Concurrent Closing | Spyglass Realty

What is a Concurrent Closing?

Concurrent closing is when a homeowner sells their home and purchases a new one in a short amount of time. The fastest way to sell your home and buy another right away is through concurrent closing. When two properties are dependent on each other to close, concurrent closing is the term that is being used. In order for it to be a concurrent close, the first closing must be completed before the next can happen.

 

Table of Contents

  • The Concurrent Closing Process

  • Moving During a Concurrent Closing

  • Bridge Loan: Buy Before You Sell

  • The Key to a Successful Concurrent Closing 


The Concurrent Closing Process

Selling and buying concurrently involves finalizing the…

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House in Austin Texas | Spyglass RealtyAustin, TX is one of the fastest-growing cities in America for it has seen dramatic growth in population numbers. Austin is a place where anything is possible. The city is well known for its progressive culture and high-tech industries, as well as its live music scene and beautiful scenery. 

It’s no surprise that so many people are making the move to Austin. In a 2021 Relocation Report published by the British Personal Finance Platform, Money, Austin, Texas is the #1 Best City in the World to Relocate To based on their global rankings.

From 2019 to 2020, an influx of large companies expanded their operations and relocated their headquarters from California to Austin including Apple’s new campus, Tesla’s Headquarters and GigaFactory, Oracle…

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Tips for Selling and Buying a Home at the Same TimeThe home buying and selling process can be overwhelming. For many individuals, it is even more complicated if they're trying to buy and sell homes at the same time. Buying a new home and selling your existing one involves dealing with a lot of paperwork, details, and people. Here are some things you need to know about buying and selling your home at the same time. It’s especially difficult to do this in a hot real estate market like we have in Austin.  Don’t worry, we have you covered. 


How to Sell and Buy a House in Austin, TX at the Same Time?

The act of selling and buying at the same time can be difficult, especially for those who are new to this process. One thing you can take note of is that this type of transaction happens all the time.…

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