Upsizing & Downsizing
Buy then sell or sell then buy? Which comes first?
Whether you need more space or less, juggling the sale of a property with the purchase of another can be very stressful, particularly if you don't plan it out properly before signing sale agreements.
The first thing you want to know is how much money you'll really have for the new purchase after all necessary debts, expenses and taxes (if applicable) are paid, so you're clear on how much money you actually have to work with. It's often a good time to clear high interest debt as well.
You may need bridge financing, so it's important to factor that into the budget as well.
We'll create a customized budget for you, showing you how much you'll really have from the sale, how much you'll really need for the new purchase, and what your mortgage options and monthly expenses would be.
Don't rush into a sale agreement blind. Get your budget, so you know what your upper and lower sale prices need to be to make your new dream happen.
It was so great to know how much we needed from the sale to be able to buy our new home.
Molly. R
We needed a bigger place, but had no idea how to go about it. Thank you so much for all your help!!
Liz T.
