Maggie Titus | January 24, 2024
In the dynamic world of real estate, timing is crucial. One of the strategic decisions facing homeowners is whether to buy a new property before selling their existing one. This approach, often seen in California's competitive market, can offer several advantages but also has unique challenges. As a real estate agent, I guide you through this process, ensuring a smooth transition from your home to your dream property.
Navigating this process requires careful planning and strategic financial management. Tools like the mortgage calculator from the California Association of Realtors® (CAR) and Rocket Mortgage's interactive budgeting tool are invaluable for understanding your financial position.
When considering bridge loans, as discussed in Forbes' "Navigating Bridge Loans in a Competitive California Market," it's essential to understand their mechanics, eligibility, and risks. Bridge loans can offer a temporary financial cushion but have specific requirements and costs.
For a smooth "buy-before-sell" process, getting pre-approved, as advised by CAR, is crucial. This step positions you as a serious buyer and speeds up purchasing.
As your agent, I, Marni Jimenez, am here to assist you through every step of this journey. My expertise in California's real estate market and access to resources like HomeLight's Buy Before You Sell Program ensure you're well-equipped to make informed decisions. To learn more about how I can assist you, visit my HomeLight Buy Before You Sell Page.
Buying before selling offers a strategic edge in California's real estate market, especially given the state's competitive nature and rapid sales pace. Homeowners can navigate this process successfully with proper financial planning, an understanding of available tools and programs, and professional guidance. Start by exploring your options and planning your strategy with an experienced agent like myself. Check out my Agent's HomeLight Buy Before You Sell Page for more information.
You’ve got questions and we can’t wait to answer them.