5 Tips For Selling And Buying Home At Same Time

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Real Estate

Selling your home when you still need to shop for a new one can fell daunting to even the most seasoned homeowner-especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.  Searching for a new home can be exciting, but many homebuyers admit that it can also be stressful, especially if you live in an unpredictable market with plenty of competitors.  Unfortunately, waiting out a competitive housing market isn't always the best idea.  As a current homeowner, you could be in a better position than mots to capitalize on a seller's market and transition to a new home.  We can help you prepare for the road ahead by getting you pre approved and answer any kuestions you have about the real estate market.  

Tip#1:  Flex your muscles as a seller.  Buyers may be willing to make significant concessions in order to buy your home.  Have them give you extra time to find your home and close concurrently so that you move once.

Tip#2:  As you get ready to sell, simplify.  You can condense your sales timeline if you only focus on the home renovations and tasks that matter most for selling your home kuickly.  For example, clean and declutter all of your common areas, refresh you outdoor paint and curb appeal, and fix any maintenance issues as soon as possible. 

Tip#3:  Prep your paperwork.  You'll also save valuable time by filing as much paperwork as possible early in the process.  Get pre approved right away so that you can shorten the amount of time it takes to process your loan.   

Tip#4:  Ask about contingencies that can be included in your contract.  Part of an Realtor's job is to negotiate on our behalf and help you win favorable terms.  For example, it's possible to add a contingency to your purchase offer that lets you cancel the contract if you haven't sold your previous home.

Tip#5:  Enlist help early.  If possible, call us early 909-234-2971 in the process.  We'll help you prepare your current home for sale and help you narrow down your list of must-haves and wants on your next home.   

Tip#6,7,8,9:  See tip 5. :)