Before You Put Your Home Up For Sale

Real Estate Agent with RE/MAX Elite 513.520.5305 SAL.2002007747

One step at a timeThere's a whole list of things you can do to get your home ready to sell to give you the best market value and a quicker sale, but this post isn't about that.

Instead, we'd like to discuss two things you need to consider BEFORE you decide to sell your home.


First, and this can be a deal breaker:  how do plan to pay for your next home?  If you're flush with cash, then just skip this step.

But if you plan to finance, you need to find out if you can actually obtain financing for your next home.  The last thing you want to do is have your home on the market, accept a contract and THEN find out you can't purchase another home.  Don't expect the buyers to feel sorry for your predicament, they're planning to buy your home, and if you break the contract you might very well find yourself with some legal problems.

So having that preliminary conversation with a mortgage pro is crucial.  Can you qualify for as much as you think you can?  Or is there an issue with your credit history?  Situations like having a spouse (who had the vast majority of the couple's credit history) pass away might seriously impact the options for the survivor.

The type of loan is important too.  Only qualified for an FHA loan and want a condo?  That loan requirement has often restricted where buyers can purchase.


Secondly, is housing available that you'd want?  It's important to be calibrated to what your dollar gets you.  If you've got a $200,000 budget and $400,000 home taste, we're going to have a problem.

Or is there even anything available to buy at all?  For instance, there might only be a dozen condos for sale in Mason across all price points.  Now if you want a specific subdivision, you might find yourself with one opportunity every 2-3 months.

And if part of your financing contingency is your current home has to be sold to buy, we have a bit more of a tightrope to walk finding a seller in a hot market willing to accept that contingency.


Now you're going into the process with eyes wide open.  You know what you need to do to buy, so if you still want to sell, NOW let's talk about getting your home ready!

Want to discuss further, just call us at 513-520-5305 or email

Serving Greater Cincinnati home buyers and sellers,

Bill & Liz aka BLiz


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Serving Warren County Ohio & Adjacent Areas


The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418


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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Liz and Bill: In our area here in California, you need to consider looking for a home for which you can get fire insurance.  Yes, insurance companies don't like homes with wood shingles, for examples, or built before 1976 (need earthquake retrofits) and things like that. 

Sep 08, 2019 06:15 PM #1
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Great points as usual Liz and Bill Spear also, always list using your Realtor and the MLS. Why, MLS also can mean "More Lucrative Sale" putting your home in front of as many buyers as possible. Jeff

Sep 08, 2019 06:46 PM #2
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Liz and Bill Spear very good report about before putting a home up for sale.

Sep 08, 2019 09:18 PM #3
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

You bring out two considerations that the Homeowner should take the steps to clear as part of the decision process about whether it’s time to sell or not.  Excellent post!

Sep 08, 2019 09:31 PM #4
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Liz and Bill - eliminating or minimizing problems while taking advantage of opportunities and utilizing proper planning/preparation goes a long way in creating/enhancing happiness.  In real estate selling/buying and in life.  

Sep 09, 2019 06:35 AM #5
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Bill- very good points. It won't do any good to start looking for a house if you won't be able to get financing. And you'll set yourself up for a huge disappointment if what is in your budget isn't what you want. 

Sep 09, 2019 09:38 AM #6
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Liz and Bill Spear

RE/MAX Elite Warren County OH (Cincinnati/Dayton)
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