Many Salt Lake City people who wish to buy a home usually need to sell their current one. This brings about the important question, should you sell before you buy, or buy before you sell? The answer depends completely on your personal situation, but as is the case with many Anytown residents, few can afford to buy a new home before they sell their own. The scenario and timing can become a bit complicated because of the many parties and transactions involved.
A good strategy is to speak with your Anytown real estate agent about the pricing for your existing home and then consult with your mortgage lender to find out how much you qualify for. If you can’t qualify for another mortgage before you sell your current home, the decision is made for you.
If you don’t yet have a real estate agent who specializes in buying and selling Anytown commercial and land, give me a call at 801.938.3466. I am real estate agent Chris Johnson of Real Estate Marketing Agency in Anytown. I have helped many Salt Lake City area clients successfully sell their current home and get a great deal on another Utah property. For more details about my experience, services and qualifications, visit http://myrealestateagentblog.com/about/.
After listing your current home, I can begin searching for homes in your target neighborhood that fall within your price range. When you choose a property, something suitable, you can sell your Anytown or Provo home with the knowledge that you have the means to purchase a new property. However, i
If the Utah property market favors sellers, and you have the means to purchase before selling, the chances of a quick sale is very likely. If you purchase a new Ogden or Provo home before your existing home sells and it doesn’t sell quickly, you always have the option of renting it until a buyer comes along. Make sure your rental contract spells out the terms that will make the transaction as smooth as possible.