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What if I need to purchase another after my sale, how do I ensure that I will not be homeless at the end of the transaction?
Sellers Answers
There is a contingency that we can put against the buyers to uphold in the contract and that is “Seller to Purchase Another Home” (or SFHOC), that is allotting a set of days after you have received a contract on the sale of your house to find another. Once you have found the property within those days we can conduct both settlements on the same day as long as all parties have agreed to do so. If you do not find a property within that timeframe we can go back to the buyers of your property for an extension or cancel the sale all together. You will never be left without a home
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