Do You Need To Sell Your Home Before You Can Move? - Shawnluong Team

Do You Need To Sell Your Home Before You Can Move?

How buyers can get into new homes before selling their old ones.

What’s going on in our housing market? Recently, I made a video on where our market was at so far in 2024, and I received a lot of questions about the future of interest rates. Due to our strong job market and stable inflation, it looks like rates won’t be falling as soon as some experts predicted. This has left a lot of people looking to move in the near future wondering, “Do I need to sell my current home if I want to buy right now?” Today, I’ll answer this question and share how homebuyers can navigate this market. 

You can listen to my full explanation in the video above or skip to each topic using the timestamps provided: 

0:00 — Introduction 

0:50 — Do you need to sell before you can move?

1:24 — Using a contingent offer

1:56 — Using a HELOC 

3:13 — Use a bridge loan 

4:24 — Use a third-party service 

5:18 — Wrapping things up 

If you have questions about this topic or anything else, please call or email me. I am always willing to help!

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