Selling and Buying on the Same Day

What happens if you sell your home and buy another, with both of them closing on the same day? You may be fine, if all the stars align. But what if the buyer can’t complete the transaction on the agreed upon closing date? Closing a sale and a purchase on the same day can be risky. You can mitigate that risk by setting up a bridge loan – even if it’s just for one day.

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