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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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Q	What is the longest construction time for a private residence?
A	The Winchester House in San Jose, CA, was under construction for over 38 years.
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Patrick Bissett, REALTOR®, real estate agents and broker for Mauldin, Simpsonville and Greenville South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Patrick Bissett
RE/MAX Realty Professionals
600 Independence Blvd.
Greenville, SC 29615
Phone #: (864) 303-9838
Toll Free Office: 1-800-849-7629 ext 710
Fax: (864) 990-3231
Email: Patrick@MLSGreenville.com
Patrick Bissett & Team are motivated to help you find your home and/or sell your home in the Upstate of South Carolina! We Listen and put your needs first! From Traveler’s Rest to Simpsonville, Pickens to Spartanburg, and Lake Hartwell to Cliffs of Glassy; you will have a Team on Your Side combined with Years of Experience and Knowledge in real estate!!

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