Hey congrats on the home. I am sorry I was not able to help you out with your question earlier is has been a crazy week with work. Good job on getting the keys, I have never seen a seller give the keys without the closing actually happening.
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They knew we weren't moving, just painting. Really the only risk they had was/is if hubby fell and wanted to sue them because it's still their house. We have insurance and no reason to sue.
The paint made some progress but not nearly what we wanted. We expected to have the whole house done by last night. We have half of the upstairs done and that's it. So, hubby will be working hard every night this week to get this done. I may hire a sitter to watch the kids so I can help.
I had some people that just moved here from OH tell me that where they were it was common practice to have to wait 30 days after the closing to get the keys as well. I couldn't imagine that!Around here it's usually at possession closing.Last edited by JeepMom; 08-28-2006, 05:56 AM.Filed 09/05
Discarged 1/2/06
Closed 1/13/06
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CONGRADULATIONS JEEPMOM.......
SOOOOOO HAPPY FOR YA......
You'll be tired when all the painting/cleaning is done...... but there's a lot of pride in "this looks great - and it's our's"!!!
Well done.....
See, there is life after bankrutpcy.....Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.
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That's the way it was for us when we lived in IN years ago. Sellers had 30 days to get out and turn over the keys. I asked, "What if the water heater goes or the A/C dies?" It's still on the Sellers if they are still in the home. Up to them to repair or replace.Originally posted by JeepMomI had some people that just moved here from OH tell me that where they were it was common practice to have to wait 30 days after the closing to get the keys as well. I couldn't imagine that!Aeound here it's usually at possession.
Then we move to MO and it's 3-5 days after closing. Sellers HAVE to have place lined up to move to or they're in trouble.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...
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It is common practice for someone to get posession at closing. I have not run into anything where someone had to wait 30 days to get their keys, unless the old owners were paying the new owners rent for a month, since they do not own the home anymore.Originally posted by JeepMomThey knew we weren't moving, just painting. Really the only risk they had was/is if hubby fell and wanted to sue them because it's still their house. We have insurance and no reason to sue.
The paint made some progress but not nearly what we wanted. We expected to have the whole house done by last night. We have half of the upstairs done and that's it. So, hubby will be working hard every night this week to get this done. I may hire a sitter to watch the kids so I can help.
I had some people that just moved here from OH tell me that where they were it was common practice to have to wait 30 days after the closing to get the keys as well. I couldn't imagine that!Around here it's usually at possession closing.Nick Kusan
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That's the way the Market worked where we bought in IN in 1988. Same thing when we sold in 1992.Originally posted by MTG_BANKER_OHIt is common practice for someone to get posession at closing. I have not run into anything where someone had to wait 30 days to get their keys, unless the old owners were paying the new owners rent for a month, since they do not own the home anymore.
Custom was, the seller had 30 days in which to move. No rent paid or anything. If the seller planned or needed to stay longer, then a financial agreement had to be made.
Things may be different now, tho.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...
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