Selling Property
Buying Another HomeMost people sell one home while buying another, so don’t spend time worrying about it. Your agent can help you arrange the details of both transactions. As a rule, you should list your present home for sale before selecting your new home. If your offer on the new home is contingent on the sale of your present home, you may lose it to another buyer who doesn’t need to sell in order to buy. If you need to buy your next house before receiving the proceeds from your present home, lenders will sometimes provide a short-term "bridge" loan to tide you over between the two transactions.
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