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Real Estate Contracts >Selling Before Buying
Timing can sometimes be difficult if you have to sell a home before you can buy another one. Most people need the equity from the sale of their first home for the down payment on the new house. If your present home goes on the market first, you may be concerned that it will sell before you find the one you want to buy. On the other hand, if you find the perfect home before your present home is under contract, the sellers may be reluctant to accept your offer, and you may be too nervous to sign a contract.
It is a good idea to sit down with a good real estate agent for some professional advice before you begin your search. It will probably be necessary to be flexible on the closing date, because it can be easier to find a home that you want to buy than to sell your present home. After finding the house you want, you can ask the lender about arranging a short-term bridge loan that can make the purchase possible before you sell your current residence.
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| Q |
What is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?
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| A |
The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000. |
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Tom and Cheryl Sommers
Edina Realty
7580 160th Street W.
Lakeville, MN. 55044
(952) 994-7204
(952) 997-1854
Fax: (952) 891-7696
Email: tcsommers@NUMBER1EXPERT.com
BUSINESS PHILOSOPHY: To treat each client as you would a friend or family member. Maintain a standard of excellence through honesty and integrity. It is our desire to serve you the client with the highest level of customer service possible.
FOR SELLERS: We have an average list to sale market time of 23 days. On average we get 99% of the listing price for our clients. This is due to an extremely effective marketing campaign and a high level of skillful negotiation. We sell on average 99% of our listings. Please remember the market determines the value of your home not the agent. Choose your listing agent based on the one who can sell your home in the shortest amount of time for the best possible price with the least amount of inconvenience to you and your family. Your bottom line is the most important number of all.
FOR BUYERS: With our complete buyer profile system we will be able to save you time and money. You will not spend your valuable time looking at homes that do not suit your needs. Your time will be spent looking at the best the market has to offer in the areas that you want to live, in your price range with as many amenities that match your criteria. When choosing a buyers agent, base your decision on who will best represent you throughout the transaction.
Tom’s Real Estate License# RA-20375139    
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