Moving house

@eL_TinO Said

I'm not sure when you would get your money.

I don't know about the UK, in the US you agree to the "closing date" in the contract, and that's when the buyer is taking possession of the property, so you would have to move out before then.

@hedkandi1984_21 Said

I think it's when you exchange contracts, then the money is transferred. I've watched a few property programmes where they've said not to move out the house until the money's in your account. That's the extent of my experience, sorry!

@hedkandi1984_21 Said

I think it's when you exchange contracts, then the money is transferred. I've watched a few property programmes where they've said not to move out the house until the money's in your account. That's the extent of my experience, sorry!

@xTeddyx Said

I think in most cases its 30 days to move in, but as Tino said you can ask to move in sooner as I did and was in my new home in 2 weeks

@sugarflyguy Said

I am doing the opposite

@eL_TinO Said

Sounds different from here.

Here you set up "escrow" where you agree on a closing date. On that day, the buyer provides funds to a neutral 3rd party (escrow/title company). That 3rd party makes sure the seller signs over the title/deed to the property before releasing the funds. You also have title insurance where they research who owns the property and any liens, etc against the property. They would pay any liens from the money in the escrow account before giving any money to the seller.

@xTeddyx Said

Aww, it will work out I promise