A lease-back is a formal lease. All documents should be signed,dated by both parties and submitted to escrow. Sellers per diem lease amount is the buyer's total housing expenses (PITI). Include in lease-back seller still responsible for utilities, gardening and etc until end of lease. Best to close escrow and allow seller to lease-back. This give sellers the time they need to relocate.
Best of Luck
Gail Mercedes Cole
Allowing a lease back for a couple of weeks is safe. Just make sure you have a clear lease agreement with the seller, who will become your tenant.
Often times sellers just need a little more time to relocate, and a lease back is a great option.
Best of luck to you, and Congrats on the pourchase of your new home!
Kawain Payne, Realtor
Who better to lease back then the owners who have so much invested in the property? I doubt you will have any issues with them. This is a common practice for owners who sell, but need to remain in the property after escrow closes.
Best of luck in your new home!