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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 considered to be one of the soundest long-term investments?
A	Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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The Terry English Team, REALTORŽ, real estate agents and broker for North Austin, Round Rock and Cedar Park Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Terry English Team
RE/MAX Greater Austin
103 South 12th Street, Suite 203
Pflugerville, TX. 78660
Phone: 512-990-3660
Toll Free: 888-590-3660
Fax: 512-251-5669
Email: terryenglish@NUMBER1EXPERT.com
As one of America's NUMBER1EXPERTS in the Austin area, Terry and her team have established themselves as one of the top Austin area realtors. The team is a leader in marketing real estate with state of the art techniques and systems, and they are dedicated to providing superior service to their many clients who have helped them become top real estate professionals. Call or email them today!

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