I am in the process of buying a new home. The home I am planning on buying is new and it is just sitting there. I will not be ready to move for several months. The seller wants to close in about 30 days.
Is there anything wrong with me buying the new home and then moving in 60 days later?
Note: I plan to sell stocks and bonds to pay for the new home.
First and foremost check with your insurance company. They may not like this, and may deny coverage for a vacant home.
Additionally you will want to visit the property every few days. A popular thing for thieves to do is steal appliances in vacant homes. This, primarily, happens with new construction but could also happen in your case. You also don't want squatters to move in, which has become a problem in several jurisdictions.
Keep in mind this property transaction will be public record, so you want to show some kind of activity at this property.
This is a good time to do any home improvements. Not living in a home makes it convenient to install things like ceramic tile which cannot be walked on after it is laid. Also you will not have to move any furniture to do any other kinds of flooring or painting.
This is all assuming that you are able to make the mortgage payment on this place, and the payment on whatever place you are living now.
Edits based on comments: You should have water and power turned on. Have the AC set somewhat high, but enough to keep the humidity at bay.
Power outages tend to be short term, and rarely lead to mold. During Charlie, I lost power for 10 days, in August, and had no mold issues.
Pipes bursting are not really an issue in most of Florida. (Perhaps some places in the pan handle).
If this was new construction, it may be advisable to install blinds/curtains as without it is easy to see into the house and that it is vacant. If not new construction, check with the sellers on what will be taken with them.
Most of Florida is not kind to squatters, so you have that going for you.
The home I am planning on buying is new and it is just sitting there.
New doesn't mean it doesn't have problems. You will want to get a home inspection to reduce the chances of there being problems.
Make sure the insurance company knows it will be vacant. You could look into hiring a property management company to stop by periodically, and to take care of any problems that popup. You don't want to miss a notice from the HOA and have even more headaches.
Understand the warranty information from the builder. They will sometimes schedule a revisit a few months later to take care of any warranty issues that take time to surface.
Vacant houses can be targeted. Never having signs of life could be a concern.
Is there anything wrong with me buying the new home and then moving in 60 days later?
Financially
If you can afford it then that's your prerogative ¯\(ツ)/¯
Legally
Check with your HOA if you have one.
Check with your town about vacant property rules.
Structurally
If a water pipe bursts then how long before you detect the damage?
Unplanned
A squatter moves in.
A thief steals all your copper or appliances.
Someone throws rocks through all your windows.
