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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 are the financial benefits of having a home near a body of water?
A	The mere presence of water within 300 feet increases a home's value by 22 percent.
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Freda Kalina, REALTOR®, real estate agent and broker for Suwanee, Lawrenceville and Lake Lanier Georgia home listings, property and land for sale - NUMBER1EXPERT™

Freda Kalina
RE/MAX Greater Atlanta
1605 Buford Drive
Lawrenceville, GA 30043
770-945-2645
Fax: 678-804-1871
Toll Free: 877-288-9838
fredakalina@NUMBER1EXPERT.com
I love being a realtor! It is always exciting for me to be with to be with a buyer when they walk into a home and their face lights up as they realize they have found their next home! I have experience, knowledge and enthusiasm that buyers and sellers really appreciate. My professional designations include CRS, ABR, E-Pro, and Cyber Pro. When I am not working, you will find me enjoying time with my three sons, traveling, and entertaining family and friends. Thank you for visiting my web site, and please don't hesitate to contact me with any and all of your real estate questions.

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