Hey there, fellow homeowners and house hunters! As your friendly local realtor, I’m here to chat about a savvy move that can benefit both sellers and buyers alike in our current real estate market.
Picture this: the market is a bit slower than usual, but fear not, because this could be the perfect opportunity for you to make a double play – selling your home while also purchasing your dream home. Intrigued? Let’s dive in.
So, why consider tackling both transactions at once? Well, in a slower market, homes may take longer to sell. But don’t let that deter you – it’s actually a golden opportunity to negotiate some advantageous terms, particularly with a sale contingency in mind.
What’s a sale contingency, you ask? It’s essentially a clause in your purchase agreement that allows you to finalize the purchase of your new home contingent upon the sale of your current one. In simpler terms, it means you won’t have to stress about being stuck with two mortgages or housing payments simultaneously. And in a slower market, sellers may be more open to accepting such contingencies, knowing that it could lead to a smoother transaction for all parties involved.
One of the biggest perks of selling your home during this time is the ability to leverage the equity you’ve built up over the years. By tapping into the equity from your home sale, you can use those funds as a down payment for your new home, potentially allowing you to afford a larger or more desirable property. It’s like having a financial springboard to launch you into your next chapter of homeownership!
Now, let’s talk about why enlisting the help of local professionals is key to pulling off this double whammy seamlessly. First up, your trusty local realtor (that’s me!) knows the ins and outs of our neighborhood market like the back of their hand. I’ll guide you through the entire process, from listing your current home to finding your next one, ensuring you get the best deal every step of the way.
But wait, there’s more – enter the local title company and lender. When you’re juggling two major transactions, having a reliable team of local experts by your side can make all the difference. When it comes to securing financing for your new home, a local lender understands the nuances of our market and can help you navigate the loan process with ease.
Selling your home and purchasing a new one simultaneously in a slower market isn’t just feasible – it’s downright advantageous. With the right strategy, including a sale contingency and a team of local professionals on your side, you can turn this opportunity into a win-win situation. So, what are you waiting for? I would be honored to help you start this new chapter! Send me a message on instagram or you can contact me with the information below.
Until next time,
– Niki Luther
Now accepting new clients! If you are looking to sell in Flagler County and would like to know the estimated value of your home and connect with me please click here.
If you are searching for properties or want to get started buying a home click here.
Heart into Your Home 