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.
Do These Real Estate Tips Really Apply to YOU?
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation.
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We are happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?
Lender in these states must pay interest on funds held in escrow accounts.
|See More Real Estate Trivia >
First Coast Home Hunters Team of
All Real Estate Options, Inc
1857 Wells Rd, Suite #215
Orange Park, Florida 32073
My wife and I work together as Buyer Agents in the Jacksonville, St Augustine & Orange Park Real Estate Markets... We have been truly blessed to be joined by a wonderful team of Realtors who spend their days assisting buyers and sellers.
To be successful Jacksonville Realtors we all know we must be available when our clients need help so we ALL personally sacrifice to wrap our lives around our client's needs...and this dedication has allowed us to help hundreds of families to find the right place to call "HOME." Click here to see what others have had to say about our team's heart & dedication.
We are experienced in most loan programs & can help make sure you understand the pros/cons of each option so YOU can make informed decisions.
For all of you 1st Timers we understand 1st Time Buyer Programs too and they do still exist!!. They generally come with FREE $$ to assist with the down payment & closing costs. There are still a couple of 100% Financing options available such as VA Loans or USDA Loans in parts of St Johns County or Southern Clay County.
We are only a text, email or phone call away and would enjoy joining in your home hunting if you would allow us to. :-)
www.FirstCoastHomeHunters.com is brought to you by
First Coast Home Hunters
NUMBER1EXPERT in real estate for
Jacksonville, St. Augustine and Orange Park, Florida, New Construction, Luxury Properties
Read First Coast Home Hunters'
Terms of Service,
Free & Without Obligation Pledge
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.