CI-Léman answers

Can you buy a property in Geneva before selling your current one?

Yes, we handle this situation every month. In Geneva, properties are scarce: our clients sell and search at the same time, and the order of the two cannot always be chosen.

The answers are published in French.

Yes, we handle this situation every month. In Geneva, properties are scarce: our clients sell and search at the same time, and the order of the two cannot always be chosen. The bank bridges the gap with bridging finance (also called a bridging loan or bridge loan), repaid at the notary's as soon as the sale goes through. Its duration depends on a single variable: the price. A property valued at the fair market price generally sells within three months. So everything starts with the valuation. In twenty years of chain sales, we have always found a solution. Talk to a broker before committing: a valuation is confidential and carries no obligation.

Can you buy a property in Geneva before selling your current one? · CI-Léman