No, I don't mean the show "Trading Spaces" & I'm not talking about trading homes on a temporary basis for vacation.
We're in Florida and we have a modest house in a decent neighborhood, but we want to move up north, either OR, WA, or NC. The market is in a funk right now & it's tough to sell, so I was wondering if I'm just nuts or is it possible to trade homes (permanently) with someone who wants to move down here? I don't even know if it's possible, but I know a bit about buying & selling homes, and if it's like any other "sales contract" as long as both buyers agree, then there's taxes & such to work out, but that's it isnt it?
Here's what I'm thinking, say someone in NC wants to move to FL, we both have comparable houses, we both get appraisals, whoever comes in higher, the other pays the difference, they both go to each others closings & viola! Switcheroo!
I've searched high & low on the net & found nothing, maybe I should ask a realtor.
Great idea though isn't it?
2006-09-15
15:32:29
·
9 answers
·
asked by
?
2
in
Renting & Real Estate