Posted by Matt Curtis on Monday, April 11th, 2022 12:13pm.
A lot of home sellers have been hesitant to put a ‘For Sale’ sign up in the fear of what's on the other side of selling, and that is buying a new home. It's no secret that lack of inventory in the Huntsville real estate market has kept a lot of home sellers on the sidelines.
This is a direct result of sellers being fearful that they will have to make a double move and will potentially have to rent an apartment if they are unable to secure a new home after theirs sells. We've heard horror stories from sellers who sold their home quickly but were unable to find their next home because their agent did not advise them on creating a winning strategy on how to buy and sell at the same time.
While this is creating uncertainty for many sellers, rising interest rates and fewer COVID restrictions are persuading many sellers to get off the fence and move forward with their plan. To sell and ultimately buy another home in Huntsville. This hesitation of selling without a place to live does not have to stop you from capitalizing on historic appreciation.
We came up with the Buy Before You Sell program for just this situation. Through this program, we have three ways to help you time the purchase of your new home with the sale of your existing home and avoid three obstacles to selling. The first option is a cash offer program. Through this program, you'll be empowered to purchase your new home with cash and lease it back until your existing home sales. The second option allows you to take out a home equity line of credit or a bridge loan so that you can capitalize on the equity of your existing home for the down payment on your new one.
Lastly, is a lease back option. This is the most popular option and allows you to free up your equity in your home and stay in your current home while you shop and close on your new home. With our buy before you sell program, you can avoid a double move and cash out on your equity on your existing home with confidence
Contact Matt Curtis Real Estate today by calling 256-270-9393 or by contacting us.