Buying and selling at the same time?
Here’s how to dodge common mistakes:
- Contingency Clauses: Protect yourself by including a home-sale contingency in your offer. It buys you time if your current home doesn’t sell quickly.
- Bridge Loans: Need cash for a down payment? A bridge loan can cover the gap while you wait for your sale to close.
- Leasebacks: Sold your home but need more time to move? Negotiate a leaseback to stay in your home temporarily.
- Financial Buffer: Always have extra funds set aside for unexpected costs—like overlapping mortgages or repairs.
Got questions? Drop them below or check out our blog for more tips.
