Many homeowners ask me whether to buy or sell first. This really depends on each individual's unique situation. Since there is no one size fits all solution, hopefully, I can give you some pointers.
The most stress free solution is to sell your existing home and then purchase your new home. You can wait to get the offer you want and you are not rushed into accepting a lower offer in order to "close" on your new home. This will give you the most negotiating leverage. One of the drawbacks is that you may have to rent for a while which incurs a second move.
Buying first of course allows you to get your dream home the minute it comes on the market. You must be prepared to sometimes accept less for your current home. One last option is to find a renter for your current home and bridge finance your new home.
If you are a homeowner and would like a market evaluation for your current home please feel free to call or email me and I would be happy to oblige.
Sincerely,
Glen Murray
Coldwell Banker Westburn Realty
(604) 220-4291
gmurray@glenmurrayhomes.com
www.glenmurrayhomes.com
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