There are about 86 million homeowners in America. If you’re one of them, and you need to move, there’s a reasonable chance you’ll find yourself facing this challenge. Thing is: If you sell before you buy, the clock will be ticking on finding your next home. But if you buy before you sell, you could get stuck paying two mortgages.
Or, you might have to live in a buddy’s pool house for a while.
Work your social network for temporary quarters
In 1998, Mark Rust and his wife began building a new house and listed their existing home for sale. About six months before construction was complete, the Rusts got an offer on their old house. However, the buyers wanted to move in right away.
Rust sent out a mass email to everyone he knew in the area, looking for a short-term rental.