Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTChristy BieberSat, August 15, 2026 at 2:30 PM GMT+2 5 min readshutterstock.comMost home-buying contracts successfully reach closing, with just 6% of all purchase agreements terminated and only 12% of contracts resulting in delayed closings.Once you've closed on your home, you become the official legal owner of the property and the seller no longer has any right to it at all. Unfortunately, sometimes the former owner may not want to leave right away, or may not be able to do so — which can create a lot of headaches.Must ReadJeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being oneDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake.