> Real Estate settlement question.?

Real Estate settlement question.?

Posted at: 2015-03-04 
Closing costs for a real estate transaction are several thousands of dollars. The temporary buyer would need to put several hundreds of thousand at risk for which they would logically demand several tens of thousands, plus rent for the interim period. So even if you could find a willing temporary buyer, are you willing to pay that kind of money to do the deal?

The settlement?

Are you saying closing?

Yes. Some sellers will work with you and rent the property to you while the deal is underway.

ask the buyer for a certain percentage down--GOOD LUCK.

You gotta be kidding....

What options does someone have if they need money to move a few weeks before settlement occurs?

Is there a company that will buy and let us move in and sell to us after settlement for a larger price than they paid? Kind of like a flip with special needs.