With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they're concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell-whether to upgrade or find a new neighborhood-there are a few ways to combat the low inventory.
Look to buy firstIn most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying.
Think outside the boxBe proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Ask your real estate agent if they know of any homes that aren't listed but might be for sale. They may even send a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.
Protect yourself legallyTalk to your real estate professional about adding a contingency clause in the purchase contract for the home you are purchasing that will enable you to cancel the contract in the event your home does not sell.
Author:Ruby Arias Phone: 623-398-5575 Dated: March 30th 2017 Views: 396 About Ruby: Whether buying or selling a home, you want someone on your side that knows the local market and puts...
The partners of Re/Max Preferred Choice specialize in both the purchase and sale of residential and commercial real estate, as well as providing property management services. We have been in business since 1996 and have a long history of providing exceptional customer service to our agents.
One of the first decisions that must be made in the home buying p
"Justin Schlegel is a very knowledgeable and professional Realtor®. Our home was on the market less than 24-hours before we had our first offer. The second offer came within a week and we took that offer. Total time including closing and funding was less than 60-days. If you are in the market to sell your home, we highly recommend Justin Schlegel. Thank You Justin."