Coldwell Banker Town & Country - Annette Hibbler

Both! I work with homeowners selling their current residence and need to purchase another.

In today's crazy market, it's not uncommon to have your current residence under contract before you've secured a new residence for purchase. There are some preventative measures you can take depending on your financial circumstances. For instance, we can give you extra time after closing (2-4 weeks) written in the purchase contract. Many home buyers are willing to give sellers that extra time. Another scenario would be to consider placing your possessions in short term storage (approx. $230/mo for 10'x30' enough for 3-4 bed house) and finding temporary short term rental (up to 6 months) until you close on your new home.

Absolutely! I keep an updated list of excellent, qualified lenders that I've worked with in the past. Each of these lenders were communicative and cooperative with all parties. I share this list with all of my clients.

I'm not going to lie...it's a tough market for home buyers. Lack of housing on the market and low interest rates are forcing buyers into frequent bidding wars. There are some tactics you can take and I share them with my home buying clients in order to give them an competitive edge. Before you consider entering the home buying market, make sure you have a solid Pre-Approval letter from your lending institution and that you know exactly what your highest price point is. Chances are likely, you'll be bidding at the top of your price range. Be patient and persistent. Losing bids can be frustrating but you will eventually win a bid, just don't give up. Lastly, make sure your Realtor stays on top of Coming Soon listings. Sometimes, I can get my buyers in to view these homes prior to it going live. You need a pro-active agent in today's crazy market. Give me a call and let's talk about your plans and timing.

That choice is up to you. However, if the purchase of your new digs is reliant on the sale of your existing home, you'll be placing yourself in a very weak position indeed. Competition for homes is hot and heavy right now. Submitting a purchase offer that's contingent on the sale of your existing home, will more than likely be disregarded by homeowners receiving multiple offers with no contingencies at all. Many homeowners are selling for top dollar and as such, they are often willing to find short term accommodations which gives them time to find their new residence.

Due to the low supply of houses for sale, many homes are now being offered in an auction-like atmosphere in which the highest bidder wins the home. Reasons To Sell: - Very low competition - Approx 3-4 Purchase Offers per house - Homes for sale in high demand - Cash in on your home's equity The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently reported in rising interest among homeowners who say it’s a good time to sell a home is up from 61% to 67%. Doug Duncan, Senior VP & Chief Economist at Fannie Mae, stated "Consumer positivity regarding home-selling conditions nearly matched its all-time high.” What does this mean? More homeowners will be entering the market in the next six months. If you're thinking of selling your home and want the best chance for "highest and best" offers, don’t wait for more competition to pop up in your neighborhood.