Buying and selling a home at the same time is contingent on clear communication and deliberate timing.
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How can you buy a house if you already have a house to sell? The process is simpler than it sounds.
The first step is to go out and look at a couple of homes that you would like to buy. Once you feel comfortable with that, you would have a Realtor such as myself come over and take a quick look at your home and determine the exact price that it would sell for in a quick and efficient time frame.
From there, you and your Realtor would communicate very clearly with the listing agent of the home that you intend to buy to determine what your game plan should be to complete the dual transaction. Your timing in this circumstance must be deliberate. With my clients, I typically institute a time frame of 60 days, which gives us time to sell the one house and have the closing done on the other.
With my clients, I typically institute a time frame of 60 days to get the job done.
So remember, timing and communication are key. This year, our team has handled more than 100 transactions where a homeowner has sold their house and bought another house in the same time period following that same formula, and we haven’t experienced a single problem with in any case.
If you have any more questions about buying and selling a home simultaneously or need help doing so, don’t hesitate to get in touch with me. Just give me a call or send me an email, and I’d be happy to help you!
