Have you been thinking about selling but in this crazy market you’re worried you’ll end up homeless?
In today’s market, selling your current home isn’t the challenge, it’s finding a new home and timing the close – that’s the challenge. Let us explain…You find the home of your dreams, you’re ready and excited to make an offer, but your offer is contingent on selling your home.
In past markets, you could offer on a new home prior to selling your current home, what’s changed?
Today with so many non-contingent buyers competing for homes, meaning they don’t currently own a home that needs to be sold; making an offer on a new home contingent on your home selling is NOT an Option! So what are your options???
We can negotiate longer possession on the sale of your current home remember it is a seller’s market and buyers are happy to accommodate to get their offer accepted. We just had deal where the seller gets to stay in their current home 60 days for free!
Speak with your lender and see if you can get a Bridge Loan or a Home Equity Line of Credit so you do not have to sell your home before purchasing another. With this option you can purchase a home before you put your home on the market. Then you are guaranteed a home to move to.
There are dozens of additional tweaks, options and variables for each scenario that will depend on your personal situation. It may seem hard to pull off, but I can tell you from experience that the vast majority of the time, we’re able to coordinate both sales and keep you from being homeless or even worse, moving back in with your parents! 🙂
Do you want to sell and not be homeless? Give us a call at A&J Realty Partners with Key Realty. We’re here to help you fulfill your home dreams no matter the size!