Concurrent Closing: Sell Before Buying a Home in the Austin, TX
Posted by Ryan Rodenbeck on
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
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The Concurrent Closing Process
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Moving During a Concurrent Closing
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Bridge Loan: Buy Before You Sell
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The Key to a Successful Concurrent Closing
The Concurrent Closing Process
Selling and buying concurrently involves finalizing the…
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Austin, 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.
The 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.