You’re ready to make a move but not quite sure how to juggle it… You currently own the house you are in and have equity that you’d like to use towards buying new one. How do you make this all work??
This is a common scenario that many homeowners face when deciding to move. There a few strategies to use to accomplish this:
1. Sell First. List your current home then look for a new one once your home is under contract.
2. Buy First. Buy your new home (cash, bridge loan, new mortgage), then list and sell your current home.
3. Buy and Sell Simultaneously. Look for a new home. Once you find the right home, write an offer contingent upon you selling your home. If your offer is accepted, list and sell your home.
Which way is best for you? Feel free to reach out to schedule a NO obligation consultation!!
