How to Buy a Home When you Need to Sell Yours
How to buy a home π‘ when you need to sell yours π€
The big question: βπ―ππ ππ πππ π ππππ π‘ ππππ πππ ππππ
ππ ππππ πππππ.β Candidly, selling sounds pretty fantastic: bidding wars, (way) over asking price offers, an so forth. However, itβs all for nothing if you canβt find a place to go post closing. The market is, to quote Tom Ferry: βComplicated.β Sellers would sell except they arenβt because they canβt find homes to purchase. Itβs a circular problem. And because of that, itβs time to step-up your βknowledge brokerβ game (big time)!
Try this β‘οΈ Post an IG Reel for 10 consecutive days, each day, sharing a different option to answer the (be-all end-all) question aboveβi.e.., βHow to buy a home when you have a home to sell.β Iβll explain it all in the video, however, hereβs my 10-day list of talking points:
1. Purchase new construction
2. Buy land and custom-build
3. Try a bridge loan
4. Pull a HELOC
5. Opt to rent for a while
6. Explore less competitive areas or price-points
7. Submit a contingent offer (**not recommended, LOL**)
8. Discuss seller financing
9. Negotiate a lease-back
10. Work out an extended closing period
Remember, whoever controls the inventory controls the market. Time to go to work, friends π