USING A REVERSE EXCHANGE AS A TOOL IN A COMPETITIVE MARKET
Many investors are aware of their ability to use a reverse 1031 exchange when they are faced with having to close on their replacement property before they are able to close on their sale property; however, reverse exchanges can also be used proactively when tight inventory creates purchasing challenges.
Many homeowners who are preparing to move from one home to another ask themselves this question. Human nature compels us to cling to the things we care about and consider valuable. In order to make an informed decision here are a few things to consider. This article is strictly meant to be thought provoking and should not in any way be considered legal advice.