house selling and buying?
Answers:
You are not in a chain at the moment. If the person who buys from you has something to sell then you will be in a chain.
Once you have received an offer it can take on average between 6-12 weeks for a sale to complete. You can put pressure on the solicitors to move quicker - if you ask for the searches to be done whilst you are waiting for a survey to be carried out it will speed the process up.
Other answers:
If you go to your bank you'll find their are options for you so you can purchase the other home right away but you have to make sure you can really afford it first in case something bad happens. When you sell a house it usually takes about a month for everything to be finalized. Just because you have a offer does not mean it is sold the buyer can still back out until the day of closing so be careful. Buyer can also have trouble with financing or if you are working with out of state people this can really slow you down. Just make sure you don't rush into buying that house unless you can afford two mortgages.
If you go to your bank you'll find their are options for you so you can purchase the other home right away but you have to make sure you can really afford it first in case something bad happens. When you sell a house it usually takes about a month for everything to be finalized. Just because you have a offer does not mean it is sold the buyer can still back out until the day of closing so be careful. Buyer can also have trouble with financing or if you are working with out of state people this can really slow you down. Just make sure you don't rush into buying that house unless you can afford two mortgages.