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Real Estate Contracts >Selling Before Buying
Timing can sometimes be difficult if you have to sell a home before you can buy another one. Most people need the equity from the sale of their first home for the down payment on the new house. If your present home goes on the market first, you may be concerned that it will sell before you find the one you want to buy. On the other hand, if you find the perfect home before your present home is under contract, the sellers may be reluctant to accept your offer, and you may be too nervous to sign a contract.
It is a good idea to sit down with a good real estate agent for some professional advice before you begin your search. It will probably be necessary to be flexible on the closing date, because it can be easier to find a home that you want to buy than to sell your present home. After finding the house you want, you can ask the lender about arranging a short-term bridge loan that can make the purchase possible before you sell your current residence.
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What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
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New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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Maui Real Estate Gail Swanson is a professional realtor on the island of Maui, Hawaii and specializes in Oceanfront and Upcountry property. Find Out More >
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Georgia Hart Keller Williams Capital Partners 100 East Wilson Bridge Road Worthington OH, 43085 Buyer Line/Listing Line: 740-362-7873 Fax: 614-888-3880 Direct office dial: 614-431-6126 Email: georgiahart@kw.com
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