So my husband and I closed escrow on 7/30/21 and we allowed the sellers rent back up to 45 days. Now they are asking for a one month extension from 9/13 because they’re not finished renovating and don’t even think they will within a an extra month
It is going to be non formal without contract and they willing to pay us our mortgage for the month. However, we want to do our wedding in November. although there’s not much renovation to do other than paint the walls and some other minor things, I still think it wouldn’t allow us enough time to get out house ready.
Also, I am worried about the lender finding out about it as I know that If sellers stay more than 60 days, our property would be considered an investment. Would they find out if we allowed them to stay?