I have so many clients that would love to buy a new home, but they ask me how they can move before selling their current property. Luckily, I have been very creative in
these situations and always seem to find a way to make it work.
1. Writing a Lucrative Contingent Offer
In this market, top dollar is what sellers are looking for. Most sellers would be fine with accepting an offer contingent on the sale of another home right now because they know it will close fast.
2. Strategizing a Rent Back Scenario
Important thing to know about rent back. With a cash buyer the rent back can be unlimited, but for a conventional loan banks will only allow 59 days so plan accordingly.
3. Short Term Rental
This is always a good option that can be fun and different then the normal home buying process.
4. Bridge Loan or Creative Financing
There are always different financing options that exist for homeowners to transition into new homes. Ask me for some good referrals for lenders and bankers!
I have solutions for your specific needs, so just reach out and I can help!