WHAT SHOULD I DO IF I WANT TO BUY
AND SELL AT THE SAME TIME?
If you have a house and want to sell and also want to use
the gains from the sell into the purchase of another property, you need to know
the correct steps to accomplish this, do you buy first and then sell? or the
other way around? The answer really varies depending on your needs. Usually most
real estate professionals will advise you to do both at the same time. Although,
this depends on the state of the market and the individual needs and how
flexible you are. In a strong real estate market, a property may be sold in 7
days, but in a weak market it may take one month or maybe more. Our agents can
discuss this with you and will advice you based on the market, your needs and
wants and will provide you with the best solution.
DO YOU WANT TO BUY A HOUSE AS AN INVESTMENT?
What to do?
Can you buy a house without selling your current one? There
are many options and this can also be based on your needs. If you want to
take advantage of the market, you could get cash from your
current property by refinancing and putting this money into a new property; with
this cash in hand you can buy a better interest rate on the new house.
On a different scenario, if you want to buy a second
property without investing on a down payment, you would have to buy a property
of more value than your current one, move there and rent your current
one.
There will always be options. Contact us by phone or our
e-mail. One of our agents will contact you and will help you find the best
alternative.
10203 Burke Chase Ct. Fairfax, VA 22032
Office: 703-931-5146