BUYING THE NEXT HOME
Sometimes you just have to move!
If you sell your home first …the fear of selling your home before you've purchased a new one is obvious: You're homeless. But all of us realtors agree that this scenario is more attractive than the alternative, which is to buy a new home before your current one has sold (more on that below). The advantage is that you have the cash to buy your new house. In the meantime, however, you might be considering moving into your moving boxes.
The worst of all is being unable to sell your existing home. This is a nightmare if your move is mandatory. You can move in with siblings, parents or friends, but how long will that be acceptable? Below are the two best things you can do:
1) Drop the price of your home to the point at which it's just stupid for anyone NOT to buy it. Remember, this is a mandatory move.
2) Move your 401K to a trust management firm that specializes in property purchases within the plan. The money will be there to close your new home until the old one sells. Of course, a well-funded 401K is required.
Anyway, the Tyler Texas realtor on this end will make sure that you are served well.
If you sell your home first …the fear of selling your home before you've purchased a new one is obvious: You're homeless. But all of us realtors agree that this scenario is more attractive than the alternative, which is to buy a new home before your current one has sold (more on that below). The advantage is that you have the cash to buy your new house. In the meantime, however, you might be considering moving into your moving boxes.
The worst of all is being unable to sell your existing home. This is a nightmare if your move is mandatory. You can move in with siblings, parents or friends, but how long will that be acceptable? Below are the two best things you can do:
1) Drop the price of your home to the point at which it's just stupid for anyone NOT to buy it. Remember, this is a mandatory move.
2) Move your 401K to a trust management firm that specializes in property purchases within the plan. The money will be there to close your new home until the old one sells. Of course, a well-funded 401K is required.
Anyway, the Tyler Texas realtor on this end will make sure that you are served well.
posted by John and Flo Martin at 8:55 AM
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