I need to stay longer in my home. Should I rent back from my buyers?
Category - Home Ownership Questions - Lease & Renting FAQ's
If you need to keep possession of your home after the closing renting from your buyers may be a great choice. When this happens you will be required to put down a deposit in case something happens to the house while you are renting. Your attorney will hold the deposit in an escrow account and distribute the money accordingly after the terms of the rent back.
References
Courtesy of HomeOwners Advantage and link that to their entry in the wiki which is at HomeOwners Advantage
