How Do You Sell a Home in Summerlin and Buy a New One at the Same Time? Local Real Estate Expert Deidre Wilson

How do you sell a home in Summerlin and buy a new one at the same time?

You’ll need a clear strategy that balances timing, financing, and negotiations. Many homeowners in Summerlin use bridge loans, contingent offers, or temporary housing to make the transition smooth — and Deidre Wilson helps guide you through each option.

The Challenge of Buying and Selling at Once

In a fast-moving market like Las Vegas, many Summerlin homeowners worry about two things:

• Selling their home too quickly and having nowhere to go

• Buying first and being stuck carrying two mortgages

The good news? With planning, both can be avoided.

Option 1: Make Your Offer Contingent on Selling Your Home

This means your purchase of the new home depends on selling your current one.

Pros:

• Low financial risk

• Gives you time to close on your Summerlin home before finalizing your purchase

Cons:

• Less appealing to sellers in competitive neighborhoods like The Ridges or Red Rock Country Club

• May limit your ability to win bidding wars

Option 2: Use a Bridge Loan or HELOC

A bridge loan or home equity line of credit (HELOC) can help cover the down payment on your next home while your current home is still on the market.

Pros:

• Flexibility to buy first, then sell

• Stronger offer with no sale contingency

Cons:

• Higher costs and financial risk if your home doesn’t sell quickly

Option 3: Sell First, Then Buy

This conservative route means closing on your Summerlin home before committing to the new one.

Pros:

• No risk of carrying two mortgages

• Clear picture of your budget

Cons:

• May require short-term rental or staying with family until your next purchase closes

Timing Your Sale in Summerlin

Homes in Summerlin often sell faster than other areas of Las Vegas due to demand. In 2024, the median days on market in Summerlin was 26 days, compared to 33 days county-wide (source: LVR).

If you’re targeting new construction communities like Kestrel Commons or Redpoint Village, aligning your sale with builder timelines can give you flexibility.

Deidre Wilson’s Local Strategy

“Many of my Summerlin clients worry about being ‘homeless’ between homes. My role is to coordinate both sales so your timelines align — whether that’s negotiating a rent-back or structuring your financing.” — Deidre Wilson

How Deidre Wilson & Associates Helps You Transition

• Coordinate timing between closings

• Negotiate rent-back agreements so you can stay in your old home briefly after selling

• Connect you with trusted lenders for bridge loans or creative financing

• Provide access to off-market and coming-soon listings to widen your buying options

Ready to Make Your Move in Summerlin?

Whether you’re upsizing, downsizing, or moving into a new Summerlin community, Deidre Wilson has the expertise to help you sell and buy with confidence.

📞 Call or text: 312-576-5448
📧 Email: sold@deidrewilson.com
🌐 Visit: www.deidrewilson.com

Disclaimer: This article is for informational purposes only. It is not legal or financial advice. Always consult licensed professionals for guidance.