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Cathy this could be opening up a can of worms. Depending on who the lender is the seller may have to sign a document stating they are not retaining possession of the property. To be on the safe side I would run it by the lender and see what they say. They take this stuff very serious,
Cathy - I don't get involved in property management or rent-backs, early occupancy, etc. I just sell real estate. I have not seen that as a trend. Like Bryant said, it could be a "scheme". OR it could just be a temporary arrangement and you could take it at face value.
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