A "message" from Message - Must I sell First?
A "message" from Message
Must I sell First?
Homeowners who are considering the sale of their present property and the purchase of another one frequently face the question of whether to "sell first".
To sell first means that by placing your present property on the market, there exists the possibility it will be sold before you select another.
If it is "sold first", what is your position? You will know the exact amount of money the sale of your property will provide, so you have a definite concept of what you have to work with in looking at other properties to buy.
You will know the exact date on which you will have to move out or give up your present property. This puts you in a very strong position. You can then look at properties and make an offer to buy knowing on what date you want to take possession of the new property.
By having already sold your property, you can concentrate your attention on the selection and purchase of a suitable replacement property. You can make an offer to purchase based on facts, although you may also feel a sense of urgency to find what you want.
The answer to the question of whether to "sell first" will depend on your specific situation. Take the time to determine what problems could arise and decide what alternative you have to those problems - there is no general answer.
As a licensed Managing Broker here at Coldwell Banker 1st Pioneer Realty, I know of the many concerns you must have in making that decision. Therefore, we offer to you our full knowledge and co-operation in such decisions at no obligation to you.
Your favourite Realtor
Hugh Message Coldwell Banker 1st Pioneer Realty
22424 Fraser Highway, Langley, BC V3A 8N3
604-551-6584
http://www.whats-my-home-worth.ca/
.