We’ve all heard the old saying about being caught between a rock and a hard place. Well, unfortunately, that’s where most homeowners find themselves when they decide to move from one home to another.
REAL ESTATE CATCH 22
You see, if you buy before selling, you run the risk of owning 2 homes. Or, just as bad, if you sell first, you could end up homeless. This is what is known as the Real Estate Catch 22, and for thousands of homeowners, it’s an extremely stressful position they find themselves in.
HOW TO AVOID THE REAL ESTATE CATCH 22
This financial and emotional tightrope is one of many homeowners feel they have to walk alone. However, you should seek out agents offering specialized programs that can eliminate the stress and worry associated with selling and buying another home.
The biggest dilemma when considering purchasing another home is deciding whether to buy first or sell first. Either way is risky because you could end up owning two homes or no home at all. Let’s face it, the real estate market has become a tough environment for buyers and sellers alike. The face is that it’s more difficult to get homes sold today, and therefore it’s essential that real estate agents look for new and innovative ways to meet the demand of the market.
A new and innovative program that some agents offer actually guarantees the sale of your home and takes away all of the worry and stress associated with selling and buying another home.Your agent will prepare a total market analysis including a computerized printout of all comparable home sales and listings in your area.
2.With this information, you and your agent can determine a market value for your home.
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