Buying a home using a “sunset clause” - that is, buying a home with the condition of selling your home to complete the purchase.

Many home owners do not feel comfortable selling their home prior to buying a new home. They feel too nervous that they won’t be able to find and buy a suitable home before theirs is sold and settled and they don’t like the prospect of renting and having to make two moves.

The solution to this is for the buyer to make an offer on the property they intend to buy, that is subject to the sale of their own property. This is commonly known as purchasing subject to a sunset clause.

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Under Contract - a sellers’ guide

As a seller, once you have a contract on your property there are usually a few processes that will take place which you need to be aware of.

Also included in this article is a useful checklist of things to do to make your move as smooth and stress free as possible.

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