| Buy First or Sell First? |
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While the answer to this basic question is as individual as you are, here are some things to consider. Generally speaking, under most market conditions, we advise listing your present home and shopping for your new home simultaneously. Nonetheless, we would talk about your individual situation, so you can consider how fast you need to sell and how long you should expect it to take in the current market conditions. If you have very specific criteria – like location, size, views, age etc. which could lead to a time-consuming home search – should might want to consider buying a home first before you sell your existing home. If necessary, your offer to buy a home could be conditional on you being able to sell your existing home. On the other hand, if you sell first, you could consider making your sale conditional on you being able to secure the purchase of a new home. The seasons of the year can play a role in deciding when to sell – with spring and early fall being the most popular seasons to put a home on the market. We can help you consider the effect of other factors like interest rates, market trends, and consumer confidence in the economy. |
Dan: (403) 802-2020 | Fax: (403) 518-1011 |