Buying a new home and selling a house both have their challenges, but can you imagine doing both simultaneously? Contrary to popular belief, you can succeed in this big home transition, but you need to do it strategically. That is why we are providing you with tips to help you get started.
This article will discuss three key tips that will help you buy a new home and sell your old house. Take this as an opportunity to move on and do what makes you and your family happy.
1. Sell the house first before buying your house
You may think that selling is more manageable than buying a house because it comes first, but that is not the case. It depends on the situation and the complexities of your preferences as a homeowner and what current tenants want. Most real estate agents and homeowners recommend that you sell your house first before buying your new one because doing so comes with more key advantages.
One of the advantages of selling your house first before buying is you would have more money. For instance, you can get a housing loan and add to your downpayment when you sell your home. You can also use the money that you gain from your sold house to improve the house you want to buy.
Another advantage of selling a house first before buying is that you get to choose an ideal tenant faster than selecting a home from different listings.
With these recommendations, you still need to seek professional advice to ensure that you make the best decision for your situation. Contact our real estate agents at The Blake Hayden Group to get the best advice.
2. Partner with local real estate agents
You need a real estate agent’s expert advice to help you get the best deal to buy and sell houses. Thanks to professional networking within the local housing market, a real estate agent can also connect you with more tenants, landlords, and investors.
For example, if you want to buy and sell a house in Owensboro, you can connect with real estate agents who have a full understanding of the local real estate situation. You can also ask them about other properties in nearby neighborhoods, like houses for sale in Utica. With their help, you can buy your new home and sell your current one faster and find better deals.
3. Keep to your timeline and complete tasks ahead of time
You may have to wait for weeks to buy the best home and sell your current one successfully, but you shouldn’t get complacent over your timeline. Remember—the process of moving in takes time, and you also have to allow you and your family to adjust to your new home.
You may even have crucial relocation needs, like transferring your children to a better school and finding new, more fulfilling work elsewhere. That is why it’s best to plan all the things you need to ensure that you can get through any obstacles and meet your housing needs promptly.
You can succeed in buying a new home and selling your current one, but you need to plan and have access to the best options possible. You also need to be decisive about your choices. Remember all the previously mentioned tips and find your ideal home today.
The Blake Hayden Group can help you buy and sell a house in Owensboro with our team of professional real estate agents. We have over 35 years of experience, and we can help you gain the best information about the ever-changing real estate market. Consult with us today to succeed in both the house buying and selling process.