This large home sits on a beautiful setting on Millseat Creek, with living room, family room, updated kitchen featuring Corian counters, gas fireplace, small work shop, single wide mobile that would be great for guests or in-laws. Click on the link above for a virtual tour.
So, Chicken or the Egg? Which came first? Same goes for List or Buy? Should you pick out your new home before you list your old one, or should you list your old one and then buy a new one? There are benefits to either direction although I know which one I prefer. If you wait to sell your home until you find one you would like to buy, you run the risk of not selling your home in time. This would be what we call a "contingent" offer. A buyer is making an offer to purchase contingent upon the sale of their home. The seller in this case would have to agree to wait until the buyers home sold to have their home sold. Some sellers are reluctant to do this. The average home sits on the market for 131 days, citing Shasta MLS for Feb. 2012. Now conversely, if you list your home and wait until you have an offer before looking for a home to buy, you run the risk of a couple of things. First, the home you want to buy may have multiple offers - doh! You may not get it. You may have to start over. Secondly, my average is 3- 6 months to find and close that perfect home for a buyer. This seems like a long time - but with all the bank -owned deals out there, the Short Sales", repair work, loan delays, etc. It really takes that long. The average buyer is looking for a home 12-18 months before they actually call a Realtor or agent. If you wait to buy until you have your home listed you have more buying power. You know what you can afford. You know your home is sold. You can always try to negotiate to "rent back" from your buyers if the worst case happens and you can't find a new home. So, what do you do? Decide which works best for YOU.
Today there were 21 new listings and 10 pendings. 735 total residential listings.
Please - comment and let me know how you like the blog - suggestions for things you want to know. Opinions etc. Also - please note the new tabs at the top of the page for Local News and Search for Homes. These will link you to different websites - also if you have suggestions for other links you would like - let me know!
No comments:
Post a Comment