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Marcy Moyer's Blog

By Marcy Moyer | Agent in Palo Alto, CA

If I Sell My Home In Palo Alto Can I Stay There Until School Is Out?


In case you have not noticed this is an amazing time to sell your home in Palo Alto. However, if you have children who are still in school you may not want to disrupt their school year so you may be thinking of putting off selling your Palo Alto home until school is out. This may not always be necessary.

There are dozens of people who just want to buy in Palo Alto. It does not matter to many of them if they have to wait a few months for possession because it could take many more months to get an offer for a Palo Alto home accepted.

Selling a Palo Alto Home

If you are selling your home in Palo Alto and you want to stay until school is out you need to tell your agent to explain to buyers that while you are able to close before June, the house will not be available for the new buyers until the end of June. You may have to pay the buyer rent for the time between the close of escrow and when you leave your Palo Alto home, but you may not. Some very motivated buyers may offer to let you live in the home for free in order to entice you to take their offer.

The only potential snag when you are selling your home in Palo Alto is that some lenders will not allow a rent back longer than 30-60 days so if your buyer is getting a loan you may need to adjust the close of escrow for those number of days. If you have a cash buyer this will not be an issue.

So if you want to take advantage of the unbelievably low number of homes for sale and Palo Alto, and the huge number of people looking for homes in Palo Alto then by all means, if you want to sell your Palo Alto home now, then do it. Just make sure everyone involved knows your wish to stay put for a few months, and it will be granted.

If you have any questions about selling a Palo Alto Home please feel free to contact me.

Marcy Moyer

Keller Williams Realty Palo Alto

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

 
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