How to swap house? How do I exchange a rental home or my owned property?
In recent times we have also seen the growth of permanent house swaps. When the real estate market is weak and homeowners are unable to sell their house, it may be a good decision to turn to a permanent house swap. House swapping, where two families agree to exchange homes, is not a new concept. Typically it is done by vacationing families for a short period of time. The Home Finders Site offers properties for sale, for rent but also the possibility to swap or exchange a rent or a sale (owned) house. House swapping, or home exchange, enables you to move on in your life. You are no longer hampered by this chain around your feet, you have moved your house away from you and you can continue elsewhere. Today over 8000 homes are being swapped or exchanged monthly in the US alone. So, you would not be the only one…
List your house for a permanent (rental or sale) swap on Home-Finders. You can still select several options as preferences, for instance 1. You prefer to sell with 2. Option to swap, etc.
If you get a response to a listing that sounds like it might be a good match for a house swap, ask to see pictures and then go see the property in person. Be sure to go during the day and you take someone else with you. Alternatively ask for the most recent appraisals, or when you get really interested because you like the property much, you can request to be allowed to make your own appraisal.
Consider using a local real estate agent or ask Home Finders to complete the entire process or for Home Finders to appoint a local agent. Although you do not have to use an agent for a house swap, you might want to. Call Real Estate offices in your area and ask them if they assist in house swaps otherwise Home Finders can recommend one or two alternative swap agents to you. They might be able to find the swap match for you as well as assist in the paperwork that will need to be done.
Hire an attorney. The attorney should be involved from the beginning and can handle the legal aspects of the house swap such as title work and closings. Alternative, ask Home Finders to coordinate this for you.
Take the usual precautions. If you decide you are interested in the house, hire inspectors to perform all of the same inspections that you would have done if you were buying the house. Just because you are swapping instead of buying and selling, you are still purchasing the home and want to know of any hidden problems.
Need help selling, letting or exchanging your house? Ask us, no obligations and free of charge we will help you.
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