Alicia Terry Real Estate

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Do I need to sell my house before I buy a new one?

SPEAK TO A LENDER

If you’re buying a new home, a lender will help in determining what options are best for you. I’m happy to provide you with a list of my recommended lender referrals to help you get started and learn what options are best for you. Programs like: Bridge Loan, Home Equity Line of Credit and 80/10/10 financing (80% financed mortgage, 10% down payment, and a 10% second mortgage) are a few options to transition into a new home.

MOVE BEFORE SELLING

If you can buy or move out before selling you will be in the ideal situation for selling. Move into your next property and hand your old keys over to me. I’ll manage the process of getting your house beautifully prepared for the market.

SELL BEFORE BUYING

If you need to sell before you buy or move, we’ll talk through your different options. Most often this means shopping for properties before you put your home on the market so you are prepared to make a move as soon as your current property closes. Short term rentals are available through sites like Airbnb and VRBO.

VACATE AND LEAVE THE WORK TO MY TEAM

Regardless of the order of events, the ideal situation when you list your home is for the property to be vacant during preparation. Hand over the keys and I’ll bring in my team of contractors, painters, stagers, and everyone necessary to get your property ready.