Dec. 2, 2015
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Great news! Our market is hot, and you have equity. When you have equity, you have options. You can move up or move down. Whatever it is, there are four things to consider in order to successfully sell before buying a home. Check out our step-by-step process.
First, acquire an honest evaluation from a professional Realtor. We'll visit to your home and compare it to other properties in the neighborhood. We'll come up with a comparative evaluation and obtain a conservative estimate of what you will net.
Next, meet with your lender and present them this information. They'll help determine a comfortable, sustainable purchase price for your next home.
Report back to your Realtor. We'll do another market evaluation to examine the current market. Are there several listings that have been sitting, or are there only a couple homes that will sell by the end of the week? We'll map out what you can expect when looking for properties in a certain area.
Finally, create a backup plan. We recommend a backup plan because so much can happen during a real estate transaction. If you're buying and selling at once, that's two transactions to deal with!
We want your next house to be a great, sustainable fit for you. The best way to do that is to prepare you through education. If you have any questions for us, give us a call or send us an email. We look forward to hearing from you!