Mike and Pam and Lauren and Ryan swapped houses.

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Mike and Pam found Lauren and Ryan, homeowners in Elgin, Illinois, who wanted to upgrade their home. It was the perfect match for Mike and Pam, who were looking to downsize. Mike and Pam sold their home for $295,000 and purchased Lauren and Ryan's home for $180,000. "We were able to sell our house at the price we wanted, and they were able to sell their townhouse at the price they wanted," Pam says.

"We're all happy," Ryan says. "It was an even trade in the sense we both got exactly what we wanted. We were looking for a house with four bedrooms, a basement and a backyard that would be fenced in for our dogs, and we ended up getting that."

If you're interested in finding a creative way to sell your home, make sure to check out the laws in your state first.

Find more money-saving advice.
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FROM: The Thriftiest Family in America
Published on October 08, 2008

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