How to Buy a Home in Nashville Without Selling Your Current House First

Why This Is a Common Question in Nashville’s Market

Many homeowners want to move but worry about timing. You may:

• Have found your dream home before selling

• Want to avoid moving twice

• Need time to prepare your current home for market

In Nashville’s competitive market, flexibility can be the difference between landing your ideal property or losing it.

Option 1 — Bridge Loan

A bridge loan lets you borrow against the equity in your current home to make a down payment on your new one.

• Short‑term financing (usually 6–12 months)

• Paid off when your old home sells

• Useful in hot markets when you need to act quickly

Nik’s Tip: Local lenders familiar with Nashville’s pace can make bridge loans move faster.

Option 2 — Home Equity Line of Credit (HELOC)

If you have significant equity in your current home, you can tap into it before you sell.

• Works like a revolving credit line

• Often lower interest rates than personal loans

• Flexible repayment terms

Option 3 — Carry Two Mortgages Temporarily

If your income and credit qualify, you can buy your new home while still paying the mortgage on your old one.

• Gives you time to sell without rushing

• Avoids short‑term borrowing fees

• Works best if your old home is likely to sell quickly

Option 4 — Contingent Offer

In some situations, you can make your purchase offer contingent on selling your current home.

• Safer financially

• Less competitive in multiple‑offer situations

• More common in slower‑moving price ranges

How to Minimize Risk When Owning Two Homes

1. Know Your Market: Work with a REALTOR who understands Nashville pricing trends

2. Price to Sell: Don’t overprice your current home — aim for a quick, clean sale

3. Plan for Overlap: Budget for the possibility of carrying two mortgages for a few months

4. Stage and Prep Early: Have your current home market‑ready before buying

Why Work With Nik Shewmaker REALTOR

• Local Market Timing Expertise: Knows the best listing seasons and buying windows in Nashville

• Networked Lender Connections: Can introduce you to lenders offering bridge loans, HELOCs, and creative financing solutions

• Negotiation Skills: Can help structure offers that give you the breathing room you need

• Proven Track Record: Successfully guided clients through same‑time buying and selling for over 17 years

Final Thoughts

Buying before selling can be a smart move if handled correctly. The key is to choose the right financing tool, understand the risks, and work with a REALTOR who knows how to navigate Nashville’s market.

Call to Action

If you want to buy a home in Nashville without selling your current house first, contact Nik Shewmaker REALTOR today. She’ll help you find the right financing strategy and keep your move stress‑free.

Nik Shewmaker (NashvillesNik)

📲 Call or text (615) 585-0022

📧 Email: Nashvillesnik@gmail.com

🌐 Visit: www.NashvillesNik.com