Quick Tips
Questions Homeowners Ask Most
Q: Do I need to sell my current home before buying my next one?
A: Not necessarily. You have options: you can sell first, buy first, or coordinate both at the same time. Each path has pros and cons depending on timing, financing, and your comfort level. The key is planning early so you avoid rushed decisions and costly mistakes.
Q: How can I know what I’ll actually walk away with after selling my home?
A: We calculate your net proceeds by factoring in mortgage payoff, closing costs, repairs, seller concessions, and staging or prep costs. This gives you a realistic number to plan your next move, instead of guessing based on market assumptions.
Q: Can I afford a new home if my current home hasn’t sold yet?
A: It depends on your financing options. Bridge loans, contingencies, and strategic timing can make it possible, but careful planning is critical. We review your numbers so you know your options without overextending financially.
Q: What’s the most common mistake people make when trying to sell and buy at the same time?
A: Being impulsive—either listing too high, buying before knowing what you’ll net, or not asking questions early. These decisions can cost tens of thousands or create stress that could have been avoided with guidance.
Q: Do I need to make repairs or updates before selling?
A: Only what is necessary to meet market standards or avoid inspection issues. Over-updating often doesn’t increase your net proceeds enough to justify the cost. We help you prioritize what truly matters.
Q: How long does it usually take to sell and buy simultaneously?
A: Timing varies by market and price point. Coordinating both transactions carefully can minimize overlap stress, but unexpected delays happen. We map out timelines and contingencies so you can plan confidently.
Q: Should I consider renting out my current home if I haven’t found a new one yet?
A: Sometimes that’s a solution, but it’s not right for everyone. We help you weigh the financial impact, management responsibilities, and market conditions so you can make an informed decision.
Q: How can I avoid losing money when making an offer on a new home?
A: By understanding your net proceeds, market conditions, and negotiation strategy. Jumping into a new home without this knowledge often leads to overpaying or losing leverage in the sale of your current home.
Reserve Your Free Class