Sellers often ask me if they can stay in their home a week or so after close so that they have time to move all their belongings to their new home after closing on their existing home. In nearly all cases, this is not only a bad idea, but buyers seldom if ever will agree. If you are worried about the moving process, I can help you with planning and moving companies so that you can move out of your existing home one day and move into your new home the same or next day.
In a few very rare circumstances I have had buyers agree to allow a seller to stay in their home after the close. This requires and agreement in the sales contract in advance and a clearly defined agreement between the seller and buyer. This agreement will include the cost of the “rental time”, it will make sure who is responsible for insurance costs, and will define the process the new owner must go through in case you take longer than planned to move. This is usually a very expensive “rental” agreement for a short amount of time.
The new buyer is taking a huge risk by allowing you to stay in their just-purchased home. Seldom will a new buyer be comfortable with taking this risk, and usually they need to move into the home themselves.