Strategy to house hunt when you want to "move on up".

By
Real Estate Broker/Owner CA#01772851 HI#RB21268

Want to buy a bigger house? Don't want to spend any more money on the one you have now because, you know it, unless you add more square footage, there is very little chance of it bringing in more at the closing table.

I've seen people spend all kinds of money in their home, but is it really worth it?

A client of mine decided that what she really needed was more space, so we are going house hunting today.

Let's say she finds one today that she really wants, what about her current home? The last thing she wants to do is to buy another one when she is already paying a mortgage on the one she has.

You might say that she should wait, sell her house first, and then go looking.

However, prices are going up and the last thing she wants to do is rent while she is looking.

She is also seeing homes on the market right now that she likes, and there is no guarantee that they or others as nice will be on the market when she's actively looking.

SO WE ARE DOING THE FOLLOWING:

1. Putting her home on the market at a price that will appraise.

2. Contacting a whole bunch of potential buyers who might be interested.

3. Getting it in escrow with a longer closing date--if that becomes necessary.

4. Looking for a home with the intention of buying one of the ones available now and getting it in escrow.

5. Working towards a simultaneous closing.

LET'S SEE WHAT HAPPENS TODAY.

Posted by

Hella Rothwell at Carmel Beach during Concours WeekCarmel-by-the-Sea Beach and Pebble Beach Golf Course California

Whether buying or selling oceanfront, oceanview, commercial or any type of real estate in Carmel, Pebble Beach, Pacific Grove, Monterey, Carmel Valley and Big Sur, I can help you. Call me and let's meet in my Carmel-by-the-Sea office in Su Vecino Court on Dolores between 5th & 6th.

Or we can just chat on the phone to discuss your real estate needs.

Are you out of the area? No problem, I often never even meet my clients. The whole transaction is handled long distance.

As an independent real estate broker licensed in California and Hawaii, I can represent you with residential real estate, commercial properties & investment opportunities.

For more information

www.HellaRothwell.com & www.RothwellRealty.com

& www.HellaHawaii.com

Member: National Association of REALTORS, California Association of REALTORS, Hawaii Association of REALTORS, Del Norte Association of REALTORS, Honolulu Board of REALTORS. Also MLS Listings in California.

 ________________________________________________________________

Hella Mitschke Rothwell (R)

Real Estate Broker/Owner/Realtor®
Licensed in California #01772851 & Hawaii #RB-21268

Tel. 831-626-4000 

Fax 1-877-822-9332

ROTHWELL REALTY INC.: Su Vecino Court, Lincoln & Dolores between 5th & 6th, Carmel-by-the-Sea, CA 93921

 

MAILING: P.O. Box 4554, Carmel-by-the-Sea, CA 93921

 
Email: HellaRothwell@gmail.com


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Debbie Reynolds
Platinum Properties - Clarksville, TN
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That is a good strategy and I am doing pretty much the same with a client I am working this week. She has found the condo she wants and doesn't want to lose it. We hope we can have her old home in escrow by the end of August but have a backup plan just in case.

Jul 30, 2016 11:47 AM #1
Rainmaker
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Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I work with buyers like that too. No matter how many times you tell them the reasons to sell and then buy, and no matter how many times they say, yes, yes, you are right, they still go out and fall in love with a home before theirs is on the market, which makes getting an offer accepted for them even more difficult. But somehow, we always make it work.

Jul 31, 2016 09:32 AM #2
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Hella M. Rothwell, Broker/Realtor®

Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea
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