Moving from one home you own to another creates a timing problem. Sell first and you may need somewhere to live in between. Buy first and you may be paying two mortgages while you wait for a buyer.
The usual options
- Sell first, then buy. Safest financially, but you may need a short-term rental and two moves.
- Buy with a home-sale contingency. Your offer depends on your home selling. Sellers often pass over these offers when they have others.
- Buy first and carry both. Works if you can qualify for and afford two payments for an unknown length of time.
The trade-up program
Kurt's trade-up program removes the unknown. Before you make an offer on the next home, you and Kurt agree on a guaranteed price and date for your current one. If it hasn't sold by that date, Kurt buys it.* You know the latest day you'll be paid and the least you'll receive, so you can buy with a firm plan.
Why it also strengthens your offer
A seller comparing offers wants to know the buyer can close. An offer backed by a guaranteed sale of your current home is more convincing than one that depends on a sale that may or may not happen.
Help on the buying side
The team includes a loan consultant who can tell you early what you qualify for, and buyers who purchase through the team are covered by a 24-month buyer guarantee: if you're not satisfied with the home within 24 months, they will sell it for free, subject to conditions.*