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***Should You Buy or Sell First?*** Thinking Of Selling Call Sutton Group First!

You need to sell your home, which means you need to buy a new one...but not before you sell your current one.. which should be first on your 'to do' list?!

This concept is Real Estate's very own "which came first: the chicken or the egg?" question.  v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} b\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);}

If you sell first, you may find yourself under a tight deadline to find another house, or be forced in temporary quarters. If you buy first, you may be saddled with two mortgage payments for at least a couple months. You may need the money from the sale of your
original home in order to pre-qualify for a loan for your new home.

Advantages of Selling First: 
• Selling first can be less stressful; you no longer have the risk of owning (and paying) for two houses
• You now have time to get preapproved for a mortgage, and shop in the price range comfortable for you
• v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} b\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} You can write a contingency contract, but if you really want the home, you’ll pay more of a premium, if the seller will even entertain a contingent offer. If you go ahead with a contingent offer, then you may end up settling for less for the house you’re selling in an effort to get it sold quickly.

Advantages of Buying First:
• If you buy first you have somewhere to go; selling first could mean that the new owners are moving in and you have to pay for accomidations
• Buying first means moving once. If you are required to move out
• Ability to spend more time looking for a home you love

Each person's needs require the individual attention of one of our Sutton Realtors.     
Call us to help guide your desision to your dream home.  905-896-3333     416-896-3333 

In today's competitive marketplace get the edge with Sutton Home Staging.   Free Consultation - Discounts on Home Furnishings.

We'll email you our before and after photos and you be the judge!    Its Dynamic Home Staging on a Dime!

www.SuttonRealty.com for a Free Home Evaluation.

Posted: Sunday, December 18, 2011 10:40 AM by Sutton Realty

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