I know this probably is looked down upon, but me and my kid have been living in hotel for nearly a month already. I just retired from the military, and they messed up orders causing a 3 week delay. The USAF had stopped retirement orders starting 1 April, I had requested retirement before that but someone couldn't read the orders.
I'm trying to find the best way to move in just 2 weeks before the close out date, and not be a risk to the sellers and be fair to both parties. We wouldn't move any furniture except 2 inflatable mattresses for us to sleep on. My daughter needs to get back into school but it requires a residential address to attend, and a hotel won't work.
Posted by Caldersson
8 Comments
Can you show th4 school system your contract on the home and register, some in my area allow that.
You can always ask.
From sellers POV it is a massive mistake allowing an early move in prior to closing. So many things can go wrong that can cancel closing and the seller is the one eating all the risk. Best way to increase the sellers apatite for more risk is more money, and sometimes that number would be so high that it isn’t worth it.
You can always ask, but be prepared to be told no.
While I sympathize with your situation, this can be an issue for the sellers and as an agent I would advise them against allowing it for many reasons. Not only are there liability issues- but there is still time for the whole deal to fall apart. Simply too many risks for the seller.
Its a terrible idea to move in before official closing. Check with the school district to see if they will accept your pending contract to purchase. Ours will. There are alternatives to a “hotel” to make it more homelike: AirBnB, extended stay properties, VRBO type properties all have better arrangements than a single hotel room.
I moved in before closing. You need to mitigate risk to the current owner, and the best way to do that is a big fat escrow account or security deposit.
the correct answer is to try to move closing earlier. Can you also reach out to the school board / councilperson to help provide temporary waiver for your daughter?
Early move in is too risky for most sellers nowadays with squatters, insurance liabilty concerns, etc. You can ask but expect the sellers to decline.
Not real estate specific but for the school aspect. If you are unable to register with the school itself go to the schools district office and ask for their assistance. Many schools have unhoused students( living in shelters, hotels, etc) that attend school and have policy exceptions available for those students without a more stable address. In many states, cities, towns, or counties there are actual laws/ordinances to prevent schools from not registering unhoused children for school.