You’re sitting in your front room having a cup of coffee, when it suddenly dawns on you. This house has served its purpose, and you’ve made great memories here. However, you like some of the features that newer homes have and could use more room when entertaining family and friends.
You’re where many move-up sellers have found themselves – it’s time to move on! While some feel it’s quite a challenge, being a seller and buyer at the same time, you’re up to it. Besides, with the following tips in mind, much of the frustration can be eased.
Tips for Move Up Buyers
Get pre-approved. It’s a must for all buyers but more so now. With pre-approval figures, you’ll have a clearer vision of what you can afford.
Can your existing home serve as temporary rental property? Using this strategy, you would be saving yourself from having to pay two mortgages. Once this house is sold, it will be free sailing.
Use an agent with experience on both sides of the transaction. They will foresee many of the problems before they come up and guide you through the temporary bumps along the way.
Keep your goal in mind. When frustrations arise, keep your new Bergen County dream home as your focus. This is why you’re selling, and the end result will be well worth it!
Make a list and double check. You’re moving up, and you want to make sure that this home has all of the features you wanted. You might have to compromise, but you shouldn’t have to make concessions on the majority of your features.
Use agents who are familiar with negotiations. Now, more than ever, you will need someone on your side who is not afraid to roll up their sleeves at the negotiation table. This is especially true because they will need to negotiate on both sides of the table for you. The Adler Team is such a team.
Can you afford it? Be realistic and take off your rose colored glasses. There’s no need to sacrifice, but do the math and make sure that at the end of the day, this is the home you can afford.
Coordinate Closings. Work closely with your agent to ensure a smooth move from your existing home to your new home. This is where our expertise will come into play.
Make the improvements. If your current home needs repairs for it to sell, make the improvements. After all, you want to net the highest price for your home. Home improvements, or the lack thereof, can make or break a deal.
How Can We Help?
Are you planning an upgrade to a newer home? Are you a first time buyer looking for a home in our area? It’s an exciting time in your life, and your Bergen County neighborhood experts are here to support you anyway possible; reach out today. Together we can make your plans to find your new “perfect home” a reality.
