TIPS FOR BUYING AND SELLING A HOME AT THE SAME TIME
Updated: Mar 27
STEP 1: Talk to your lender. As you
look for a new home, you need to stay in contact with your lender and get prequalified or pre-approved for a new loan and have a clear understanding of your budget. You don't want to waste time looking at homes out of your price range.
You can attempt to qualify for a new loan while carrying your original loan (if you have enough cash) or qualify based on a "pending sale" status. Your current mortgage would not be included; only the new one would be used to determine how much you can borrow. (This is a contingency based on the pending sale of your current home).
STEP 2: Find and work with and experienced Realtor®!
When dealing with 2 properties, it is crucial that everyone stays on top of deadlines and requirements. "MY JOB" would be to ensure that this happens.
Our team has helped numerous families, through a challenging escrow where there are 3 or more parties all trying to coordinate and close on time, with much success.
Experience really does matter!
If you need a referral for an excellent lender I am happy to give a trustworthy recommendation.
I am committed to helping my clients accomplish their real estate goals with sincerity and honesty.
Whether that's buying or selling your home or buying or selling investment properties, I'm here to help. Since joining Troop Real Estate in 1999 ( now Century 21 Everest) I have had the good fortune to help hundreds of people buy and sell real estate in the Greater Los Angeles area.
I pride myself on being knowledgeable with the real estate contracts which helps me to negotiate the best price and terms possible for my clients. I have also worked with large banking institutions to help them sell their inventory so I am very familiar with REOs and other distressed properties.
Helping others achieve their real estate goals and getting our clients top dollar for their property is a job we take very seriously. Being part of a team rather than an individual agent, we're able to provide unmatched service to our clients.
We offer full service with a competent staff to meet all of our client's needs. Our team offers active prospecting for all of our homes for sale, networking with other agents and offices throughout the world, print and internet marketing specialists, contract negotiating specialists to get our clients the best price and terms.
We have extensive experience with all types of Real Estate transactions, including short sales, foreclosures, small businesses, REO's, distressed properties, new construction, senior living, probate and luxury estates- holding the record for the highest price home sold in Ventura County in 2005.