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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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| Q |
Where is the world's longest spiral staircase?
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| A |
The White County Coal Mine in Carmi, Illinois has a spiral staircase that measures 1,103 feet and has 1,520 steps. |
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Jim Brennan John L Scott 510 NE 3rd St. Bend, OR 97701 Direct : 541-322-1226 Office: 541-317-0123 Fax: 541-317-1009 Cell: 541-480-7296 Email: JimBrennan@JohnLScott.com
Jim Brennan's high energy level and equally high level of service will efficiently and satisfactorily meet your specific needs. He always has the time and patience to let you make decisions based on your urgency, not his. 
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