Almost one-third of the inventory in the Sacramento market where I specialize is sold vacant. Empty houses mean the sellers have generally bought another home and moved on, although it could mean it's a probate sale or the sellers were suddenly transferred to another city. But most of the time, they bought before they sold.
How risky is it to own two homes at the same time? Think about this: some sellers obtain bridge loans and don't make any payments until their old home sells. Would you say that's a motivated seller? . . . read more about Buying Before Selling.
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