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Updated almost 9 years ago,
Timing property purchase so I can move in when current lease ends
I currently rent a townhome, and I am planning on purchasing a property this summer to live in for a year, then rent out the following year. My current lease ends the first week of August. How do I time the purchase of the property so that I can move into it the first week of August?
I do not want to close a month early on a property and pay double rent for a month, and I don't want to close a month late and have nowhere to stay for a month.
When should I begin making offers on properties (may,june, july?) and what can I do to ensure that I close within a reasonable amount of time of my current lease end? Is this something that an agent can help with?
Thank you!