Here are three strategies that can help you buy and sell in our market.
My team and I have had a lot of clients reach out to us lately who are excited to take advantage of these low interest rates we’re seeing. They’re either looking to downsize or (more often) add more space because they’re working from home indefinitely.
Everyone’s situation is unique, and Rachael Richards Realty has helped hundreds of buyers and sellers in this situation.
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This means they need to buy and sell, but they’re concerned that if their current home sells too quickly, they won’t have enough options to choose from to buy their next home. If you find yourself in the same predicament, here are three strategies that might help you:
1. Check with a lender to see if you qualify to purchase a home before your current one sells.
2. Ask the buyer of your home to lease it back to you for a short period. A long close of escrow would work as well. Either way, you get a little breathing room to identify your next home.
3. Look into fully furnished vacation rentals. Due to COVID-19, tourism is down, so this strategy allows you to sell your current home, store all of your belongings, and pack just a suitcase for your temporary stay at a vacation rental.
Everyone’s situation is unique, and Rachael Richards Realty has helped hundreds of buyers and sellers in this situation, so give us a call and we’d be happy to help you too. If you have any other real estate questions, feel free to reach out to us as well. We look forward to hearing from you.
