Not Everyone is Buying or Selling, Some are Doing Both

As if one real estate transaction is not hectic enough? many of us end up needing to sell one place in order to move up to the next? this is the "real estate catch 22". Do we buy first?? Do we sell first?? If we are fortunate, these events occur at the same time, but that is not always the case. The problem is trying to determine if it is worse to end up "temporarily homeless" because you sold first, or financially strapped because you bought first.

Conventional wisdom states that IF you can't make them happen simultaneously, it is better to sell before you buy. The rationale? If you sell first, you don't end up at a disadvantage at the negotiating table. This happens by feeling pressured to accept something lackluster for your current home due to your impending closing on the new home. There are several providers of short-term, furnished lease properties that can fill the gap while you find the new dream home if needed. The purpose for finding a furnished property is for the simplicity in moving.

Few people I know want to pack and unpack twice and a few months storage is a small price to pay for the convenience. (For those that enjoy packing, there are support groups available.) And yes, if you were wondering? the two scenarios DO affect the financing angle as well. Having moved on from the first home does help in the debt-to-income ratios that lenders use to qualify you and in the funds that you have available towards the down payment of the new place? both help in the rates that will be available to you.

Genesis Font is an SEO and Developer for LoansInteractive.com > Mortgage and Loan Officer Websites. We also offer Quality Web Hosting Services.

---

10 Home Purchase Abroad Tips For Success

Are you seeking your little corner of sun drenched heaven... Read More

Encouraging Debt

Most of us don't talk about money, finances, credit, debt....Young... Read More

Take The Guess Work Out Of Your Wholesale Property Purchases

We have become very concerned by the number of readers... Read More

For Sale By Owner - Use This Tip To Sell Your Home Quicker and At a Better Price

Your house is for sale by owner (fsbo), Along with... Read More

How Come No One Told Us About This When We Were Buying a Home?

Development, it's bound to happen.Simply because there is a large... Read More

How To Spot A Good Buy

Beauty is in the eye of the beholder, particularly when... Read More

Dealing With Dual Real Estate Agents

Historically, real estate agents have represented the seller of a... Read More

If You Move Yourself

You'll want to take some items in your own car... Read More

Relocation Humor: Why I Bought A House

The Rental Experience in South FloridaReaders: This is based on... Read More

Finding the Right Real Estate Agent:: A Guide for Seniors

When considering buying or selling a home, seniors have a... Read More

First-time Home Buyers - 100% Home Loans

There is an increasing trend in South Africa that is... Read More

Before You Buy A House ? Top 10 Tips

There are serveral things you need to think about and... Read More

Why Use a Property Manager?

Most experienced property investors use property managers. Why? Because they... Read More

You Dont Need Health Insurance!

Seems almost every situation in our lives is centered on... Read More

5 Factors of Selling a Home

There are five major factors to consider when selling a... Read More

Selling Your House - $100,000 Pets

Is your pet worth $100,000? It may be if you... Read More

Where Does Your Real Estate Commission Fee Go - Why is The Commission so HIGH?

Many who have bought and sold properties through Realtors numerous... Read More

Real Estate Tax Incentives

Lower Your TaxesTax incentives for real estate investors can often... Read More

Guide To Finding The Perfect Central Illinois House

Central Illinois is an area rich in cultural activities and... Read More

When is the Best Time to Move?

As Realtors, we are often asked, "When is the best... Read More

10 Ways To Find Investment Properties

If you really want the best deals in investment properties,... Read More

How To Increase Your Homes Selling Price by $3,306.75 In The Next 33 Days

According to the Federal Housing Finance Board:... "As of October... Read More

Tax Deferred Exchanges of Investment and Business Real Estate

The Primary Residence taxation, the Residential Replacement Rollover, Sec. 1034... Read More

Refinancing Your Home Loan? When Should You Refinance Your Home?

If you have a current mortgage and are unhappy with... Read More

San Antonio Texas Real Estate

The San Antonio, Texas real estate market is still going... Read More

Foreclosure Home Deals

Did you know that you can save tens of thousands... Read More

Commercial Income Property Financing: Part 1 of 3

Welcome to this first portion of a three-part series about... Read More

Real Estate Growth: How Long Will It Last?

There has been speculation in the media recently about the... Read More

Big Discounts With Property Investment Clubs?

A stagnant stock market, low interest rates and booming property... Read More

The New First Impression in Home Selling

As an ASP Home Stager® I know how important curb... Read More

Log Homes - What is the Log-Home Lifestyle?

Typical log home company advertisements in popular log home magazines... Read More

Finding The Perfect Maui Home For Sale

If you are thinking of relocating to Maui, this article... Read More

Finding Structural Problems During Escrow ? Small Rural Home Example

In rural home purchases, the transaction is often subject to... Read More