Barb Schlinker The Real Estate Voice

Trade Up Mistakes and How to Avoid Them When Moving Up to Your Next Home

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Trade Up Mistakes and How to Avoid Them When Moving Up to Your Next HomeSegment 3Trade Up Mistakes and How to Avoid Them When Moving Up to Your Next HomeThe Real Estate Dilemma is TWO FOLDNeed their net proceedsRendered in a temporary housing situationNeeding the Net ProceedsOption 1: Sell the Home!Option 2: What if the You have NOT lined up a Destination?We can put contract protections in place Some home sellers rent a home Option 3: To make an offer on a home Contingent on Your Home Seller Most riskyPuts a ton of pressure on youLow probability of acceptanceOption 4: Special Financing Programs Option 4: Special Financing Programs – Use the equity in your current home to buy nextWhen you later sell home, can put equity down on current loan…Without refinancingWithout worrying about rising interest rates