Coordinating the sale of your home, in Monmouth or Ocean County NJ or anywhere in the US, with a new home purchase can be tricky and stressful. Whether you buy first and sell later or vice versa, you will find that there are obstacles you may have to overcome. Let’s look at the first option... SELLING YOUR HOME FIRST, BUYING YOUR NEW HOME LATER. Many homeowners often fear that if they sell their home before they are in contract to purchase a new home that they will find themselves stranded with no place to go, or that they will be forced to settle for a home that is not exactly what they had hoped for.
On the flip side, if you try to BUY YOUR NEW HOME FIRST, SELL YOUR HOME LATER, often times, you may find the home that has exactly what you wanted, but those sellers will not be willing to tie up their home to someone that has a home sale contingency. That usually leaves the client in a very frustrated and now in a vulnerable position to potentially sell their home for less than they may have gotten if they sold first, bought later. When your home is already in contract and you now put an offer on the property you wish to purchase, you have much more negotiating strength. You are now considered a serious and qualified buyer as opposed to someone that is not able to follow through with the purchase. As Real Estate Professionals, we completely understand the apprehensions of sellers when it comes to making these types of decisions. The Home Shoppe Group, a team of Realtors in and around the Jersey Shore Real Estate market, has the experience in making your transition as smooth as possible, and can be trusted to make recommendations for your situation that will help you yield the best possible results during negotiations.
While there is no “right” answer when it comes to Sell First vs. Buy First, there are several pros and cons to either way the situation will play out. Your unique situation needs to analyzed by a knowledgeable real estate professional and at that point they can offer you the best possible advice. However, generally, you will find yourself in the best position if you sell first and then buy. Often times the buyer of your home will understand that you need time to find something and will be reasonable in their expectations of closing timeframe. Remember it is ultimately you, the seller, who signs the contract and agrees to the anticipated closing date, so you are usually in the driver’s seat when it comes to that.
Call the Home Shoppe Group for NJMLS Listings in Central NJ including Monmouth and Ocean Counties NJ or Jersey Shore Real Estate. The Home Shoppe Group is a Real Estate business with a team of knowledgeable professionals specializing in every component of a real estate transaction. Whether you are Buying or Selling a Home In Monmouth or Ocean County NJ or the Jersey Shore we can help. We cover all of Central New Jersey with an emphasis on Jersey Shore Real Estate.
Contact the Home Shoppe Group at 732-927-1515 for more NJMLS Listings in Monmouth or Ocean Couty NJ or Jersey Shore Real Estate. Be sure to visit us at http://thehomeshoppegroup.com/