If I am ready to close on the sale of my old home too far before I am ready to close on my new home, I won’t have a place to live. Then what?

Updated March 13, 2023.

Again, depending on the urgency of completing the closing, it may be possible to simply delay the closing of your sale until you are prepared to close on your purchase. If this is not possible, it is not unusual to reach an agreement with either the buyer of your home or the seller of the home you are purchasing, to allow you to either stay in your home following closing, or move into your new home before closing. Any such agreement should be discussed with your attorney and put into writing, as discussed earlier. If such an agreement cannot be reached, you may need to make other temporary living arrangements until your purchase closes.

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