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Real Estate
Reply to "Help me manage staying in a hotel in between current house and new house"
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[quote=Anonymous]The back story is that we are purchasing a new construction house. When we sold our current house, we built a rent-back into the contract so that, if construction finished on time, we would have 3 1/2 weeks of overlap between the two houses. We figured that would allow enough time for construction delays, as the house was fairly far along when we did these contracts. Construction was supposed to be done 2 weeks ago and, every time that we try to set closing, the builder says he needs a few more days. At this point, we have had 4 tentative closing dates, including the LAST day that we have our current house (plan was to have a family member supervise the movers at our current house while we went to closing, then have movers deliver everything to new house). Now, the builder isn't sure he can be done by that date and told us to start to make contingency plans. Our mover can store our belongings, we can pay a daily rate to extend our mortgage lock, and (once we get closer to the date) we'll schedule boarding for the dog and book an extended stay hotel (since hopefully it won't be more than a week or two). Here are my questions for anyone who has done this before: 1. Can you recommend a hotel in the lower Montgomery County area? We are two parents with a toddler and infant, so really need to have kitchen space and a separate bedroom so the kids can go to bed with some semblance of a routine. 2. Any suggestions on how to make this managable in terms of meals, assuming we at least have a small fridge and microwave in the room? 3. Any suggestions on what to take to a hotel for an indefinite period of time with 2 little kids? 4. Ideas on outings the nanny can go on with the kids, since I can't imagine being stuck in a hotel suite with 2 little kids for more than a day or two, especially in the winter? 5. Our contract provides for an "estimated closing date" without any penalties for the builder to delay closing. Our agent advised that this is standard with new construction. Do we have any grounds to ask our builder to offset some of these costs? (Other than using my time machine to go back and insist that this be included or doing a longer rent back period for our current house.) As you can tell, I'm freaking out at the prospect of managing this in the midst of our move. The buyers for our house already extended our rent back by a few days (at double the cost...), so I know they don't have any more flexibility.[/quote]
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