I'm on the hunt for a new home and hoping to avoid juggling multiple mortgages or taking out a bridge loan. Ideally, I want to move smoothly without having to relocate my family to temporary housing. If you've been in a similar situation, how did you handle it? Our realtor expects a quick sale due to the hot market (neighbors sold before listing). We're considering adding a clause to the contract stating that we can't close until we find our next property. Any thoughts on this approach?

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You can request a leaseback in the contract for the house you’re selling. Often 30 day to 60 day leaseback @ market rate isn’t uncommon.

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When I bought my last house, the owners wanted a 2 month lease back because they were building. It worked out for me because I had a month left on the lease and landlord allowed a month to month. But be aware, the old owners asked for more time 3 days before move in, I said no and they left all their trash in the garage and attics.

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