Here are a few of the many ways to sell your home based on your situation.
It’s no secret that this is a tough market. People looking to buy and sell a home at the same time are in a tricky spot. Sure, you can sell your old house easily, but how can you buy a new one without going homeless?
In a balanced market, it isn’t too difficult to line up your home sale with your purchase, but we are far from a balanced market. There are many ways to accomplish this goal, but I can only share a couple in this short video. Please reach out to me to go through your specific situation.
In a hot seller’s market like ours, you have two main options:
- Sell your old house first. Once it’s under contract, you’ll search for your new home. The issue with this option is that you’ll probably need to find interim housing while you shop. The good news is currently a seller can basically name the date that they want to close, potentially even staying in your home after closing, while you wait to find and close on your new home.
- Buy your new house first. Buying a home in this market will be a long process. The benefit of this option is that you can shop at your leisure from your old house. Unfortunately, you may have to pay two mortgages while you sell your old property.
If you have questions about which option is right for you, please give me a call or shoot me an email. I’d love to talk with you about your options and your specific circumstances.