Page 19 - Downsizing
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11.WHERE TO WHEN
Where are you moving once people nervous. People often ask,
your house is sold? "What if I sell my house and then I
can't find something to buy?"
This is probably not the first time
you've heard that question. In fact, Ideally you're able to find something
you've probably already asked you love once your house is under
yourself that question. Because if contract. You may be able to
you're like most people planning on negotiate terms that will give you
selling their house, it's a huge ample time to look for a new home.
concern.
But have a backup plan just in case.
In fact, many people who are Have a plan for where you'll live for a
planning on selling their house are while if you get a great offer but can't
often more concerned with where find a home you want to buy right
they're going than on preparing their away. This could mean living with
house for sale. Unfortunately, this family for a while, or maybe you'd
often leads to them making mistakes prefer finding a short-term rental or
and losing money. hotel.
For instance, they find a home they Again, this isn't to say that you'll need
want to buy and then just throw their to do this, but planning on the "what
current house on the market with if" will put you in a better, stronger
little or no preparation. Or they position as a seller. Being able to say
accept a weak offer because they yes to an offer, when other
don't have a choice. And there are competing sellers may hesitate, can
others who won't even accept the increase your odds of getting your
best offer they'll ever get because house sold before others — and for
they're worried about finding their the best possible price and terms.
next home before accepting an
offer...only to never see as good of an
offer come around again.
The reality is, most people can't buy a
new home without first selling the
house they own. And that can make
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