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How to Buy and Sell Real Estate Simultaneously

Here are the options you have when you need to buy and sell a home.

Today I have some helpful advice to share that will assist you in selling your current home and buying a new one without the fear of becoming homeless.

The best option is to qualify for your next home purchase without selling, although that’s not possible for everyone. Ask your lender if you can qualify. If their answer is yes, you will have maximum flexibility for buying and selling.

If this option isn’t feasible, the next best route is to set up a simultaneous closing. This means that your purchase and sale will take place on the same day.

“Qualifying for your purchase first will give you maximum flexibility.”

The next best option is a rent-back agreement. It will allow you to sell your home, then rent it while you’re waiting for your purchase to close. Let buyers know you’ll need this upfront so that they include it on their offers.

If you have any questions about buying, selling, or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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