| This is the first
in a series of tips on buying and selling real estate: Which comes first - the purchase or the sale - is the greatest dilemma facing homeowners planning a move-up. If you choose to buy first, make sure the offer to purchase is conditional on selling your current house. That way, if you sell your house, both deals proceed; if not, the deal is off, and you won't be stuck with two homes. Selling first, though, will give you considerable peace of mind. Knowing how much money you'll get on the sale will help you establish a price range for a new home. And selling first allows you to negotiate the purchase more vigorously, too, since unconditional offers carry a lot more weight with sellers. Market conditions are another important consideration in deciding which route to follow. In a seller's market, you'll probably do better selling after you've bought. But in a buyer's market, it makes more sense to sell first, and then buy. Tip No. 2: The Advantages Of A Resale Home Tip No. 3: The Marketing Plan Tip No. 4: Getting Interest On Your Deposit Tip No. 5: What Are The "Usual Adjustments"? Tip No. 6: Insuring Your Mortgage Tip No. 7: Home Insurance Tip No. 8: Choosing A Lawyer Tip No. 9: The Offer To Purchase Tip No. 10: Home Inspections Tip No. 11: Surveys Tip No. 12: The Counter Offer Tip No. 13: Conditional Offers Tip No. 14: Why Buy A Brand New Home? Tip No. 15: Deposits - A Vital Part Of Every Deal
|
