Andrew & Associates

Andrew And Associates

Moving to a Larger Home?

Avoid These Mistakes!

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Buying a new larger home is different from buying your first home. There are several factors that you must consider. Carefully evaluating these factors, before listing your current home for sale, can same you a lot of time and headache.

Timing the Selling Your Home.

There are two things you must be concerned about when selling your home. Financing is one issue. You must be careful to avoid putting yourself into a financial bind by paying on two homes at the same time. The second potential problem is having no place to live during the gap between closings.

Distinguishing Needs and Wants

Everyone dreams of moving up to a larger home and a better lifestyle. However, there is sometimes a discrepancy between our wants and our bank account. Too often, you drive by a home and fall in love with it only to find out it is already sold or costs too much. You need to avoid the hit or miss strategy when searching for a larger home. To avoid the potential pitfalls, you need the help of a competent real estate agent. He/she will discuss the sale of your present home and the things you need to do to get it ready for sale. This will give you an idea of how much money you may receive from the sale. In turn, this will give you a good idea on what you can afford to spend on that new larger home. Once you've done a little homework, look at a few homes to get an idea of what is available in your price range. Then, when you are ready to buy, you can move quickly.

Getting Top Dollar from Your Current Home

In order to get the maximum value from your current home sale, spend a little time and money. It will repay you many times over. You don't have to spend a lot of money. For example, you can paint and make minor repairs quickly and easily before you put your home on the market. This will help you get top dollar for your home.

Normally, you should sell your home before you buy. This gives you a couple of advantages. First, you won't have the pressure of reduce the price for your home when negotiation time comes. Second, there will be no strings attached when you make an offer on a new home. This puts you in the drives seat. If you're in a slow market and homes are not selling fast, you could rent or lease your home for a period of time and put it on the market at a later time. Talk to your tax accountant for your best options.

Get Pre-approved for a Loan

It doesn't cost you anything except a little time to get pre-approved for a loan before you begin the buying process. This will give you an advantage in being able to close quicker. You'll also look better in the eyes of the seller.

When you're both selling and buying a home, the chances for problems dramatically increase. Avoid these problems by working very closely with a competent real estate agent.

Choosing your Agent wisely.

Any agent will show enthusiasm and will want to list your house for sale but choose your agent based upon

1. Experience at listing and marketing houses for sale.

2. Ability to use technology to market your house world wide to buyers 24/7.

3. Reviewing with you a comprehensive Marketing Analysis of home sales in your area.

4. Ability to offer a written detailed 30-DAY MARKETING PLAN that will get your house sold at the highest possible price.

Working with a full-time professional real estate agent is a must. Choose your agent by asking questions of them. Find out how knowledgeable they are about houses currently for sale in your price range and also of houses that have recently sold. Can your agent recommend a good lender that has the reputation of excellent customer service and low rates to assist your new buyer with financing? A good listing agent can get your house sold quickly at Top Dollar and help you that new larger home.

Do you have questions or need advice you can count on or just want to discuss this further?

Don’t waste any more time; pick up the phone and call me now!  I’m here to help!

I offer a five star guarantee. I appreciate your business, loyalty, trust and referrals. My goal is to provide the very best counsel and advice to meet your real estate needs. If I can assist you, a relative, friend or co-worker, please give me a call. I look forward to the opportunity to serve you.

For prompt, courteous, professional service, call Larry Andrew: