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What should you do first Buy or sell?

By
Real Estate Agent with Better Homes and Gardens Rand Realty

For homeowners aiming to sell their home and buy another, it's the classic real estate question - buy or sell first?

If you sell first, you may find yourself under a tight deadline to find another house, or be forced in temporary quarters. If you buy first, you may be saddled with two mortgage payments for at least a couple months. You may need the money from the sale of your original home in order to pre-qualify for a loan Click now to downloadfor your new home. You may be facing a job relocation and need to sell quickly.

There are many variables involved; there is no universal correct answer. It basically comes down to your specific circumstances.
If you already own a home, you're probably struggling with this basic question: what do I do first, buy the home that I want or sell my existing home? And the answer is as individual as you are. Generally, most real estate professionals would advise you to list your present home and shop for your new home simultaneously. However, depending on the market and/or your individual needs, you may want to consider an alternative. In a very robust real estate market, a home could sell within a few days of listing. So if you have very specific criteria for your new home with regard to location, size, views, age, etc., in a competitive market you may want to begin searching for and buying that home first before you sell your existing home. As your Real Estate Sales Associate I will discuss with you fully your individual needs and circumstances to help you find the right solution. My neighborhood knowledge can work for you. Invite me in. I'll bring results.

Anthony Stokes Pereira, Better Homes and Gardens Rand Realty

I can help you with every aspect of buying or selling your home because I'm experienced, because I am a Better Homes and Gardens Rand Realty Real Estate Professional . . .and because I care.   

As your Better Homes and Gardens Rand Realty Sales Professional, I will provide you with the information you need to make an educated decision.

The relationship between a home buyer or seller and their agent is based on trust, shared goals and understanding.  I strive to continually improve and to do this I listen and take the needs and wants into consideration.

For assistance with any of your real estate needs, please contact me, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation - just a friendly conversation. I would welcome the opportunity to make a difference for you. 

Anthony Stokes Pereira
Office: (845) 770-2188
Cell: (845) 538-7021
Fax: (845) 624-7137
Email: anthony.stokespereira@randrealty.com
www.anthonystokespereira.com

Laurie Mindnich
Centennial, CO
Anthony- it often depends on the temperment, and urgency, of the seller. If you're not a gambler, sell your house and then find another.  If you have enough room in your equity, go out and find your dream home and buy it, knowing that you'll be able to negotiate enough to get your own home sold.
May 21, 2007 06:34 AM