I have visited a recent open house and the seller prefers an offer with leaseback clause. The seller would like to stay for 45-60 days after closing so he could look out for his next home.

Any experiences with lease back? Pros & cons.

like
Posting as :
works at
You are currently posting as works at

Similar situation. Would prefer the seller to move out as don’t want to fix any damages after

like

Homes are not flying off the shelf, so we don't see these often right now. I agree with the re.tal insurance. Make sure agent drafts a POST possession lease.

like

Get a renters policy after you close and then switch to a primary policy when you move.

like

Thank you!!

Related Posts

Final round interview last week after a long take home case study. They’ve have been good about communication up until recently. Starting to think I’m getting ghosted. When should I follow up?

like

What are some good breed options for a first time pet owner in Brooklyn? I’d like a very small, quiet dog. being energetic is fine as I’ll be working from home soon. I really like toy poodles but they’re so expensive…

Does EY GDS gives year end break? Means Christmas holidays for a week?

like

Hi,
I'm currently working as Manager for Marketing and Communications in a financial inclusion based fintech. I have a total of 2.5 years experience and 1.5 years in Marketing, mostly Digital and Social Media. I hold an MBA from IIFM 2018-2020 ( Indian Institute of Forest Management). Any leads for relevant openings will be much appreciated. Cheers!

like

Where is the KPMG (KGS) office location in Pune?

like

Continue to wear masks people!

likehelpful

Can someone help with Pros and Cons of ITIL vs PMP?

Are Accenture UK looking for any SAP Fiori Developers?

like

Do you fly out to family for the holidays or do they come to you? We're hosting Christmas for the first time and having the entire family come to town for it. What are some can't miss holiday events in the city? Ideally accessible because my father is in a wheelchair.

like

Fishes Any business analyst data analytics opening in Philips?? Please let me know.8.2 YOE.i want to join product company. Feb 23rd lwd

like

Hi all, I have just been made redundant and I’m actively looking for work within the recruitment space. I’m looking for an embedding in-house / in-house remote role. I am based in the UK but I am open to other countries too. If you know any companies actively recruiting, please don’t hesitate to reach out to me on here or on LinkedIn (Favour Adefila)

like

Any downsides to leaving a “Counsel” role and moving into a “Legal Affairs” role? Still practicing and representing the company, just a difference of titles, so core work remains the same - what do you think?

like

Has anyone diversified and invested in govt bonds? What’s the yield like? Is there a lock-in term?

New to this welcome any article or insights

like

What is the general consensus on online I/O psychology programs? I’m looking to pivot into HC consulting and am strongly considering USC’s online MAPP or Harvard Extension School’s I/O Psychology graduate program.

like

I’m a pharmacist and currently doing an MBA. I have only 2 YOE as a pharmacist and I’m trying to find a career path that will suit me. I completely regret choosing pharmacy and I want to reorient myself. Any advices as where to start applying? ( FYI I particularly enjoyed finance during the master)

like

My company is hiring! Reach out if you are interested in working for an early stage Real Estate Tech Startup. Looking for Software Engineers and an Acquisitions Analyst (Private Equity MF). Based in Boston.

like

Did you know that you can get $20 tickets to the Chicago Shakespeare Theatre if you’re under 35 with promo code UNDER35 ?

likehelpful

Anyone raised in UK now living in US?

Accenture is in the full gear military recruitment season. I was hired on through the process a few years ago and it’s been great ever since. They have paths for officer and enlisted. DM if interested

likehelpful

This brave little guy in CVG trying to get some of my dinner.

Post Photo
like

Additional Posts in First Time Home Buyer

www.pivotcitizenship.com A brighter future is aviating😃 Having a second passport is the best way to ensure a safe and flexible future for yourself and your family as well as securing a high paid job with low tax rate. Why be at the mercy of a single Government to control your destiny? As countries continue to close their borders to specific passport holders, dual citizenship is now necessary, and having two passports means always having more options. Visit our website today to get started.

Post Photo
like

Is buying fancy condos with high HOA(>$1k) worth it?

like

Thinking about using my VA loan in a few years. Any advice?

like

I’m really discouraged. My after tax / after 401k contributions etc. take home pay is $6,500 monthly. I have $60,000 in savings / stocks for a down payment but even looking at a $550,000 home, my monthly payment would be about $3,400 from the calculators I’ve been using. Is that too high?

So discouraged that houses where I live are about 50% higher than what they were 2 years ago, and now interest rates are around 5.25% for my credit score. This is like a 1750 sq foot home

like

Hi all! I’m new! I started the year off planning to save for a home for myself, then rates skyrocketed. So we’re holding off. Fast forward to the final quarter of the year and we were presented with the idea of a residential assisted living facility. The problem there is we’d still need to acquire property in order to run one. The only difference is the RAL would be a business and is already registered as such. Does anyone have any experience here?

like

Looking to purchase my first home…yes at 47 years old…single family for me and my 4 daughters. Need a good mortgage with a low interest and a good program for teachers. In Northern California

like

Looking to buy my first house- Would it be a bit of a stretch to buy a house with a mortgage of 2.7k when I take in 3.4k bi weekly?

like

I went from making $70k the last 7 years to now started a new job a month ago making $130k plus $10k bonus every year, and $60k in RSUs. I have $70k in my 401k and around $50k in savings. Want to get out of the Silicon Valley which has been home my whole life and buy in TX or AZ a ~$400k house. I have about $20k in student loans which my dad has offered to pay (wants to make up for never supporting me) but I’m waiting to see what Biden decides for student loans. Is this feasible? Credit is ~615

like

My partner bought a new truck earlier this month. We’re hoping to joint-purchase our first home next spring. Is there a “best” time to get pre-approved for a mortgage? When should we start the home buying process?

So far we’ve kept our head in the realtor apps to see what the market is doing.

Rent just went up, pressure is on!

like

What do you wish you knew before you began the home buying process for the first time? What would change if you could go back to the beginning of the process?

like

Would like some thoughts on a 2-br NYC condo my husband and I are considering. $250K HHI (no kids). No loans or debts, both have newish cars fully paid off.

Offer would be for $725K, with 10 percent down. 30yr mortgage @5%. We would need to include closing costs in the mortgage, to keep about $10k liquid. Monthly costs will be about $5k.

This unit is special, very rare (we’ve rented in the area for 10 yrs and know the local market well). Should we go for it?

like

Buying our first home and from a friend, we are both not using realtor. How do you got about doing this, does some have a playbook I can use?

like

Any recommendations on a good water softener system (4 people)?

like

Anybody here a FTB in London, UK?
If so what kind of mortgage rates are you expecting?

Any recommendations for buying agents in Massachusetts?

like

If I see one more article on how millennials are ruining the economy or housing market by not buying enough homes or selling enough homes I'm going to scream. We were saving for 3 years before Covid and had to use a solid chunk to take care of ourselves and our families during quarantine. Now that we're ready to save again inflation and COL are at an all-time high and we're headed into a recession. And somehow this is my fault for what...not being a boomer? Bffr.

likehelpful

With interest rates between 6.5% and 7.5%, it is safe to say that buyers are slowing down in their search.

I am a real estate agent who is in the process of closing on her first home. We offered $15k under list and asked for closing costs to be paid for. Granted, this is in a very small rural town; however, just know... If you have been looking for a home for the last 2 years and have not had great luck, now is the time to take advantage of the changing market. You can refi when rates drop.

like

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later. Also, any regrets?

like

What is the most difficult part of buying a home for the first time?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal