Buying and Selling at the Same Time Doesn’t Have to Be Scary

If you’ve been thinking of buying and selling simultaneously, I have a couple options for you to make it an easy transition.


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People often ask, “How do I buy and sell at the same time?” The biggest concern a lot of us have is how exactly to make the move from an old house to a new one. Well, there are a couple of different options which may work for you.

You can buy a new house first before you sell. If you are comfortable doing this and have the financial ability to do so, this could be an option for you. Of course, be aware that there’s a risk you’ll end up with two mortgage payments for longer than you want.

You can also sell your current home first before finding a new house to move into. If you sell your house first you will know exactly how much money you have to buy your new home.

Sellers can live for free in their old home because of the market creating demand for their home.

There have been a number of occasions where we were able to negotiate what is called a ‘rent-back’ for our sellers. A rent-back is where the current homeowners get paid for their home, get cashed out on their equity, and then are able to continue living in the property for an additional 30 days or so past closing. Doing this buys them time to find a replacement property. Essentially, sellers can live for free in their old home because of market demand.

When it comes to making a home purchase, we’re often able to help clients find properties by knocking on doors in the neighborhood they’d like to move to. We can get really targeted and specific about the area in which you’d like to search. By sending out letters and door-knocking in that area we are able to procure options for you.

All of this being said, we would be happy to help you manage your transactions. When it comes to pricing your home effectively to get it sold, we're experts and can help give you some guidance in that to make sure that you're not carrying two mortgages longer than need be.

If you have any additional questions on this topic, please don’t hesitate to call or email. I look forward to speaking with you.

Are Pre-Inspections Worth It for Home Sellers?

As a home seller, should you order a pre-inspection before putting your home on the market?


Want to sell your home? Get a FREE home value report. 

Want to buy a home? Search all homes for sale.

If you are planning on selling your home, should you get a pre-inspection before you put your home on the market? 

There are two different schools of thought on pre-inspections. 

The first is that yes, getting a pre-inspection is a good idea. It will cost $400 to $500, and the home inspector will come up with a list of deficiencies. You can make those repairs or disclose those deficiencies to potential buyers. You have to disclose any deficiencies that you are aware of in your home. 

The other school of thought that I lean toward is that you shouldn’t waste your money doing a pre-inspection. Chances are that you’ll spend that $400 or $500 and when the buyer comes along, they will pay their own inspector to examine the property. They want to make sure that the inspector looks out for their best interest, not your best interest as the seller.

You shouldn’t waste your money on a pre-inspection.

The inspector the buyers hire will look at the inspection that’s already been done and find more repairs. After all, the buyer’s inspector wants to earn their keep, right? Then, you have even more things that you may need to spend money on or repair that might not have been an issue in the first place. 

If you want to net the most money possible on your home sale, I recommend not going the pre-inspection route. 

If you have any other questions about selling your home, just give me a call or send me an email. I would be happy to help you!