The IRS generally recommends keeping tax returns and supporting records for at least three years, but up to six years if income may have been underreported. Documents affecting your home’s basis—like closing paperwork and improvement receipts—should be kept for at least three years after the year of sale, and longer

Generally, anything permanently attached—fixtures like light fittings, built-in cabinets, bathroom vanities, and anchored outdoor structures—stays unless your contract says otherwise. Personal property that’s not attached (furniture, rugs, freestanding appliances) usually goes with you unless specifically included in the agreement.

Using sale proceeds for a larger down payment can reduce your new loan size, monthly payment, and total interest, and may help you avoid mortgage insurance. However, keeping some cash aside for reserves, repairs, and other goals is often wise so you’re not “house rich and cash poor.”

First, review your disclosures and the contract to see whether the issue was known or covered by any warranties. If they raise a serious concern about something you knew and didn’t disclose, speak with your agent and possibly an attorney before responding so you understand your obligations and options.?

Set a target emergency fund, then automate monthly transfers into savings and investment accounts once your new budget stabilizes. If you used a big chunk of cash for your new down payment, prioritize rebuilding reserves before taking on new large expenses.

Post-closing possession means you stay in the home after closing under a short-term agreement, effectively renting from the new owner. The agreement should spell out daily rent, security deposit, duration, utilities, and who is responsible if damage occurs while you’re still there.