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If you currently own a home and you are looking upgrade to a bigger home or downsize to a smaller home there are a few key things that you need to consider. The first thing you want to do is set a budget and a wish list for your new home to make sure that you can achieve your goals. If you are planning to sell your current home then we recommend that you contact us for a free market evaluation so that we may help you to determine what your home is worth in the current market. This will help you to establish how much money you will have to put towards your new purchase and will allow your mortgage specialist to pre-qualify you for your new purchase. Most homeowners will need to sell their current home prior to purchasing a new one since a bank , in most circumstances, will be unable to approve you for two house payments.
Now you may be thinking "Where will I live if I have already sold my home." This is not an uncommon concern however, there are several ways to make this happen to your benefit. This is why we reccommend that we take you to a few homes in your price range BEFORE putting your home up for sale. This way you will be sure that when we do find a buyer for your home, you will feel confident that you can find a new one you will love. Now you will be in the driver's seat because you will know how much your home has sold for and how much you can spend, allowing us to set the terms on the sale of your home to accommodate a move-in date for your new home. This is a critical step because nobody wants to move twice right?
Have more questions or ready to get started? Fill out this brief form. We look forward to working with you!
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