If you want to buy a new home in Barron County, but need to sell your current home to accomplish the purchase, we can help! In fact, it’s a great time to put your property on the market while you find your new home. Mortgage interest rates are terrific, buyers are motivated, and Northwestern Wisconsin real estate is in demand!
Sellers often worry about having to move before they are ready. You can cover this with a sale-and-leaseback contingency on your home sale. This means you can sell your home, receive the proceeds, and then continue to occupy the home for a temporary period. Your contingency would specify the period of occupancy, and disclose the rent you would pay to the buyer.
Meanwhile, when making an offer on your new home, you can use a home sale contingency. This basically says that your ability to complete the home purchase is subject to the sale and closing of your current home. Your contingency would allow a reasonable period of time for this to take place.
At Six Lakes Realty, we have a depth of experience in coordinating home purchase/home sale transactions! We can usually schedule your closings close together. Often, you can simply move from your old home to your new one without worrying about interim storage or temporary housing. If you do find yourself needing a short-term rental, we will help you work this out, too.
If you’ve been dreaming of a new home, but have been feeling overwhelmed by the idea of buying and selling at once, give us a call! We will tell you more about how this works. There is no charge for our consultation, and there is no obligation or pressure.
Six Lakes Realty offers the very best in real estate guidance! We are a locally-owned family business with over 40 years of experience. Our friendly, hometown service is just a call away!
John Flor
Managing Broker
Six Lakes Realty
Office: (715) 924-4806
Email: john@sixlakesrealty.com