Danielle,
This is a great question and definitely involves an attorney to protect your interests.
Although you can charge a per diem and keep money in excrow, what about insurance? Does the person you purchased the home from still have insurance that would cover any loss? Does your insurance cover you for loss if you're not the occupant of the home?
Again, an expert real estate attorney is where to go for answers.
Good Luck... more
Thanks to all who posted a response to this inquiry.
After several sleepless nights over the long holiday weekend, I was able to discuss this issue with the title company. They agreed to insure as long as I produce an affidavit from someone with personal knowledge that the defendant is not in possession of the property!! Since the property is vacant, this will be no problem and it looks like this issue is resolved (let's hope nothing else comes up at closing.)... more
I like Gail and Merediths answers... Ralph please being and agent and knowing home staging in the same as driving a car and flying a kite....
MORE MONEY ? AVE AGENTS AS TWO JOBS AND SELLS REALESTATE....
Atleast tell her the truth.............
p
hi gail miss ya... more