Can You Sell Your Home and Still Live in It?
AuthorVivian Tejada. Date:
The idea of selling your house and still living in it may seem a little backward—but it is possible! Most buyers understand how difficult it can be for a seller to relocate or find temporary housing. As a result, they sometimes allow the seller to continue living on the property until the seller can find a new primary residence. You can continue living on your property after selling it as long as you have an agreement with your buyer explaining how long you’ll be staying and who is responsible for what during that time. In many cases, both buyer and seller enter into a mutually beneficial agreement. However, it’s important to note that these types of agreements often come with a discounted home sales price. Buyers often ask for a discount at the time of sale because a seller’s presence on the property limits the buyer’s ability to manage the … Continued
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