Buying And Selling A House At The Same Time
Channel: Mark Schreier Long Island Realtor
Date: 2019-09-24

Buying and Selling A House At The Same Time. Tips You Need To Know

Video Highlights:

a) Consult with a mortgage professional of your choice.  
b) Make a game plan

1) Keep both houses rent one* (investment properties usually have higher mortgage rates)

2) Buy and sell at the same time if your finances allow.    
3) Use a **Bridge Loan.  

Watch to the end of this video to take advantage of my free sellers guide offer 

**A bridge loan is a short-term loan secured by the equity in your current property to help you purchase your new property thus allowing you extra time to sell your current house after closing on your new property.   These loans usually have high interest rates and fees attached to them.

4) Buy with a seller’s contingency try to schedule closing the same day with the same mortgage, title company and attorney if possible (not the strongest offer)

5) Sell first, find a temporary place to live. (stronger offer than a contingent one) all other factors being equal.
 
Mark Schreier Realtor Century 21 American Homes

Please feel free to contact me  with questions 
Email: Realtor@markschreier.com
Text: 516.263.9094  
Mark Schreier Licensed Real Estate Agent 
Century 21 American Homes Real Estate
Syosset, New York
Website: https://markschreier.c21amhomes.com

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Making Dreams Come True One Home At A Time.

If you have an interest in residential real estate then this Youtube channel is for you. Learn the ins and outs of selling and purchasing a house from the day you list or start your search to closing and many subtopics and guest speakers along the way. By Mark Schreier Realtor (Licensed Sales Associate) with Century 21 American Homes Real Estate

#PlainviewNewYorkRealEstate, #SyossetNewYorkRealEstate, #JerichoNewYorkRealEstate, OldBethpageNYRealEstate, #HicksvilleNYRealEstate

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