Question 1

Is This The Right Time To Sell?

Be very clear about the reason that you have chosen to sell your home. Are you looking to downsize or is your family growing and you need more space? Possibly you have just found your dream home and need to move your home quickly so that you don’t miss out.

Question 2

Buy First Or Sell First?

This is often a tough question to answer as both have an element of risk associated with them but the decision really comes down to what is the best thing for you and your budget.

Selling First

Will put you in a good bargaining position for your purchase because often you can negotiate a better price without the condition of “sale of property.” The potential risk for this scenario is that we may not find a suitable home that can close in the same time frame as your purchase. We would do our best to get you a long closing date to give you time to locate your next home, but you will need to have a back up plan if your ideal home does not come on the market right away or closing dates don’t line up.

Buying First

Before selling will ensure you get the exact home that you want. If you make your offer conditional on the sale of your home, you will have a certain amount of time to sell your home. If you do not sell your home within that fixed period of time, you can choose not to go through with the offer. However, this is often seen as an undesirable condition to sellers and you may have to give up some of your price negotiating power.

Question 3

What Is My Home Worth?

The local market conditions will definitely have an impact on the amount you can get for your home – and how quickly you can sell it. You may put a price on your home, but ultimately the market is what really prices it.