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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.
Bill and Debbie Nelson, CRS and GRI Bill & Debbie Nelson and Marsha Dorris Weichert, Realtors - Lake Realty 6268 S. Kings Ranch Rd., Suite #12 Gold Canyon, AZ 85118 602-300-2777 602-686-6989 480-213-7275 Fax: 480-452-0938 Email: movetogoldcanyon@NUMBER1EXPERT.com
The Bill and Debbie Nelson Team - a Priceless Combination in Gold Canyon, Apache Junction and East Valley real estate. Bill & Debbie Nelson and Marsha Dorris find few things more rewarding than helping people connect with their dreams. Whether you�re looking to buy or sell a permanent residence or a vacation home, your move is sure to be a rewarding experience with these seasoned professionals by your side.
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NUMBER1EXPERT in real estate for Gold Canyon, Mesa and Apache Junction, Arizona