How do you buy a house when you have a house to sell?
I have a feeling your going to tell us.
I think I will!
If your looking for a house your in one of three categories…
One is, you have no contingencies, meaning you don’t have a house, your qualified, and your ready to go when you find the right place.
So, your like leasing, or moving from out of town, or I guess leasing either way. Or your living with mom.
Exactly. Or you sold your house from out of town and your moving here and your ready to rock and roll.
That’s the ideal situation to be in to get the best house the day it comes on the market.
The second bucket would be you have a house to sell, and it’s not listed yet. So you got to…
So how would a seller feel if you were trying to buy a house and you would need to sell your house but it’s not listed.
Well if they have another cash offer sitting there waiting, I don’t know how good yours is gonna look.
Right, this is definitely a fight that we have fought and will fight for people but from the sellers point of view when they receive an offer, they look at the quality of offers, and a contingent home is lower than someone that doesn’t have a contingency or someone that’s buying cash, um so…
Because there’s more risk in case something were to fall through on the other deal.
And the third one is, you are looking to buy a home, you have a house to sell that is already listed.
And it may already be sold. Right? Because that’s the best situation if your gonna do a contingency that you’ve already listed your house, it’s under contract, we try and get you a long escrow period so that we can look for houses during that timeframe, and its pretty easy because your house just has to close, not sell and go through inspection and all that stuff.
So, the bottom line is all three of those scenarios can be handled and will be handled well with the Sibbach Team, we’ll walk you through the steps you need to take to improve your chances you get the house you want.
What Ashley’s saying is we lay out a plan of attack from beginning to end, right, you get to choose what you want to do but we lay out the risks and the rewards of whatever category you fall in but just so you know up front what your going to encounter.
Awesome stuff. Thanks Ash.
We’ll see you soon.