Indianapolis Area Real Estate Blog

Can't Sell Your Home - Swap It!

Could swapping homes be the next wave of creative selling techniques? I’m not convinced, but if you’re lucky enough to be one of the few who is able to make it work for you; I say “go for it”.

It’s not a swap as in let’s swap – I’ll pay yours and you pay mine. Each home owner qualifies for a new loan on the others home. You would have to settle the equity difference, since it’s highly unlikely the equity would be equal in each home.

I read about this in a local Indiana newspaper online and while I believe it is a true story, with seller’s named Peek and Bou; I’m cautiously recommending the article for those who may benefit from the happenstance of finding a home to swap.  Check out the article here – Swap Your Home


#1 By Gail Tassey at 6/16/2009 0:20 PM

Wow! I had not heard of this before, I wonder who will take the liability of all the legal paperwork? Or will agents still play a role in writing a SWAP Contract? This will be interesting to watch.

#2 By Jim Gilbert at 7/18/2009 4:20 PM

The last line in the article has athe word that says it all: "creativity." That was my thought as I read your blog, and worked my way through the article. Obviously this would have to be a "perfect" match, but if it works, great!

#3 By mojji at 7/31/2009 9:02 AM

Interesting news for real estate lover that they can exchange their residence
For check this program check my profile you will appreciate it

#4 By Beverly Henson at 7/31/2009 2:35 PM

I'e heard about this, but I have not seen it here, yet. (Austin)

#5 By Newport Beach Homes at 8/24/2009 10:02 PM


Wow Nice idea.I never heard this idea before.It could be better technique then selling home.It is really creative idea.Thanks for sharing.

#6 By Betty Jung at 4/11/2011 5:06 AM

I actually did this in the 1980s. I traded my house for another house in a different location. It was also a deep depression and this was the only way I could get my daughter into the school district we wanted her in. My house was on acreage and I traded it for another house in town. Both houses were free and clear that were involved in the transaction so it worked out beautifully. It does have to be a perfect fit for it to work. But it did in my case.

Post a Comment

Blog Archives

Posts By Category

All Categories Buyer Resources (59) Community News (37) Home and Family (36) Home Maintenance Tips (14) Homeowners (34) Homes for Sale | Listings (25) Indianapolis Things to Do (62) Indy Photo Spot (5) Lifestyle Communities (4) Local Indy (42) Market Statistics (87) Mortgage News and Info (49) Parks and Recreation (12) Random Thoughts (19) Real Estate News (73) Real Estate Terms (15) Relocation Tips (8) Seller Information (41) Upcoming Events (3)

Posts By Month

Blog Roll

Homes in Hendricks County
Grab Our RSS Feed
New Listing Alerts

Be one of the first to know when new listings matching your criteria hit the market.

Get New Listings
Relocation Guide

Find your next home and learn about neighborhoods, current market statistics, and local schools.

Free Relocation Guide
Free Market Analysis

Our free service provides you with a detailed estimate of your home's current market value.

Get a Free Market Analysis