There are many ways a rent-back agreement is beneficial for both sellers and buyers. Buying and selling a home is a complex process, and our team at Expect Realty is ready to help you with all the nuances and special circumstances surrounding your home sale.

A rent-back agreement is essentially a rental agreement between the buyer and seller that allows the seller to live in the home after the closing date. The seller becomes the renter and makes rental payments to the buyer until a specified date. There are many reasons why temporary rent-back agreements are beneficial, but the most important one is that it gives both buyer and seller additional time before moving in or out of the sold property. There are cases when the seller has not found a home to move into or their new home is not ready. Having additional time gives them the flexibility to be ready when their new home is ready. Likewise, the buyer may have extraordinary circumstances with their job or family requiring them to delay moving into their home.

Having the flexibility for the home to temporarily stay occupied prevents both parties from having to move multiple times, saves money on unnecessary moving expenses, and saves time.

If you are a home seller on the Mississippi Gulf Coast, our rent back agreements may help you stay in your home for up to 90 days after close. Contact us today to learn more.

We are committed to negotiating a deal on your home in the Mississippi Gulf Coast that best fits your needs. There's more to negotiating than just price. Expect Realty has the top agents in the Mississippi Gulf Coast area, and we know how to negotiate post-possessions and extend closing dates to ease the transition for their sellers. When you choose to work with Expect Realty, you are more than just a transaction. We work to understand all the circumstances around your home sale, and your satisfaction is our top priority. Keep in mind if you are selling your home, home seller rent-back agreements after closing are a specialty of Expect Realty.

Contact us today for more information!