My question involves real estate located in the State of: Florida
I am buying a short sale property and the bank has approved the sale. Approval was given on Mar. 8th. We were supposed to close on Apr. 14th, but the seller asked for an extension because they could not move out by then. The bank approved the extension, and so did I. The new date is Apr. 29th. Two days after both of us signed the extension, their agent contacted mine and said that the seller would once again not be ready to move out by the new date. They have now presented my lawyer with an addendum which states that they want to occupy the unit for 30 days post-closing. They would pay me $2,500 for my expenses during that month and they would deposit $5,000 into an escrow account, so in the event they are not out in 30 days, I could keep the money. They only offered this after I repeatedly refused to let them stay after the closing. I am concerned, because in the beginning of the transaction (8 months ago) they wanted to include in the contract that they could occupy the unit for 30 days post-closing. I said no. They seem to be so eager to want to stay after the closing. I have found out through searching the sellers name on the internet that he is in the real estate business. This concerns me because this seems like odd behavior for someone who is in that business. Is it unwise to sign this addendum? If I don't, what can I do if they don't vacate the property in time for the closing?