I read this with interest on Al’s Morning Meeting today because I know of several friends who are having trouble selling their homes in this economy.
I thought this might be a solution for them. But as the post makes clear, it’s a complicated process and difficult to pull off. Not impossible though.
Al’s lists several sites that are swap facilitators, such as:
You can also check out permananet swap listings on CraigsList.
The posting ends with a WSJ article detailing the risks involved with this kind of transaction.