With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because theyâre concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sellâwhether to upgrade or find a new neighborhoodâthere are a few ways to combat the low inventory.
Look to buy first In most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don't see anything on Zillow, it doesn't mean you can't or won't find the right home.
Think outside the box Be proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Have your real estate agent send a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.
Protect yourself legally Each state varies in how the purchase process is conducted. Talk to your real estate professional about adding a clause in the purchase contract for the home you are selling that will enable you to not sell the home if you cannot find a suitable home to buy.
Author:David Wedding Phone: 505-331-9760 Dated: August 26th 2016 Views: 173 About David: ...
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HEY FOLKS!!!! Here it is. More and more I have shown houses
"David has truly been an exceptional real estate agent. He has been a gem helping us in the search for a house recently. He cares less about making a sale then ensuring that as the buyer, you are thrilled and satisfied with your purchase. As we looked at houses - David was the first to point out any issue he saw with the construction or integrity of a house (leaks, sagging roofs, stucco issues, etc) and was quick to help us get those checked out. He is SO flexible and responsive and could be counted on to give us solid advice all the way through the process. David has definitely earned our trust and has truly been a delight to do business with - I would recommend him to anyone who is searching for a home in Albuquerque."