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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Jolene Dosdall
Edina Realty Rochester
4600 18th Avenue N.W.
Rochester, MN 55901
Direct: 507-292-4046
Cell: 507-254-9700
jolenedosdall@edinarealty.com

Jolene Dosdall has been helping families relocate since 1986. Her knowledge and expertise in relocation will provide you with the highest level of customer service that you and your family will need. Jolene is available to answer any questions you may have and will work hard to make your move to the Rochester area a wonderful experience. "Jolene Dosdall working hard so you don't have to!"

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