I’m just curious, for those that were in the process of buying a new home, but needed to sale their current home; how long did it take you to sale your home, how many offers, and what month did you list?
It is really hard to put the new home under contract when your current house is not on the market. How many offers? With a finding a replacement home contingency? Some buyers will not even look at it.
Get your ducks gathered up in a row. Get the current home on the market, hopefully get it under contract, then get serious about the replacement house.
Akinscd on
Do you mean ‘sell’?
TJMBeav on
Sell first. Buy second. Other wise figure on it taking 6 months or more and eventually falling through. For me to accept an offer contingent on the sale of the buyers current house, it would have to be a stand out offer
Big_Smooth_CO on
Sell is the word you are looking for.
Particular-Emu-9396 on
We got an offer ~3 days after it was listed, with just one offer, and immediately accepted it. We listed late September. I think we priced our home perfectly
With the market, we expected to wait 2-3 months before seeing a single offer. A lot of homes in our neighborhood was sitting ~3 months on the market. There was also a home two houses down, very similar layout, and size, it’s been up since May.
After considering all of our options, we ended up moving in with family while our home was on the market. Then moved into a furnished rental while we house search.
flamron on
Month 3 starting for ours being listed. We bought and plan to recast once our house sells so we didn’t have to wait. But we bought what we could afford doing it this way to carry two mortgages for as long as we need to.
warrior_stardust7521 on
I had an offer within a week – start to finish including closing took about 60 days – listed in late Fall.
annalise1126 on
I bought my current home and then sold my other one but we got an offer in 15 days from our list and closed 30 days after that. It was our first offer. We had 4 showings including our offer. We listed at the lower end of our comps since we didn’t want to pay two mortgages any longer than necessary. Listed in November. Closed December 22nd.
Clovermadison on
Listed in Oct (end of), closed in Dec., 1 offer. We priced it right.
9 Comments
It is really hard to put the new home under contract when your current house is not on the market. How many offers? With a finding a replacement home contingency? Some buyers will not even look at it.
Get your ducks gathered up in a row. Get the current home on the market, hopefully get it under contract, then get serious about the replacement house.
Do you mean ‘sell’?
Sell first. Buy second. Other wise figure on it taking 6 months or more and eventually falling through. For me to accept an offer contingent on the sale of the buyers current house, it would have to be a stand out offer
Sell is the word you are looking for.
We got an offer ~3 days after it was listed, with just one offer, and immediately accepted it. We listed late September. I think we priced our home perfectly
With the market, we expected to wait 2-3 months before seeing a single offer. A lot of homes in our neighborhood was sitting ~3 months on the market. There was also a home two houses down, very similar layout, and size, it’s been up since May.
After considering all of our options, we ended up moving in with family while our home was on the market. Then moved into a furnished rental while we house search.
Month 3 starting for ours being listed. We bought and plan to recast once our house sells so we didn’t have to wait. But we bought what we could afford doing it this way to carry two mortgages for as long as we need to.
I had an offer within a week – start to finish including closing took about 60 days – listed in late Fall.
I bought my current home and then sold my other one but we got an offer in 15 days from our list and closed 30 days after that. It was our first offer. We had 4 showings including our offer. We listed at the lower end of our comps since we didn’t want to pay two mortgages any longer than necessary. Listed in November. Closed December 22nd.
Listed in Oct (end of), closed in Dec., 1 offer. We priced it right.