Selling Your Charlotte Home Despite the Chicken-Egg Dilemma

By
Real Estate Broker/Owner with One Home Team Realty/Charlotte,NC 704-293-3931 246546

Sellers market

 

Especially when the market is moving briskly, selling your Charlotte home can put you up against a chicken-egg quandary. “Which came first?” is as unanswerable today as when we argued about in the second grade—yet when a key decision about selling your home depends on answering a similar puzzler, it’s anything but whimsical.

The metaphor is almost exact. If you know you will be buying a new house but haven’t yet sold your current Charlotte home, which comes first?

As for the new purchase, the universally agreed upon best practice for house-hunting is to be able to produce a lender’s preapproval for X dollars.

So selling your Charlotte home has to come first, right?

But if you need to have sold your home before you get serious about finding a new one—what if the tight market means it may take a while to find the right home at the price you’re looking for? Selling your current home usually means committing to moving out at a date that’s fast approaching!

So that means locking up the new home comes first, right?

The answer is to have faith that—unlike the chicken-egg riddle—generations of Charlotte buyers and sellers have successfully solved the dilemma. It involves a number of working parts including the particulars of your current financial profile, a formulation of the post-sale net proceeds, and a properly constructed pre-approval letter that will be contingent on the successful closing.

Although you could put all those parts together yourself, that’s hardly necessary. It’s a piece of cake once you’ve enlisted the services of the Charlotte professionals who deal with these issues all the time: a team including your knowledgeable Charlotte Realtor® and an experienced local mortgage professional. Call me whenever you need to solve any similar Charlotte real estate dilemma. I’ll be at your side to help protect something else: your nest egg!

Posted by

Wayne Bennett - Broker Owner / Realtor ® GRI, ABR, e-PRO, SFR, CDPE

Licensed in NC & SC

One Home Team Realty

O: 704.218.2064

C: 704.293.3931

F: 704.749.2030

 

http://www.CharlotteNCAreaHomeSearch.com

http://www.CharlottePropertySource.com

 

                  

 

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
North Carolina Mecklenburg County
Tags:
charlotte real estate
charlotte realtor
charlotte home
charlotte buyers and sellers
selling your charlotte home

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
209,975

Wayne Bennett

Real Estate...As It Should Be
Ask me a question
*
*
*
*
Spam prevention