Tony Busanich
TD Bank - Freehold, NJ
1-4 RESIDENTIAL FAMILY LOAN SPECIALIST

Thank you Joan, great information to us when buying a home.

Dec 09, 2020 07:40 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Tony Busanich it is pretty important here, and could get to be a nightmare if you don't pay attention to the details.

Dec 09, 2020 07:42 AM
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

A super important document for sure.  Thank you for the information!

Dec 09, 2020 09:00 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond Henson, SRES, GRI thank you, and one buyers and sellers need to know the ramifications.

Dec 09, 2020 09:14 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan... we have state-mandated forms for early possession or post-sale occupancy. I rarely do them, but knock on wood when clients needed them we had no issues. 

Dec 09, 2020 09:30 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina Hollander had one a few years ago that looked stellar when the buyers bought it, but never did one thing after closing - for a MONTH!   Dog poo, leaves, never vacuumed.   Never again, without a deposit!

Dec 09, 2020 09:56 AM
Nina Hollander, Broker

Our possession agreements call for money... and you really have to know the clients before you do something.

Dec 09, 2020 11:07 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan - what works for one, may not work for all.  And this does not only concern people(be they a seller or buyer) but also situation and timing.  Yes, it's an option and one where much discussion needs to be a part of the conversation.

Dec 09, 2020 10:02 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael Jacobs my exact point, it will most likely depend on each and every transaction.

Dec 09, 2020 10:17 AM
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Hi Joan I am not a fan of pre or post occupancy due to the liablity and issues that comes aong wih it.  If we do one it's typically handled by an attorney and has a lot of teeth to it for both parties to perform.

Dec 09, 2020 11:31 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Joan Cox - interesting that I am seeing a few posts about post closing occumpancy.  It is a sign of the current real estate market.

Dec 09, 2020 01:29 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Joan Cox I have enough problem with some sellers not leaving properties as they should thinking buyers will want some of their possessions they no longer need. The buyers do not want it and feel taken advantage as they have to dispose of the items -- possession at closing is best 

Dec 09, 2020 02:57 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

In our state, it is not as clear ut as it was before.

Happy Wednesday Joan Cox 

Dec 09, 2020 03:21 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Joan Cox - It is good to have a written document spelling everything out.  I really discourage this.  I would rather see the closing date extended.  Sometimes though, that cannot be done without occurring other costs such as a lock on the mortgage rate, just to name one issue.

Dec 09, 2020 03:31 PM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I always advise against this, but if my client still wants to do it then I will provide an agreement for them to execute and let them know that it will then be between them.

Dec 10, 2020 05:46 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Anna, if at all possible, my transactions take possessions after closing, and prefer not to prepare this document either.

Dec 10, 2020 07:08 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, I think many in my area, are Sellers worried about locating a replacement home, and the days in the home after closing will enable them to locate and close on a replacement home.

Dec 10, 2020 07:09 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Hannah Williams I have in the past too, but over the last few years, if it looks like the Seller isn't the "clean freak" we hope to have, I spell it out in the post closing document, and have not had these issues anymore.

Dec 10, 2020 07:10 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Oh no Paul!

Dec 10, 2020 07:11 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sheri Sperry - MCNE® I agree, possession after funding and closing IS best, but on that rare occasion, we have to prepare this document.

Dec 10, 2020 07:12 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Same here Brian! 

Dec 10, 2020 07:12 AM