Sellers
Market Analysis | Net To Seller
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It is true! You only have ONE chance at a first impression. I strongly believe in the importance of first impressions. I have first hand experience in watching a buyers eyes light up as they coast across livingrooms, letting their fingers glide across kitchen countertops and then mellow out on the livingroom sofa daydreaming of family gatherings and birthday parties. Buying a home can be an emotional experience and I have seen buyers fall in love breathing the words “I never want to leave”. I LOVE hearing those words! I get exciteed when I have the “prettiest girl in the room” type of home and the feedback is gushing with compliments!Trust that the offers reflect the love.
We’re all faced with “stuff” that accumulated over time. It can be overwhelming. Guess what? You have options! For items of value, you can have an auction or estate sale. Working refrigerators/freezers can be picked up by AEP. Fridges, freezers and other appliances that are NOT working -call your local scrapper. For other “junk” items, contact your trash service company. Sometimes “bulk service” is offered within the services you already receive with your trash company.
You want to plan this up front. I can help you with ideas. Aside from renting or staying with family, did you know you could “lease back” your home once it closes? A leaseback allows the owner-occupant of a property to sell it and then lease it back from the buyer. Ideally the lease is very short term while you sort out your new home. Typically the lease is equal to the buyer’s monthly mortgage payment.Another option is a bridge loan. A bridge loan is a short-term loan that can be used to finance the purchase of a new home before the sale of your current home closes. Bridge loans are typically secured by the new home, and they typically have a short repayment period, usually 30 to 90 days.Builders often require buyers to sell their current home before they can purchase a new one. This is because builders want to ensure that they have a buyer for their new home before they start construction. Sometimes builders accept home contingency sales, where you can hold onto your home, and then sell your current home right before closing on the new home. I’ve even heard of builders buying the sellers home to help with the sale, and then the builder sells the home. Depending on the market the builders will change their process so I will ask if this is an option once you start looking.
SALS 2014001297