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Tips For Buyers

SELL BEFORE YOU BUY

When to Buy - When to Sell:
This depends on a number of factors: your tolerance for risk, your finances, and the salability of your current home. Fortunately there are many solutions. Unless you have considerable financial resources, though, it could be risky to put an offer on a new home before your first home sells. In fact, you might lose your chance to buy your new home if you cannot sell your first home in time or if you do not get the sales price you expected. You might have to make payments on both homes until the first home sells.

Selling a Home Could Take Time:
It might take longer than you expect to sell your first home. It can take several weeks just to get a home listed for sale. It might take another a few days or few months to find the right qualified buyer. Then depending on the lending market and the results of home inspections it might take another month or two for you and the buyer to close the transaction. Remember: Sellers don't want to wait for you to get your home sold!

Expert Advice Will Help Negotiations:
Bev and Bob's job is to get you into the strongest negotiating position possible. Take advantage of their experience when they share with you that sellers prefer buyers who make a "strong" purchase offer. Sellers will choose qualified buyers who are ready to close the transaction quickly and easily, over buyers who are less prepared. If you are serious about buying, let them help you prepare so you can make the strongest offer possible.  

Worried Where You Will Live?
This is a common concern when juggling a purchase with a sale. Bev and Bob have many ideas to help you. For example, a rent-back period can be negotiated so you can rent your first home back from the buyer for a month or two while they help you buy your new home. Let them help you find the most convenient and affordable solution to minimize the moving impact on your lifestyle.

Realtors Are Valuable Assets:
Agents know the market and can help you prepare your home for sale. Bev and Bob have useful suggestions to help your home look its best. They can help you budget for clean-up and any repairs that may help the home sell easily. They can refer you to vendors and help you decide if any inspections need to be completed prior to listing your home for sale.

They know how to price homes appropriately so that your home will not be overpriced and sit on the market for a while without receiving offers. Listen to their recommendations. They will go the extra mile to keep both your purchase and your sale transactions going smoothly.

 

 

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