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Ambassador
6,425,063
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It depends on the situation and how confident that we are that things will move forward to completion.

Nov 14, 2019 11:29 PM
Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Not a good idea.

Jul 06, 2018 10:54 PM
Rainmaker
4,584,496
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi William -- not a good policy as far as I am concerned.

Feb 26, 2015 10:53 AM
Rainmaker
4,319,873
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Buyer occupying before closing is a big 'no-no'.

Jul 07, 2018 10:24 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I advise and abide by their decision.

May 09, 2018 05:41 AM
Rainmaker
3,071,589
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

We make clear that the Seller and the Buyer, if they want to do pre-possession, they need to seek the appropriate legal advice and that our brokerage is NOT involved...

Jun 29, 2017 06:11 AM
Rainmaker
979,596
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

William - From what I have been taught, learned, and coached by my Broker, early move-in is not a good idea. Can it work out sometimes, sure, but do you want to risk it? Like everyone else has already stated, liability issues, repair issues, closing issues, insurance issues, just way too many issues for the small benefit. I would always look to find a better way. 

Mar 05, 2015 12:04 PM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

Never.  A good example is a deal we had and the day of closing the Seller was late...then now show...only to find out within the next week that he had died that day!  Had anyone moved in prior, that would have been a legal nightmare! 

I would encourage the Buyers to close earlier, if that worked for all parties.  I would doubt any Seller's lawyer would agree to that. 

Mar 02, 2015 05:18 AM
Rainer
334,783
Linda Metallo DiBenardo
RE/MAX Impact, Lockport, Illinois - Lockport, IL

Never, under any circumstances.

Feb 27, 2015 12:50 AM
Rainer
273,787
Richard Robibero, e-Pro, ABR, SRS
Panorama R.E. Limited - Toronto, ON
Selling Your Home as if it were My Own!

I'm glad everyone is on the same page with this. I find it more common with many of my rentals then sales. I try and discourage it. Just wait!

Feb 27, 2015 12:38 AM
Rainer
12,231
Vanessa Griffin
Griffin Real Estate Group - Tyler, TX

I address this issue on a case by case basis, and never recommend it myself.  Ultimately it's up to the buyers and sellers, but it's very risky business, and the safest route for all parties involved is to wait until after closing/funding. 

Feb 26, 2015 10:33 PM
Rainmaker
971,183
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

My opinion and what I recommend is to never allow early move in. Always after the transaction closes. 

Feb 26, 2015 09:17 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Never, ever, ever.

When tempted, the requesting party must provide a mountain of non-refundable CASH to finance their eviction if needed.

I have allowed a buyer access to the garage only, again, accompaniend by a deposit.

Feb 26, 2015 09:01 PM
Rainmaker
5,116,528
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Rarely, it's happened for very good reasons. But I don't encourage this as something to do on a regular basis.

Feb 26, 2015 07:47 PM
Rainmaker
634,532
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Once when there was a separate rental agreement, made outside of the sales contract. 

Feb 26, 2015 05:36 PM
Ambassador
1,078,451
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

I've seen this work out well for both parties, but never advise is and make sure (even though I'm not an agent) the party I'm helping understands the risks.  If they're using financing, NEVER unless there's already a clear to close.

Feb 26, 2015 02:37 PM
Rainmaker
183,505
James (Jim) Lawson, DBA
DomainRealty.com LLC - Bonita Springs, FL
Broker Associate, RSPS, BPOR, HI & PE

Pre-closing move-ins can be very risky. Since I would be uncomfortable with them for a property I own and am selling, I can't see myself agreeing with a seller that would allow such a thing. If the seller insists on letting the buyer in early, I would document that my seller's decision is contrary to my recommendation.   

Feb 26, 2015 02:31 PM
Rainmaker
597,572
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

While I never say never but this one is knocking on never's door. Too many liability issues.

Feb 26, 2015 02:11 PM
Rainer
1,560
Claudia San

Hi William.. Such issues disturb the things badly so we need to prevent from these kind of situations. Recently I faced this while selling my house but fortunately my fort mill sc estate planner helped me to deal with that buyer. 

Feb 26, 2015 01:49 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

It's all about the clients.  If we can do something to helps the clients, we will accommodate however we can.

Feb 26, 2015 12:14 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I strongly discourage this. Too many things can go wrong. 

Feb 26, 2015 12:12 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I strongly discourage this and have seen problems arise in the past. Last minute denials on loans cause big problems with no place for the buyer to go.

As for unexpected repairs the buyer thinks the seller should pay, the seller thinks the buyer should pay. It can be a standoff.

Feb 26, 2015 11:46 AM
Rainer
368,326
Raoul Loustaunau
EXP REALTY - Phoenix, AZ
urhomefinder.com myvaluetoday.com

i have never had that situation, but as the buyers agent it has come up a few times, thanks have a great day

Feb 26, 2015 11:38 AM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, Larry and I got early possession when we purchased our home and I have had a few clients receive permission to.  It has worked out in every case.

Feb 26, 2015 11:34 AM
Rainmaker
475,892
Bill Dandridge
MKB, Realtors - Roanoke, VA
GREEN, ABR, GRI, EcoBroker

While it is certinly not advisable, I have had instances on both counts where it made sense. Once, for my seller who had some potential inspection issues, it made snese to allow a buyer to have a move-in before closing because it meant that they had to accept it as-is. For a buyer of mine, they saved money on extending a lease to move in a house that they LOVED.

Feb 26, 2015 10:08 AM
Rainer
9,635
Melinda Merrill
Prudential Montana - Ennis, MT

Once in a very great while!  The biggest problem is insurance as you can not insure what you do not own.  The Seller has to continue to carry the insurance even though the Buyer now occupies the property.  It has worked but it is never easy!!

Feb 26, 2015 09:21 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

I do everything possible to prevent early move-ins unless we are also closing early. I point to the liability issues and what happens if something goes wrong in the home.

Feb 26, 2015 09:00 AM