9 out of 10 Buyers must Sell an existing home in order to Buy. Sometimes an Owner is able to coordinate the two transactions with a professional Realtor who can design a Marketing plan that allows the transition from one home to the other. One Caveat is that the Seller must price the home so that it commands immediate offers with contingencies taken out such as the mortgage and inspection.
I find that most Sellers do not want to risk selling their home for a possibly smaller return with this scenario. But there are sellers who are willing to sacrifice a few thousand dollars for the ease of moving from one home to another. My elderly parents chose this marketing strategy and sold and moved with great ease and comfort. The lack of stress had great value for them. Good luck!... more