Ready to buy a new home and need to sell your current one? Like most other times, today’s market can be volatile. Obviously you will need a sound plan, including the assistance of a professional realtor, to pull off the switch.
1. Interview several realtors. For many people, a home is the biggest investment you’ll make. Especially if you need the proceeds from a home sale to purchase a new home, make sure your realtor is experienced selling homes in your neighborhood and the type of home you want to sell. Don’t let him/her sell YOU.
2. Pay attention to the market. You have to be realistic about home prices. Higher costs are a two-way street. The more money you make on your home, chances are you will also have to buy at a higher price. Same with lower prices. Obviously it’s not a zero-sum game, but something to think about.
Disclose all necessary information in regards to the structure status of the home.