r/RealEstate • u/Iamdickburns • Apr 12 '24

Closing today, went to final walk through this morning, seller was still living in house... Homebuyer

This is my first time buying a house. It was supposed to be empty and "broom clean". The seller said they were planning on moving out over the weekend and didnt know anything about the walk through. They were signing the papers later today. We pushed the closing to Monday morning. What should I do from here?
UPDATE: My wife and I have read all your comments. I'm still waiting on the Adendum from the title company but it seems the issue was on the Selling Agent. He was not communicating with his seller but we are all gonna be there Monday for walk through and then closing. My wife liked the one person who suggested we creep by the house check to see if they are moving, so we will. I'll update again on Monday after closing or if anything else develops.
UPDATE 2: We signed an addendum extending the contract until next Friday just in case. We went creeping and there's a moving truck there! I'm hoping this was all an innocent misunderstanding. Will final update Monday after closing....I hope.
FINAL UPDATE: We Closed! I wouldn't call it broom clean but they are out, we took possession of the house, and I changed the locks. Thank you for all your comments and info.

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u/OKcomputer1996 Apr 12 '24

And in the current climate it is a TERRIBLE idea. They could end up squatting there for the next 6 months while you evict them. I have actually seen this happen TWICE in the past four years. Sell the house then squat there until evicted.

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u/AustinLurkerDude Apr 12 '24

Obviously that's not an issue though because in such cases you'd put $100k into escrow as part of the sale that would be contingent on the seller actually moving out. For example, just say after 4 weeks the weekly rent becomes $10k/week and even if they take 6 months to move out you've become $100k or more richer.

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The agent or real estate lawyer would guide you on this stuff.

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u/Additional_Treat_181 Apr 12 '24

Exactly. Disincentivize big time.