One of the most common questions that I am asked when someone is considering selling their home in our current historical seller's market is "where would I go?"
My answer is typically different depending on their unique situation, but I've outlined two ways that you can sell your home at the height of the market and make sure you don't end up homeless!
✔️ 𝗧𝗲𝗺𝗽𝗼𝗿𝗮𝗿𝘆 𝗵𝗼𝘂𝘀𝗶𝗻𝗴 — I get it, no one wants to move twice, or deal with short-term housing, but there are some benefits to being flexible and uncomfortable for a few months. Although not ideal, putting together a plan for temporary housing is important. Sure, in a perfect world we would find you a house and have you move in the same day as you close on your current home, however that can be quite difficult with our current inventory shortage. Calculate the costs associated with storage units, short-term rent, and moving expenses, and compare to what you will net from selling your home now, at the height of the market. If it still makes sense, it may be time to consider this option.
✔️ 𝗔 𝗹𝗲𝗮𝘀𝗲𝗯𝗮𝗰𝗸 𝗼𝗽𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂𝗿 𝗯𝘂𝘆𝗲𝗿𝘀 — this is when you sell your home, and then rent it back from the new owners for a period of time. This is an ideal situation if you have to sell first in order to buy a new home. The stiff competition for buyers has lead to many being flexible with settlement dates and leasebacks in order to make their offer stronger.
Selling and buying a home is a huge undertaking, but I am here to help. Let’s connect so that we can discuss your options and how I can help make the process as easy and stress-free as possible, and net you the most money for your house!
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