Buying Before You Sell in Today’s Market
Three options for those who need to buy a home before selling.
Today we'll dig into a question I received recently: Should I sell my house in this market before I buy, or should I buy my house before I sell?
It really depends on your personal situation, but generally, there are three ways to buy your home before you sell:
1. Write an offer contingent upon sale. Believe it or not, even though the last months have been an extremely competitive market, we are now seeing offers come in with home sale contingencies. That's great news!
2. Do a guaranteed sale. We do have a guaranteed sale program on our team, which will help you to buy your next home before you sell your current one. That's one option.
"We are now seeing offers come in with home sale contingencies."
3. Use a service that will help you make a cash offer. Another option is we have some preferred lenders who offer a cash offer backed by your financing.
These strategies have enabled a lot of our clients to be able to write a cash offer on their next home, contingent upon selling their current home, without having to take out a bridge loan.
If you need more help about how you can buy before selling or anything real estate related, call or email me. I’m happy to help!