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How to Buy a Home When you Also Have a House to Sell

Paul Tosello

Looking for a Residential Real Estate Expert? Meet Paul, a Realtor with 37 years of experience and a background in residential construction...

Looking for a Residential Real Estate Expert? Meet Paul, a Realtor with 37 years of experience and a background in residential construction...

Jun 11 2 minutes read

Summary: You have 3 options

1. Find and buy a home first then sell

This is the least utilized option because many people are unable to qualify and buy a home before selling their house. However, if you can, this is the best option. This is because you have a better chance of winning the home you want.

2. Put your house on the market, close, then become the tenant

Preparing your home, pricing the home, and positioning your home will bring in the most possible buyers which gives you the chance to work with a buyer who can lease the property back to you up to 2 months. This makes you a stronger buyer because your offer will not be contingent upon the sale of your home. 

3. Write a contingent offer upon your house selling

This is the most desired but least successful. This is because when you're competing against buyers and submitting offers on houses with motivated sellers, the sellers will choose another offer. This will make the process very frustrating for you when you keep losing on houses.

You Deserve the Best

Your Selling Experience

Your Buying Experience

Colleen, Paul and Elena, Thank you for all of your help in selling my brother’s house at 1008 Becker.  Penny Farrall told me she had located a good realtor for me and she was so on target. It is hard... Read full review

Paul and Colleen Tosello have exceeded our expectations of realtors in every way - in fact, over the course of our experience with them they served as so much more! We relocated to Keller on a job transfer and... Read full review

Paul and Colleen were absolutely wonderful. We started our home buying process while living across the country. They both met with us numerous times when we would fly in, over zoom meetings, as well as with our... Read full review

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