STEP SEVEN:  ARE YOU BUYING YOUR NEXT HOME?

Now that your transaction on your Wine Country home is well on your way to a successful close, it's time to start preparing for your next home.

Isn’t it nice to know that even though prices have dropped in your area, mortgage rates still are at a point where you can get your next dream home for less, because the prices have dropped? You may or may not realize that the values of homes in your neighborhood have fallen about 10% in the past year and that is good news for you if you’re moving to a more expensive home because there will be a greater decrease in value.  Which means you get to give your kids the neighborhood you feel is safest for them to grow up in, you get to have an office at home so you don’t have to commute, and you get that peaceful, productive time in the morning in your new home.

As your trusted real estate partners, we are ready to help you prioritize your goals for your next destination. We'll get you off to a good start by finding the best arrangement for you while you're in between homes. For instance, you may consider negotiating a rent back agreement with your buyer as one of terms of the purchase offer. This will allow extra time to make the transition more convenient and comfortable for you and your family.

For more information and for any additional questions, please feel free to contact me at any time.

 

 

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