With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because theyâ€™re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sellâ€”whether to upgrade or find a new neighborhoodâ€”there 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.
Click this link to get your free home evaluation. http://greggwright.gsp.exprealty.com/sell.php
Or call Gregg Wright 864.908.1250 to determine if now is the right to buy or sell a home.
Author:Gregg Wright Phone: 864-908-1250 Dated: June 21st 2016 Views: 103 About Gregg: ...
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