After months of house hunting, you’ve finally found your dream home and the seller has accepted your bid. But there’s one problem—the seller isn’t ready to move out.
In such a case, a seller might want to go ahead and close on the home in order to have enough money to buy a new home. But in the interim, the seller needs a place to live. Linda Sanderfoot, a real estate agent at Coldwell Banker in Neenah, Wisconsin says that if you decide to let the seller stay, a rent-back agreement can protect you.
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