Lexington 8/7/2015 1:05:00 AM
News / Real Estate
Do Not be Afraid to Simultaneously Buy and Sell in Lexington, South Carolina with The Padalino and Guram Team
In a perfect world, buying and selling a home in Lexington South Carolina at the same time would be like clockwork. Unfortunately, this is not a perfect world and often things can fall through, and that is why you need experienced Realtors on your side that can coach you on what to do next. Typically, the biggest pitfall that people run into is financing. The trick is to have a plan and to be prepared for when things do happen, not if. That is where The Padalino and Guram Team come into play.
The safest plan is to try to sell first and then buy. Although this requires multiple moves as well as selling your home before looking for a new one, you can do this comfortably by renting storage space for your property and acquiring temporary living arrangements while things are being sorted out. The big advantage to this plan is the knowledge of a solid budget for your home search. Second, without a new home to fall back into, you are less likely to drop your price or take the first offer you get.
One issue you may face with this method is that you cannot be sure how long it is going to take to find a new home. The Buy First, Then Sell method takes care of this problem and minimizes the disruption as you can move into your new home at anytime and take time preparing and selling your old home for the best price. Unfortunately, this method can be very risky if you owe money on your home and therefore should be reserved for those who have paid off their home.
To reiterate, make sure that you have a plan in case something falls through on either the purchase or the sale of your current home. This is why the Padalino and Guram Team is here, to help guide you through buying and selling homes in Lexington, South Carolina. Call The Padalino and Guram Team at 803 575 0595 or email us at info@yourworldrealestate.com
