Buying While Selling

Buying a house while selling can be very challenging! There are multiple ways for this to work, depending on your needs and your loan for the new home.

  • Bridge Loans

    A Bridge Loan can give you access to the money you’ll be making on the sale of your house before the house is sold. You can then make a non-contingent offer on the home you’re purchasing, and then list your home for sale once you’re all moved in to the new place.

  • Contingent Offers

    You can make offers on homes contingent on the sale of your current house. You can do this while your home is listed for sale, or even before you put it on the market. How successful contingent offers are depends on the market, the season, and the home you’re purchasing.

  • Selling Subject-To

    If you’re not sure that you’d want to sell your house if you can’t find the right home to purchase, selling subject-to gives you the perfect protection. You would list your house “subject to finding suitable replacement property” and your current house would not be sold if you could not find that house worth moving for.

Wondering how this would work for your particular situation, or what makes the most sense in today’s market? Reach out for a free consultation.