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Real Estate Tips

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.

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Real Estate Trivia

Q 
What was the world's highest viewing platform before the opening of the Empire State Building in 1939?

A 
The Eiffel Tower, built between 1887-1889, was for 42 years the highest viewing platform in a man-made structure.
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Karl Volkman, REALTOR®, real estate agent and broker for Appleton, Neenah, Menasha and Greenville, Wisconsin home listings, property and land for sale - NUMBER1EXPERT

Karl Volkman
Coldwell Banker-The Real Estate Group, Inc.

1050 North Lynndale Drive
Appleton, WI 54914
Cell: 920-450-9400
Office: 920-993-7311
Fax: 920-968-1167
Email: karl@karlvolkman.com

No Gimmicks, No Cookie Cutter Promises - A Unique & Personal Conversation About Your Future Based on 3 Decades of Real Estate Experience, 8th Consecutive Year -#1 Coldwell Banker Agent/Group in the state of Wisconsin & #1 Agent/Group for Coldwell Banker-The Real Estate Group, Inc.

CRS Equal Housing GRI MLS REALTOR


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