Trade Up Mistakes and How to Avoid Them When Moving Up to Your Next Home

Trade-Up Mistakes and How to Avoid Them When Moving Up to Your Next Home

The Real Estate Dilemma is TWO-FOLD

  • Need their net proceeds
  • Rendered in a temporary housing situation
  • Needing the Net Proceeds Option

Option 1: Sell the Home!

Option 2: What if You have NOT lined up a Destination? We can put contract protections in place

  • Some home sellers rent a home

Option 3: To make an offer on a home Contingent on Your Home Seller Most risky

  • Puts a ton of pressure on you Low probability of acceptance

Option 4: Special Financing Programs

Option 5: Special Financing Programs – Use the equity in your current home to buy next

  • When you later sell a home, can put equity down on current loan…
  • Without refinancing, Without worrying about rising interest rates

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