Thursday, 30 January 2014

Should I buy a home or sell my home first?

When people sell their home, they are most likely going to buy a new one.  This seems simple enough, but many go through the dilemma of should they sell their home first and then buy or buy a home and then sell.  This is a valid question and makes people anxious when trying to decide what to do as they don’t want to be stuck in a rental and they don’t want to be own two homes and making payments on both.  To make your life easier and much less stressful, I recommend one thing – HIRE A REALTOR®.

A Realtor® will ensure that the two (you selling a house and you buying a house) will occur seamlessly.  Put your house on the market and start looking for one at the same time.  When you write an offer you can make it subject to the sale of your home and when someone writes an offer on you house, you can make it subject to you buying a new one.  This makes your life a lot easier.

In addition, one important step is often overlooked. I recommend talking to a mortgage advisor to make sure you are approved and pre-qualified for buying the new house and you can afford it.  Many people don’t think about this, believing if they were approved for their current house that they can transfer the mortgage and they will be approved for the new place.  This is not always the case.  It’s better to be safe than sorry.
If you want to sell your house and buy another one at the same time and are looking for a real estate agent to help you make the transition smooth and stress free, please just let me know and I will be happy to assist you.

Sincerely,

Astra Mulawka
Sales Representative
Better Homes and Gardens
Real Estate Signature Service





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