Hopefully this post isn’t too long but here is the cliff notes of our situation. My wife and I just met with the notary tonight to sign off the final closing paperwork on the townhouse we are buying in CA. During the signing she mentioned that when she met with the seller at the home this past weekend it looked like she hadn’t packed a single thing even though she is supposed to be out on the 17th. Then when we were finishing up with signing the paperwork our real estate agent showed up and told us that the seller all of sudden wants more time to move out. Apparently she still doesn’t have a place to move to and the stupid woman has 2 children. This entire thing threw a massive wrench into our plans since we had movers scheduled for Saturday and we told our apartment we were moving out by the end of the month but now we are stuck for at least another week which is going to cost us money.
We are still closing on Wednesday so that we don’t lose our insanely low rate of 5.75% (long story but basically our mortgage broker screwed up and put down the wrong rate on a dock we all signed, should have been 7.25%) and I am scared this stupid woman will refuse to move out. She has been such a pain during this entire process and as we have been going through closing we found out that the seller basically can’t afford the place (she bought it in 2021 for $325k and is selling to us for $345k) and that she was behind by almost $5k alone on her HOA. Hopefully she will be out by this weekend but if she doesn’t move out we may get stuck with a squatters situation. I will post an update once I know more.
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source https://www.reddit.com/r/RealEstate/comments/1c5b1sc/seller_hasnt_moved_out_48_hours_before_close/
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