Eggprince, Other/Just Looking in Huntington Park, CA

parents house just got approved for short sale from thier bank. Short sale just went through, guy cleared escrow. How long before they have to move?

Asked by Eggprince, Huntington Park, CA Thu Oct 15, 2009

parents house just got approved for short sale from thier bank. Short sale just went through, guy cleared escrow. How long before they have to move out?

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Answers

5
Eggprince,

Seller usually vacate the property by the time the buyer takes possession. This is usually close of escrow plus two to three days.

This should been made clear to them by their agent.

Kawain Payne, Realtor
0 votes Thank Flag Link Tue Feb 21, 2012
It's amazing to me that the Sellers didn't know when they would need to vacate the home... Who was their agent?
0 votes Thank Flag Link Thu Oct 20, 2011
They should generallly move on or before the day of closing, unless otherwise specified in the contract.
Web Reference: http://www.homesbyminna.com
0 votes Thank Flag Link Fri Oct 16, 2009
Hello eggprince,

You will find the answer to this question on page 1 of 8, section #3 closing & occupancy, sub-section B seller occupied or vacant property of the California Residential Purchase Agreement. Unless there were counter offers made that made specific changes to this section of the purchase agreement. Your agent should be able to clarify this very quickly. Good luck!

Matt
0 votes Thank Flag Link Thu Oct 15, 2009
It should be specified in the purchase agreement used in the sale transaction.
0 votes Thank Flag Link Thu Oct 15, 2009
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