Certain sellers may have delays with occupancy of their new home and need to maintain possession of the home for a month or two after close of escrow. Many sellers do not understand that it is possible to rent back the home from the buyer for a short period of time. Typically, the rent is a function of the buyer's interest, taxes and insurance costs during the proposed rent back period, plus a security deposit. Escrow can even pay the rent in advance from the escrow proceeds.

This can provide a level of security to a homeowner who does not have complete control over their up-leg purchase. Keep in mind that this must be negotiated in the original purchase agreement. Leaseback concessions which exceed one to two months will most likely have an impact on your homes purchase price.