You CAN Buy Your New Home Before You Sell Your Old One
Buy Before You Sell. Too Risky Right? Wrong!
Common Home Owner Myth: I cant buy a new house without first selling my old one.
That is the way it is supposed workright? You cant have a new house without getting rid of the old one.
Not so.
Take for example, the story of one of our clients. They had a house (beautiful house, worth about $600,000) and had no intention of leaving.
However, one day this house in their neighborhood went on the market. You know the house. It is the one where every time you go by, you wish it was yours. Unfortunately, this house would never be for sale.
Out of the blue, the unbelievable happens: the house goes up for sale.
Now most would call this a stroke of luck, then it would dawn on them…
We cant have that house. Obviously, something unforeseen as happened, and theyll want a quick sale. Waiting for us to sell our house first, wont be acceptable to them. I guess we are out of luck.
Luckily, this client called us to structure a safe way for him to get his dream home today, buy some time to get his old house sold,...