Sell and Move Up In the DC Metropolitan Area
Are you planning to move to a bigger home? When selling and moving up in the DC Metropolitan area is done the right way at the right time, you can enjoy your new place for years to come.
When you decide to move into a bigger home, you will inevitably have a two-step process. You will need to have your current home ready to list and in the meanwhile, you should start home hunting for your new home. Planning ahead and timing is crucial for a smooth transaction.
Things have to be tackled one by one. Categorize and prioritize each step of the process. Start by preparing your home to sell before you advance into looking new homes. Most sellers need to close on their existing home in order to be qualified for a new mortgage. Therefore, if you plan and separate selling and buying steps, you will avoid any hurdles during the process of obtaining your loan.
Once your home is ready to sell, you can look for an expert realtor to determine the current market value of your home. You will get to know what factors of current real estate market as well as the condition of your home affect the value of it. If you would like to have no bad surprises during the sales process, it is also highly advised that your home should be inspected by a great home inspector.
Since you need to sell your current home in order to buy a new one as soon as possible, you are considered as a motivated seller. How soon or late you would like to sell will play an important role in determining your home's list price and contingencies in the contract. These steps will make you achieve your ultimate goal of buying a bigger and better home.
Working with a professional real estate agent will not only get you the highest possible price for your home but also it will ease the process leading to a smooth transition.
One of the most important steps to take is to get things started with your lender. Your lender can ask for and prepare your documents contingent on the sales of your existing home. In this way, you will get to know your new mortgage amount which will give you a better sense of what you can afford. Once your allocated budget is shared with your realtor, you will be presented options to choose from. Don't forget to ask your realtor for a referral if you are going to relocate.
Contact me if you would like to get more information about my sell & move up program.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Keller Williams Capital Properties are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2017.
Listing information last updated on September 22nd, 2017 at 10:11am CDT.