San Jose, California Seller REFUSES to begin to move until Buyer’s loan funds.

I haven't had any experience like that one!  All the buyer's agent can do is send a certified letter to the seller's address, with a copy to the seller's agent, confirming all conversation with the seller's agent and indicating that whether or not the agreement has been signed, you will expect that "rent" will be paid for each day that seller continues to occupy the home, because buyers must make their own moving arrangements and leave their current home on time or incur additional expenses.

Kathleen, I was the buyer in a situation just like that about 100 years ago.  We gave notice on our apartment, day before COE the sellers refused to sign...luckily we were able to stay in our apartment and give 30 days notice for the next month.

Right before COE the sellers again refused to sign...this time we were out on the street with no place to go. Luckily a very nice man where I worked had a home he was remodelling and let us rent for a month.

Next, the sellers tried to back out of the deal totally.  Fortunately I had sugested to my realtor when writing the contract to add that they would refund our deposit and match that amount if they backed out of the deal....so...rather than match our deposit they finally closed and we moved. 

It sounds minor now but at the time it was the most horrible thing...truck rented, full of furniture, you can imagine...not to mention moving to a temporary home and then moving again.

Alisa

We're paid to know the rules.  The seller has until 5:00pm to get out?  If it wasn't negotiated up front for a post-possession, I would not be so kind as to only charge prorated PITI.  I understand the sellers' point of view in our current lending environment but their opinion doesn't override the agreement.  I look forward to hearing about the experiences of others and how they handled the situation.

Hi Kathleen, this is a nice and informative post for your area.  Good localized post!  Good luck out there!   

Hi Kathleen, just going through some of your earlier posts, and much of what you have written is still relevant to this day!  Good stuff.   

Kathleen, your posts are always worth following.  We always like them.     

Hi Kathleen, just checking in on some of your older posts.  Keep on writing and providing this good information!

Nice presentation of local information.  Keep up with posting this stuff.  It comes in handy.

Great post to attract some local attention.  Keep on posting and good luck this selling season.

Checking out some of your past postings.  There is plenty of good, local information on them.

Some of your older posts look interesting and contain a lot of good information. Good luck with your business.

I love looking at your past posts.  You always have good information on them.