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Searching for a new home can be exciting but, at the same time, it can be daunting. Your experience will likely depend on how well prepared you are. To help, we've answered a few questions below. You will also find advice, plus some questions you'll need to answer for yourself as you go along. Please contact us to go over any all all questions.
Buy First or Sell First?
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, real estate professionals advise listing your present home and shopping for your new home simultaneously. Nonetheless, you should talk to your Sales Associate about your personal situation, so you can consider how fast you need to sell and how long you should expect it to take given current market conditions.
If you have very specific criteria – like location, size, views, age, etc. which could lead to a time-consuming home search – you should consider finding and buying a home first before you sell your existing home. If necessary, your offer to buy a home can be contingent on selling yours. On the other hand, if you sell first, you can make your sale dependent on finding a home to buy.
Seasonality can play a role in deciding when to sell – with spring and fall the most popular seasons to put a home on the market. Your Edgington Group Sales Associate can help you consider the effect of other factors like interest rates and consumer confidence in the economy.
Renting?
This may be the the option that best suits your current situation and may present the best financial situation for you and your family at the present time.
You will find that we at The Edgington Group are ready to assist you when searching for your next rental property. By viewing not only our rental listings, but we can assist you in finding rental listings throughout the Henderson and Las Vegas Nevada valley. Please contact us at info@teg702.com or call us at 800-509-5803 to go over your options. We look forward to hearing from you. Contact us today.