“Sold With Vacant Possession” means that you cannot move in until you leave the property vacant for a period of time. You can use this option if you are planning to sell your home within the next year or so. When you buy your home, it’s a good idea to hire a real estate agent, even if you’re a realtor, and sell it yourself.
This will help you avoid any unpleasant surprises. The “Vacant” notice is only one type of vacant sale. Another one is called an “In-Rem” Notice, which happens when Vacant notice the seller sells the home to a third party but doesn’t allow the new owner to occupy it until after the house has been sold. That can take a couple of months.
These are some of the reasons why you should check into getting a “Sold With Vacant Possession” Notice. Selling your home in a fast market can be a great deal.
Buying a home that needs a lot of work and repairs can be quite costly, especially if you are unable to get financing due to the condition of the home. It’s important to learn about all the options available. “Vacant” notice can be a great way to sell your home. Many investors choose to use this option to avoid the hassle and stress of selling a home.