Do you need to sell your home to buyer your new home

Making a move can be both an exciting and daunting process. It often raises the question: Do you need to sell your home in order to buy your new one? It's a common dilemma faced by many home owners in the real estate world.

Firstly, it's crucial to understand your home's worth. A home valuation gives you an estimate of how much your property is worth in the current market. This is an essential step in the selling process as it helps you set a realistic selling price, providing you with a clearer picture of your financial standing.

If you're planning to sell your home, it's essential to strategize and manage your finances carefully. The equity from your existing home could provide the downpayment for your new home, but timing is key. You don't want to be left in a position where you've purchased a new home but haven’t sold your existing one yet.

This is where planning the transaction comes into play. Coordinating the sale of your current home and the purchase of a new one can be challenging but is not impossible. Many homeowners opt to sell first, moving into a rental or temporary accommodation, which allows them to shop for their new home with their proceeds in the bank. 

One of the many reasons why Dennis and Karen are trusted by their clients is their expertise in locating people from their current home to their new home. They understand that moving to a new home can be challenging, but they are dedicated to helping clients navigate the process with ease. In fact, they have helped numerous clients find their dream home.

Selling your current home, Buying your new home, financing, moving, coordinating timeframes, inspections, appraisals, closing dates, attorneys, title, and scheduling - Sound Stressful, It can be if you need a complete plan.  Sit down with our team, and we will build a plan that will get you from your current home to your new home with the smoothest path possible,  Being licensed realtors in both Indiana and Illinois, we have the knowledge and expertise you need.  Work with one team to make your dreams come true.