The moment to begin house hunting before your lease ends.
Автор: Mortgage Research Network
Загружено: 2026-01-30
Просмотров: 254
Описание:
One of the biggest mistakes homebuyers make isn't choosing the wrong house. It’s mistiming the end of their lease. If you’re renting and planning to buy a home, knowing when to start the homebuying process can save you thousands of dollars and a lot of stress. In this video, we break down exactly how to time the end of your lease when buying a house, so you avoid paying rent and a mortgage at the same time for longer than necessary. We walk through the realistic homebuying timeline, including mortgage pre-approval, house hunting, getting an offer accepted, underwriting, closing, and when your first mortgage payment is actually due. You’ll learn why most buyers should start seriously shopping 5–6 months before their lease ends, and what to do if things move faster or slower than expected.
We also cover smart backup options if the timing doesn’t line up perfectly, including:
• Breaking or extending your lease
• Going month-to-month
• Subletting your rental
• Negotiating a delayed closing
• Managing a short overlap between rent and mortgage
You’ll also learn why a small overlap can sometimes make moving easier, giving you time to clean, paint, make repairs, and avoid last-minute stress if closing is delayed.
Whether you’re a first-time homebuyer or a renter preparing for your next move, this video will help you plan ahead, stay flexible, and transition into homeownership with confidence.
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0:00 Intro
0:22 The home buying process
1:06 What if timing doesn't work out
1:50 What if there's an overlap
2:18 Unexpected delays
2:46 Recap
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For more homebuying tips and mortgage insights, visit MortgageResearch.com.
Check out the full article here: https://www.mortgageresearch.com/arti...
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