How to buy and sell your home at the same time in the East Bay: Option 6
10 Ideas for how to buy and sell at the same time in the East Bay Area Option 6
Delayed Possession
Another way to ease the stress of buying and selling at the same time would be to negotiate delayed possession, when you sell your departing home. This option would allow you as a seller who is buying another home to stay in your home for a little bit longer before having to move out for the new buyers to take possession. This extra time can also help you to pack up and not feel rushed. This delay will help you by negotiating enough time to find, purchase, and close on a new home. This delay could potentially be for a few days up to a few months, depending upon what can be negotiated between the parties. In such a tough market, when the market's a seller’s market with very little inventory on the market, we'll find that buyers can be very, very flexible in negotiating terms that help you sell your home and make a smooth transition out of the home. They've got more flexibility to allow you extra time in order to hedge out other buyers they may be competing with.
This delayed possession is very popular to help sellers get the equity out of their home too, because once they have the money in their bank account, they can go out to make an offer on a new home with fewer contingencies. So it allows them to be a stronger buyer. So if you're interested in buying and selling at the same time, and you're looking for some creative ideas drop in at ExploreEastBayHomes.com and reach out to us. We'd love to talk to you about what a creative solution for you would look like.
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