Coinciding Settlements Clauses - Moving Issues

People who are selling their home in order to buy another frequently put a "coinciding settlements" clause into their contract offer on the new home. One reason for doing this is so they can move from one home to the other at the same time.

Coinciding Moving Day?

One reason people want coinciding settlements is so they can move out of one house and into the other the same day. Sometimes this works out. Sometimes not. If it doesn't work out, don't freak out.

For example, if the house you're buying is a new one, it may not be completed and have an occupancy permit by the date specified. Are you going to risk losing the sale of your old home by insisting that settlement be delayed? Not if you're smart and you really want to make this change. You might explore delaying settlement, or the option of a "lease back" period. If those ideas don't fly, it's time to cope.

Depending on your budget and the length of time between moving out of your old home and moving into your new one, you could:

1) Have the moving company store your furniture and household goods, or

2) Rent a "smart box," pack your household items into it, and leave it parked in front of your old home, or park it in front of your new one (depending on who grants permission), or

3) Store your things in the basement or garage of your new home (with permission), or

4) Rent a storage unit by the month, or

5) Store your things in the basement or garage of a relative or friend, AND

A) Stay in a hotel or motel for a few nights, or

B) Stay in an extended-stay hotel or motel suite, or

C) Stay with family or friends, or

D) Go camping, or

E) Some combination of the above.

The point is to act like a mature adult. Be flexible. You're making a big change. The chances it'll go off without a hitch are slim. Keep things in perspective. Practice creative problem solving. You'll be proud of yourself and have a smile on your face when moving day comes.



Posted by Jama Drapeau on December 13, 2008 at 12:00 AM

About Jama Drapeau
Jama Drapeau is affliated with Coldwell Banker Grace Drapeau RE, which is located in Dover, NH. For further assistance please use the contact information located on the right.



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Local Information for Dover, NH

Latitude: 43.190984 -- Longitude: -70.878533


ZIP Codes for Dover, New Hampshire 03820  03821  03822 
Area Code for Dover, New Hampshire 603
Time zone for Dover, New Hampshire EST



Other Area Cities:   Rochester, NH  Somersworth, NH  Dover, NH  Portsmouth, NH  Rye, NH  Durham, NH  Greenland, NH 

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According to historian Jeremy Belknap, the area was called "Wecohamet" by native Abenaki Indians. The first known European to explore the region was Martin Pring from Bristol, England in 1603. Settled in 1623 as "Hilton's Point" by brothers William and Edward Hilton, Dover is the oldest permanent settlement in New Hampshire, and the seventh oldest in the United States. It is one of the colony's three original townships, and once included Durham, Madbury, Newington and Lee. It also included Somersworth and Rollinsford, which together the Indians called "Newichawannock" after the "Newichawannock River," now the Salmon Falls River.The Dover School District consists of approximately 3600 pupils, attending Horne Street Elementary, Garrison Elementary, Woodman Park Elementary, Dover Middle School and Dover High School, as of 2005. Dover High's athletic teams are known as 'The Green Wave', and the middle school's teams are 'The Little Green'. -- Source: Wikipedia.com




New Hampshire 2000 Census Population Profile Map

Dover New Hampshire United States
Population 26,884 1,235,786 281,421,906
Median age 35.5 37.1 35.3
Median age for Male 34.3 36.4 34
Median age for Female 36.6 37.8 36.5
Households 11,573 474,606 105,480,101
Household population 26,127 1,200,247 273,643,273
Average household size 2.26 2.53 2.59
Families 6,496 323,651 71,787,347
Average family size 2.87 3.03 3.14
Housing units 11,924 547,024 115,904,641
Occupied units 11,573 474,606 105,480,101
Vacant units 351 72,418 10,424,540

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Jama Drapeau - Coldwell Banker Grace Drapeau RE
Jama Drapeau
Coldwell Banker Grace Drapeau RE


42L Dover Point Office Park
Dover, NH 03820

VOICE: 603-742-7653

FAX: 603-743-1613



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