5 Tips To Find A Replacement Home | Are You Afraid You Won't Be Able To Move In Time When Selling?

Dated: March 5 2021

Views: 47

Thinking of selling your home but you’re hesitant to sell for fear you will not find a new home in time? I totally get it... it’s a stressful situation and one that could make you lose sleep over!

Hi I’m Justin Hemker, owner/broker of the Namas Team at EXP Realty. I understand that the home buying and selling process can be stressful, especially when you have to do both.... Sell and Buy. Things can get complicated if your closings don’t align or it takes longer to sell or buy a house than anticipated. So what happens when you sell your home and you have not found your new home yet? Well, you're wondering where the heck are you going to live, right?

Well, here are a few options to think about:

You can consider finding a home to rent. Renting a house for a bit will give you more time to look for that perfect home without having to “settle” just because you feel you have to rush and pick one. 

Another option is to do a rent back option. In this option you complete the closing process with the buyer and then both parties agree to let you stay in the house while you rent the home back from the new owner. This is a good option if the new owners are not in any hurry to move but it also is good for you because then you’ll be in a stronger position when you go to buy. 

Another option is to ask the buyer to extend their escrow, meaning you ask the buyers if they are willing to push back the closing date to give you a little more time. You could also consider unlisted or off market properties. 

Bottom line is that there are options. My team and I can explain these options in more detail and help guide you through this process. There are a few more strategies that are available that we could discuss to help you “bridge the gap”. I would be happy to help walk you through all your options and to help you find the best solution that will work for you and your family. I'm Justin Hemker with the Namas Team, brokered by EXP Realty. Reach out to us at any time, we’re always here to help. And remember, "We want you to love where you live."

Blog author image

Justin Hemker

Justin Hemker is a Triangle Area Real Estate sales and marketing expert. You will have a hard time finding a Realtor who truly cares for and works harder for his clients, has more passion for his job,....

Latest Blog Posts

Which home upgrades generate the biggest ROI?

Which home upgrades generate the biggest ROI?If you aren’t looking to sell quite yet but want to make sure your remodel has value when you’re ready to sell, here are a few great areas to

Read More

Neighborhood Quality?... Or Home Size? What is more important to you?

78% OF HOME BUYERS SAY... What’s most important to you? A good neighborhood or A larger home? Whatever you value, we’ll find it together! While the quality and features of the

Read More

What to ask a lender when buying a home | Tip #1

What to ask a lender when buying a home | Tip #1 If it’s your first time buying a home, or you’re looking for a new place to live, knowing the right questions to ask your lender will put

Read More

5 Reasons To Sell Your Cary Home - RIGHT NOW

The imbalance between high buyer demand and the low supply of available homes on the market are giving sellers the upper hand ⬆️ The fact is, there just aren’t enough homes for sale ?

Read More