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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.
Gene and Renée Jantzen -- Team Jantzen Century 21 HS Associates 950 W. University, #201 Georgetown, TX. 78626 Toll Free: 1-877-897-8277 Gene Jantzen: 512-864-5339 Renée Jantzen,ABR,CRS, Sr: 512-818-8181 Fax: 512-863-8228 Email:: TeamJantzen@ReneeRealtor.com
The Jantzens are the Top Real Estate Agents in the Sun City, Georgetown, Round Rock & Austin Metro areas. We have the expertise and experience to work for you! Their tireless energy and Texas spirit are their way of making sure you are at ease with the home buying or selling process. The transaction is not complete until you are totally satisfied. Come visit the place we call home!
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