![]() |
HOMEBEST QUEENS and NORTH SHORE BROKER Geoffrey Stevens Realty will SELL your home, condo, or coop
_______________________________________________ Selling and buying a house in today’s real estate market can be challenging due to evolving economic conditions, fluctuating interest rates, and regional market differences. Here’s what you should consider: Market Conditions:
Home Preparation:
Pricing:
Marketing:
Negotiations:
Buying a House Budget and Financing:
Market Research:
Timing: Consider renting or selling your current home before buying to avoid juggling dual mortgages.
Inspections and Appraisals: Don’t skip inspections, even in competitive markets. Hidden issues could cost you more later.
Negotiations:
Tips for Managing Both Transactions: Sell First, Then Buy: This reduces financial risk but may require temporary housing. Buy First, Then Sell: This works well if you qualify for two mortgages or have enough savings for a down payment. Bridge Loans: Short-term loans can help finance a new home before selling your current one. Would you like tips specific to your location or circumstances?
|