Are you wondering how to juggle a home purchase and the sale of your current property? You’re not alone. In fact, we so frequently hear these concerns from our clients that we thought it was time to offer a crash course on the topic. Please join us on Wednesday, April 18, 2018, at 8 pm at the Chevy Chase Compass office (details here). Note: This is not a first-time buyer seminar.
The biggest challenge for most move-up (and some move-down) buyers is the issue of financing. Getting a second mortgage is often out of the question. We asked Seth Opert from First Savings Mortgage to be our special guest speaker and give a detailed overview of financing and bridging options for those moving from one home to the next.
We will take questions throughout and will add our own thoughts on coordinating your move, getting your home ready for the market, competitive bidding situations and on the differences between local submarkets.
You will find some of the questions we will cover in the poster below (Should I sell first? Buy first? Make my offer contingent on the sale of the old house? Risk having two mortgages? Would I even qualify? Or should I risk having no house at all and having to rent for a while?). But there might be a whole lot more. Please email us here if you would like to attend, or use the form at the bottom of this post.