Navigating the Buy Before You Sell Strategy
Navigating the real estate market can be a complex and daunting task, especially when considering the prospect of buying a new home before selling your current one. Tiffany Griffin, a seasoned real estate agent based in Arizona, offers invaluable insights and assistance through HomeLight's Buy Before You Sell Program. This strategy presents a unique approach, allowing homeowners to transition seamlessly into their next residence without the immediate pressure of selling their existing property.
Advantages of Purchasing Before Selling
The benefits of buying a home before selling are numerous. Primarily, it grants the buyer the freedom to make an offer on their dream home without a home sale contingency. This is particularly advantageous in competitive markets where such contingencies can weaken an offer. Additionally, it eliminates the need for temporary housing between homes, offering a direct transition from one property to the next.
According to HomeLight's Top Agent Insights for Summer 2023, 49% of repeat buyers require equity from their existing homes to fund their next purchase. As estimated by agents, removing the home sale contingency can save the buyer up to 17% of the home's sale price, highlighting the financial savvy of this approach.
HomeLight’s Buy Before You Sell Program: A Summary
HomeLight's innovative program facilitates this process in three pivotal steps:
Unlocking Equity: HomeLight Home Loans, Inc. evaluates your property and unlocks a portion of your equity to fund your new home purchase.
Confident Purchasing: You can make a strong offer on your new home without the need for a home sale contingency, thus avoiding the inconvenience of moving twice.
Peaceful Selling: Once you've moved, your agent, Tiffany Griffin, will list your now vacant home, attracting the strongest offers possible.
Given high competition and real estate prices, 71% of agents advocate using unlocked equity for down payments, further emphasizing the program's relevance.
Navigating the Process with Expert Guidance
With the expertise of an agent like Tiffany Griffin, navigating this process becomes streamlined and stress-free. Tiffany's role is pivotal in:
Equity Assessment: Utilizing tools like the equity calculator to determine how much equity can be unlocked from your current home.
Strategic Listing: Crafting a strategic plan to sell your current home efficiently and lucratively after your move.
Expert Negotiation: Ensuring you make a competitive, compelling offer on your new home.
Get started today: https://agent.homelight.com/BuyBeforeYouSell-Tiffany-Griffin
A Path to Your Dream Home
In conclusion, buying a new home before selling the current one, facilitated by HomeLight's program and the expertise of agents like Tiffany Griffin, provides a strategic, financially savvy, and less stressful path to acquiring your dream home. This approach aligns with the current real estate trends and offers a practical solution in a seller's market.
For more information on how Tiffany Griffin can assist you in this journey, visit her HomeLight Buy Before You Sell Page