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Real Estate Tips
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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Real Estate Trivia
Q 
What does the term ARM stand for?

A 
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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Adam Lytle, REALTOR®, real estate agent and broker for Shreveport, Bossier City, Haughton, Benton, Greenwood, Mooringsport, Stonewall, Blanchard, Keithvill, Louisiana home listings, property and land for sale - NUMBER1EXPERT

Adam Lytle
Realty Executives SB

2250 Hospital Drive #248
Bossier City, LA 71111
Mobile: 318-773-0063
Office: 318-746-8000
Fax: 318-746-8988
adam@teamlytle.com

*Recognized by SB magazine as one of the top agents in Northwest Louisiana *Member of the 100% Club with Realty Executives. *Honored as a member of the Executive Club within Realty Executives. *Recognized by Realty Executives in Bossier City as its top individual agent for the calendar years 2010 & 2011. *Expertise in residential, commercial, land, foreclosures, short sales, & new construction. *Member of the National Association of Realtors & the Northwest Louisiana Association of Realtors. *Owner of a real estate investment company. I have been a member of the Shreveport/Bossier community since 1980 & have built a reputation over the last 8 years as a hard-working, knowledgeable agent throughout Northwest Louisiana. If you are a homeowner preparing to sell, I'll create a customized marketing plan that will enable you to achieve the goals that you have set. On the other hand, if you are thinking of buying, I'll introduce you to my exclusive buyer program which is designed to identify "secret" properties at wholesale prices. I look forward to helping you achieve your goals!

Equal Housing REALTOR




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