyer a mutually agreed upon "rent" for the additional days you are in the house, plus an escrow fee to the attorney involved. The escrow fee would then be returned to you after the buyers take posession and sign off that there was no damages caused between the closing date and the possession date. It's almost like a security deposit.
If it is at all possible financially, I'd also hire movers just to make the transition of possessions faster and smoother. Or they also have those "Pod" things now which are basically moveable storage units. That might be another good way to go. Especially if you do want to do things to the new house before all the furniture and stuff gets moved in.
I know you must feel like, "AAHHHH!", but you all will get through it, and think of all you have to look forward to once the craziness passes. You will be married to your soul mate with a new house to start your life in
. Congrats!