When Will You Have to Move Out
A sale of a house is a negotiation. On page 3 of the Residential Purchase Agreement that you will initial and sign to accept an offer, under Closing and Possession, it states “Possession will be delivered to buyer at ___”. This is where you will decide when to give up possession and leave the home. Generally it is by 5:00pm on the close date of escrow or 1-3 days after the close of escrow. Any more time than that, the buyer may request rent back payments be made to them as you will still be occupying their property.
Make a solid decision when you will want to move out. The buyer as well as escrow will use that date as a closing date and target all the moving parts to that date.
- Make a solid choice of your move out date
- The buyer will count on your move out date to take possession
- Move out dates are firm but may be changed if only agreed to by buyer
- Plan accordingly, moving is no easy task
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Jump to other important steps in the process:
- Step 1: What’s Your Home’s Value?
- Step 2: How Much Will You Net?
- Step 3: How Should You Prepare Your Home?
- Step 4: What to Expect During the Sale?
- Step 5: What to Expect From the Buyer?
- Step 6: When Will You Have to Move Out? (you are here)
- Step 7: What if You Need to Purchase Another Home?
- Step 8: Get Started