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Real Estate Tips

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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Real Estate Trivia

Q 
What are the characteristics of classic Queen Anne architecture?

A 
Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes.
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The Farm & Home Team, REALTOR®, real estate agent and broker for Sioux Falls, South Dakota home listings, property and land for sale - NUMBER1EXPERT

The Farm and Home Team
Farm & Home Realty

1010 W. 5th Street
Canton, SD 57013
605-987-5874
Toll Free: 1-877-724-SCHUTTE (8883)
Cell: 605-366-7028
Fax: 605-987-5282
Office: office@farmandhomerealestate.com
Email: FarmandHomeTeam@NUMBER1EXPERT.com

Casual Atmosphere...Professional Results! When it comes to buying or selling your home, you want to deal with a REALTOR who makes you feel comfortable. Our style is casual. You won't get a high-pressured sales pitch from us. You also want a professional who knows the market and follows through to a successful transaction. Selling real estate is our full-time job. Our results are proven, too. Farm & Home Realty, Inc. is consistently involved as a seller's agent, buyer's agent or both in many of the local transactions. We encourage you to take advantage of the many tools available on our website. And, we'd love to talk with you. Send us an e-mail, give us a call or, if you are in the area, stop in. The coffee pot is usually on!

Equal Housing MLS REALTOR


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