There are a few things you can do:
- Reevaluate your expectations. If you want to buy a house with a large yard, a walk-in closet, a new kitchen, and 2+ bathrooms in a major metropolitan area, you'll have a tough time.
- Consider moving to a different area.
- Resign yourself to renting.
Hereof, can you put Offer house yours not sold?
Perhaps the most common -- and least complicated -- way of buying a house before selling your existing one is to make a contingent offer. This as an agreement that specifies that the offer on the new house is only binding if you're able to sell your existing home.
Secondly, is it a good time to buy a house 2020?
It's been a great time to buy a house. Starting in mid-2019 and extending through early 2020, low rates lead to record affordability. We're seeing that what's “good” for rates can be bad for lenders, and what's “good” for the market can be bad for home buyers.
How many homes do you look at before buying?
On average, buyers need to view between four and eight homes before committing to the right property, although for some it can be more immediate and for others it can take much longer.
What happens if I don't have a downpayment for a house?
You can only get a mortgage with no down payment if you take out a government-backed loan. You may want to get a government-backed FHA loan or a conventional mortgage if you find out you don't meet the qualifications for a USDA loan or a VA loan. Both of these options will allow you to make a low down payment.