Master Secrets to Smoothly Sell Buy Homes Together
Financing Options to Consider
When selling and buying simultaneously, understanding your financing options is crucial. Bridge loans can be a viable solution, allowing you to purchase a new home before selling your current one. These short-term loans provide the necessary funds to cover the down payment on a new property. However, it's important to weigh the costs and risks associated with bridge loans, as they typically come with higher interest rates2.