Buying A Home
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Venting about home buying process
Sellers have been so difficult this entire process. Every time we give an offer or an addendum, they come back with a counter. They have not once let us win and each time we just bite the bullet and take the loss. We close Tuesday, August 5th (granted, we are closing later than expected) Right now we are in an argument because they are requesting to stay till August 10th (to put in hardwood floors in their new house they are moving into). We have to be out of our apartments the 6th, but they were kind enough to let us pay for 2 more days. When we told the sellers they must be out and keys handed to us Friday the 8th, they went off the handle because the hardwood floors may not be done. We have to be out of our apartments Friday and have no where else to stay or keep our stuff. But at the end of the day I feel like the sellers, their agent, and even our agent is pushing the blame on us for it closing late and that we owe them to stay through the 10th even if we have no where to go. It's my house as of Tuesday, I have the option to say "no, you can not stay there at all after we close" so atleast I am being gracious enough to let them stay 3 extra days right?
Re: Venting about home buying process
I found a few places online that give advice. This site gives advice specific to New York (these things may vary by area, but it's possible many areas share similar required agreements), and this is a forum where someone asked a similar question and received some helpful answers.
Put your foot down. If they want to stay, there needs to be a legal contract drawn up, and they need to pay you for each day they stay. This is happening very close to closing, so there is a possibility that something won't get drawn up in time, and closing is delayed......which would solve their problem (of being able to stay in the house longer), but doesn't solve yours.
Personally, I wouldn't mess with any agreements or delays, and would require them to move out at closing. Start making a just-in-case backup plan, so that if closing does get delayed again, you're not stranded on the streets. Be absolutely sure that if they do stay past closing, they pay you enough money each day to cover the cost of your storage unit and hotel. Get a lawyer; It doesn't appear you have anyone really in your corner yet.