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Moving Can Be A Catch 22

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

 

Thinking of selling but where are you going to move?

 

Baltimore does NOT

have a large selection of condos, accessible homes or 55 + housing.

 

When it is time to sell..

there is a great deal of pressure on a seller who has lived in the same  home

for 15, 20 or even 50 years.

 

catch 22 margaret rome

 

 

It feels like a catch 22. 

Here is the dilemma.

If we find a place we like, we can't buy until our house is sold.

We need the proceeds to move forward.

If we put our house on the market and it sells right away, we don't have a suitable place to move.

Help!

 

Be careful about being 'talked into' a real estate situation.

List right away...it is the best time!

Put an offer on this condo you love.

You have a really good house and it will sell right away. 

Doing the above may lead to a meltdown.

 

stress  Margaret Rome

 

Let's try to alleviate this stress by making a few decisions.

Start looking for that next home now.

 If you are considering a condo, go visit as many as possible.

Sit in the lobby. Talk to the staff. Ask questions of people living at these condominiums.

 

How do you feel in the building?

Is is warm and inviting? Are the people friendly? Do you like the amenities?

Do you want/need/require full service building, an elevator, a doorman, a receptionist, underground or assigned parking?

What are the condo fees?

What other expenses will I need to know about?

Visiting different properties..you wil find if the building's personality is a fit for you.

You will feel the chemistry when you are in the right place.

This gives you choices for your next move.

 

Need some help with your next home..

Call Margaret Rome

Margaret Rome

 

 

 

 

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


Sell Your Home With Margaret Rome

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Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

This type of selling and buying is stressful Margaret Rome, Baltimore Maryland and those of us in tight inventory markets have honed skills on the balancing act, don't we?!! 

Jul 22, 2018 08:56 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Lisa Von Domek Always so good to see you. Moving is stressful in every market and it takes experience and sensitivity to deal with the pressures. You have honed your skills very well!

Jul 22, 2018 09:02 PM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

You know Margaret Rome, Baltimore Maryland I have my fingers crossed that you will make it to our AR Meetup in November in Boston!

Jul 22, 2018 09:07 PM
Margaret Rome Baltimore 410-530-2400

Sounds like fun especially with planning this far in advance Lisa Von Domek 

Jul 23, 2018 07:49 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is great advice for those who are thinking of selling their home.

Jul 23, 2018 03:57 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Margaret Rome, Baltimore Maryland one step at a time.... and the potential buyer always needs a roof over his/her head.... there are protections for that deposit and for the sale of a home.... 

Jul 23, 2018 04:18 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Excellent advice, Margaret.  You always have the clients best interest at heart!

Jul 23, 2018 05:20 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Margaret. Having a sense of where you are going makes the decison to sell easier. Enjoy your day!

Jul 23, 2018 05:37 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Barbara Todaro Always one step at a time and a plan for each step.

Jul 23, 2018 07:50 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Carol Williams I would hope we all have our clients best interest uppermost.

Jul 23, 2018 07:51 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Wayne Martin Knowing where you are going makes sleeping a bit easier. :)

Jul 23, 2018 07:52 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

 

Thanks Gita Bantwal 

Jul 23, 2018 07:53 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Yes! it is a catch-22. The Dallas area has faced this situation you described for several years now. It seems to have stopped recently. I think a shift is coming my way but by reading about other areas, you're facing the sweat and stress. Your advice, is excellent. 

Jul 23, 2018 11:25 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

 

Thanks Patricia Feager Sweat and stress is a good saying for this situation.

Jul 23, 2018 12:07 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Margaret it is particularily stressful for our seniors  - we call them, active adults in my area.  We have a LOT of options for them so that takes some of the stress away but it's still a HUGE deal. I feel that it's my job to explain, educate and keep them calm and let them know I'm always a phone call away helps a lot.  Working on one right now that we just put under contract. They lived in their beloved home for 30 years.  They're doing great now and are actually having fun with the whole idea. The most delightful folks!!

Jul 23, 2018 02:26 PM
Margaret Rome Baltimore 410-530-2400

Anna Banana Kruchten CRB, CRS 602-380-4886 We do get a lot of satisfaction helping our classic clients right size. And I know they are delighted  working with the top Banana!

Jul 23, 2018 05:29 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

The point about long time home owners who lived in their homes for a number of years is a good one, Margaret.  I've been in my own house for 36 years.  It would take some doing to get me packed and moved.  And, I'm not even a hoarder!

Jul 23, 2018 04:05 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Margaret, on having this blog FEATURED in the Old Farts Club group!  

Jul 23, 2018 04:06 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Myrl Jeffcoat Thank you for the feature. I, too, have been in my home for a long time with no plans of moving. I am not going to put myself through the stress of a move. Now with that attitude...how will I ever make it in this RE business?

Jul 23, 2018 05:33 PM