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Answers (4)
Best Answer
- Naima Sumner, "Dallas Ft. Worth PRO"
- Contributions:2847
If you are in a position to sell it, move into temporary housing such as apt or family members, then find a new home, that would be the best scenario. This reason for it is because it makes you a stronger buyer because you won't have a contingency and wouldn't have to pay top dollar for your next home.
The next thing is to keep in mind that it does cost money to sell a house too.
I would suggest getting a market analysis to see how much you can sell it for, how long it may stay on the market, some areas of Cedar Hill could take longer like Lake Ridge. This would give you a better idea of how much money you have to work with for your next move.
The rental market is extremely good too. I can also tell you how much you can rent it for.
If you feel I can help you, please contact me through my profile since Zillow's rules prohibit me from posting my contact information here.
Naima
- Frank & Sharon Alters, "Frank and Sharon"
- Contributions:50
If you are in a position to sell without bringing any money to the closing table, then you should look at what you could gain by buying a home in today's market. Many of our sellers are looking at what they will make up on their purchase to help them with the emotional side of what they are losing on the sale of their home.
This is just general information, but if you share more details with a Realtor® in your local area, then you can really make the best financial decision for you and your family.
Renting is an option if you plan to move again in a year or so, but who knows where interest rates will be then.
You could have your dream home that you will not have to upgrade, for 30-50% less or more depending on your market, than what it would have cost 5 years ago.
This is just general information, but if you share more details with a Realtor® in your local area, then you can really make the best financial decision for you and your family.
Renting is an option if you plan to move again in a year or so, but who knows where interest rates will be then.
You could have your dream home that you will not have to upgrade, for 30-50% less or more depending on your market, than what it would have cost 5 years ago.
- Dave Tracy, "David Tracy"
- Contributions:41
That is a question you have to answer yourself. But ask yourself a few questions.
1. Will I make money on the sale of my house?
2. Will the amount of money I spend on the new house be an upgrade?
3. Need or Want?
That would be the first questions I would ask if we could talk.
1. Will I make money on the sale of my house?
2. Will the amount of money I spend on the new house be an upgrade?
3. Need or Want?
That would be the first questions I would ask if we could talk.
- Julian Shih, "Julian Shih"
- Contributions:14
In order for me to give you an educated answer, I have to know more about your situation. If you don't want to disclose too much information publicly, please contact me directly.
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