09/18/2026
A home can look ready for your move while the legal and financing timeline says otherwise.
If tenants already occupy the property, the lease may continue after the sale.
At the same time, an owner occupied loan may have requirements about when the buyer must move in.
That overlap needs to be understood before the offer, not discovered after it.
Review the lease.
Confirm the loan requirements with your mortgage professional.
Ask a qualified local attorney about tenant rights and removal timelines.
– Send this to someone considering a tenant occupied property.
– Dione Branch, a Chicago & Surrounding Suburbs Real Estate Agent
• buying tenant occupied property