Buyers beware: Seller occupancy after closing

When the seller needs additional time after close and plan post-close occupancy, buyers may wish to consider some ramifications. Will this effect your financing? How about insurance issues? Who will cover costs? … repairs? … substantial losses? Definitions: Use and Occupancy Agreement – Seller to Remain: Principle residence – form/agreement, general in nature. License for … More Buyers beware: Seller occupancy after closing