Imagine that you have found your dream home. Imagine also that the sellers are reluctant to enter into a purchase contract with you because they have not yet found somewhere to live themselves.
Why not take the pressure off? Consider a sale and leaseback.
How would this work?
Offer to purchase the seller’s home at a certain price and with a possession date that is sooner rather than later.
Agree to let the sellers stay home!
What happens after that? You agree to rent the house back to the seller for a short period of time, for example 2 to 4 months. This will give them some extra time to go about searching for and selecting their next home.
This approach offers you certainty, knowing that your dream home has been secured and that you are paying today’s prices (important in a lifting market).
At the end of the rental period, the sellers move out of their old home and you move in.
To explore this idea in more detail, please call Stuart Neal at 780-760-2014 x3.
To shop for ALL homes in the metro Edmonton area please go to our website www.AmbergateHomes.ca.
We have REALTOR® / Advisors standing by and ready to help you. Learn more about our team by clicking here: Vital Home Realty Team.
About the author:
You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®.
Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home buyers website www.AmbergateHomes.ca
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