My phone rang and a former homebuyer asked "How can I sell my current home while simultaneously buying a new one?" This young couple has lived in their Brandon MS home for three years and now wants to move to a larger home with a shorter commute.
Rather than jump in the car and start looking at homes, I explained the process to my client. My first suggestion was to redirect them to their lender (who provided excellent service when they purchased their first home) to determine what price range they would now qualify for, factoring in increased wages, current financial obligations, etc.
My next course of action is to take a look at the value of their current home and determine the amount of equity they would have upon selling.
After talking to their lender and preparing a market analysis, if the numbers work, we will begin the process of placing their current home on the market while shopping for their next home.
I explained that buying and selling simultaneously is challenging, but it CAN be done. It is a PROCESS and this couple is asking all the right questions. I appreciate clients who ask for my help, trust me to explain the process and then follow the correct approach.
My clients rock!
Repeat satisfied clients are the cornerstone of my business.
If you are in the market for a new or resale home in the Brandon, Pearl, Reservoir, and Flowood area, it would be my pleasure to assist you.
Written and Published by Pat Starnes REALTOR
Pat specializes in Residential and New Home Sales
Primary Service Area:
Brandon, Pearl, Ridgeland, Flowood, Madison and the Ross Barnett Reservoir area
Pat Starnes, Broker Associate
Front Gate Real Estate, 6700 Old Canton Rd., Suite C
Ridgeland, MS 39157
601-991-2900 - Office
601-278-4513 - Cell
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Are you looking to buy or sell a home in the Brandon MS market? Call me!