Think Of Selling When Buying A Home

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Real Estate Agent with RE/MAX Realty Affiliates

Think Of Selling When Buying A Home

Think of Selling when you are buying a homeYou’ve negotiated a great price on a home and you’re ready to buy … Stop and Think Of Selling When Buying A Home.  It has everything you want right now in a home, but is it a good investment? To be a good investment, it should not only serve your wants and needs well while you live in it, but it should also be something that makes financial sense when you sell.  As you find and buy a home you should always think about how you are going to get out of it.  Will it be relatively easy to sell when you are ready to sell it?

Regardless of your intended holding period
, it is very important to analyze the saleability of yourLisa Wetzel and Jim Valentine Sold Carson valley Real Estate home before you buy it.  Many folks retiring to our area figure they are buying their last home.  When the subject of resale comes up they laugh it off as unnecessary.  Things ... we call it "Life" ... happen, however, and resale must always be considered regardless of current intentions.  Even if you aren’t subject to moving because of employment circumstances any more, there are many other factors that can come in to play, i.e.- health, family, personal interests, etc. that can necessitate an unexpected move.

Buyers today have many buying opportunities, and must be selective. Some ultra low price opportunities are not really the best long term purchase.  If a property has location, floor plan, or floodplain problems today, it will still have the same problems when it's time to sell it.  The attractive low price relative to the market today will be as low, or lower, when the market gets more competitive.  The converse is true.  A quality home will always be preferred over inferior properties, and has a better chance for
appreciation, and will sell quicker.

When predicting future saleability there are many things to consider
.  Look at the street.  Does everybody take care of their property?  Is it a neighborhood in transition?  Up or down?  Are there any physical characteristics of the neighborhood to be concerned about including busy roadways, noise or odor from neighboring business operations, etc.?  Are new subdivisions being planned in the community that will compete for future Buyers?  Are you going to correct existing deficiencies or make other changes that will affect value during your ownership?  If you buy a home with a one car garage, one bathroom, or other similar sale-stifling characteristics you must plan to fix them or your resale will be adversely affected.


Lisa Wetzel and Jim Valentine Sold Carson valley Real EstateOur Advice … Stop and Think Of Selling When Buying A Home!

Always think of selling when you buy a home.  If you are getting the deal of the decade on a home there might be a reason.  Is it the biggest on the block?  Is it functionally or otherwise obsolete? Is something changing in the neighborhood that will decrease, or increase demand, thus value?  When selecting a home, make sure you know what’s going on in the neighborhood, how that home compares to the neighborhood, and how the neighborhood fits in to the community overall.  With that perspective you can proceed comfortably with confidence.  Your agent should help you with this very important assessment as you prepare your offer.  It can have a direct impact on the price you offer – up or down.

As you enjoy the euphoria of finding a great home, be sure your agent looks in her crystal ball.  In a perfect world you will live in your home in accordance with your intentions, but if something changes it is good to be prepared.


When it comes to choosing professionals to assist you with your real estate needs ... Experience is Priceless! Lisa Wetzel and Jim Valentine, CDPE, SFR, RE/MAX Realty Affiliates, 775-781-5472 carsonvalleyland@hotmail.com, www.carsonvalleyland.com

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Lisa Wetzel and Jim Valentine are the authors of this blog.  Lisa, Jim and Jessie are experts in Carson Valley , Carson City and the tri-county area of Douglas County, Carson City and Lyon County. Call our team anytime at 775-781-5472 or 775-781-3704.  To Search for Homes go to: Carson Valley Listing Book or visit our website at www.CarsonValleyLand.com

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Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

Ah, great post Lisa and Jim. The emotion of today's purchase needs to translate in tomorrow's resale.  Sometimes nice furnishings and decorator's touches can entice someone to feel the hominess of a place, and overlook some very basic, but important resale potential.

Nov 10, 2011 03:40 PM #1
Rainmaker
1,065,751
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Lisa and Jim - You've given us something to think about.  Re-sale is always important, even if you never plan to sell.

Nov 10, 2011 04:49 PM #2
Rainmaker
512,581
Lisa Wetzel
RE/MAX Realty Affiliates - Carson City, NV
CDPE, SFR carsonvalleyland.com

Karen ... Thanks for your comments ... our feelings exactly.

Laura ... Sooneer or later someone is going to be selling that home.

Nov 11, 2011 01:02 AM #3
Rainmaker
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Kay Van Kampen
RE/MAX Broker, RE/MAX Solutions - Springfield, MO
Realtor®, Springfield Mo Real Estate

If buyers would take this advice, every home would be in a great location, in mint condition and priced to sell.  Now, wouldn't that be a wonderful market.

Nov 11, 2011 02:26 PM #4
Rainmaker
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Lisa Wetzel
RE/MAX Realty Affiliates - Carson City, NV
CDPE, SFR carsonvalleyland.com

Kay ... I like your thinking!  Thanks for the comments!

Nov 11, 2011 02:28 PM #5
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Lisa Wetzel

CDPE, SFR carsonvalleyland.com
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