CALL 571-285-4319 TEXT 202-299-7671
Sometimes it’s helpful and even necessary to sell your Woodbridge area home before you really want or can move. This often happens when you are having a new home built, but aren’t sure of the completion date or from a financial stand point you first have to sell your current home before you qualify for another home. There are ways this can be accomplished by selling your Woodbridge VA area home so you’re sure of the funds available for the new purchase, but continue to live in your old home until construction of the new one is complete.
Sellers have the option to renting back their home as long as the Home buyer agrees to the terms. And of course the terms would have to be agreed upon prior to ratifying a contract.
Enter the Lease-Back or Rent-Back Agreement
I have done several rent backs recently where I represented the buyers and where I represented the sellers. In the case of the Woodbridge VA Home sellers that did a rent back, they moved from a larger Home to a smaller home. The closing for their new home was approximately two weeks after the closing of their current home. They used the proceeds of the sale of their Woodbridge VA home to purchase the other home. The buyer agreed to the rent back option proposed by the seller and everyone was happy.
If you are in a situation where you would like to move from one home to another call me today to discussing your specific situation. You can reach me at 571-285-4319.
If you are just curious o know what your Woodbridge VA Home is worth in today's market complete the form on my website to receiving a free home valutation.
Find out Woodbridge VA Home Values, Woodbridge VA Home Prices Right here.
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