We currently own a home but are looking to relocate within the same city. We are already preapproved for our

Layla Counts
Both Buyer and Seller
Seffner, FL

new home but have not yet sold our old one. Should we wait until the old home is sold before putting in a new contract or is it wise to get the ball rolling on the new home quickly since they seem to take a lot longer to close these days? Help please.

Answers (4)
First to answer: Antonio
Phyllis Crosby
Agent
Tampa, FL

My name is Phyllis Crosby Realtor ReMax Top Notch in Tampa.

Have you ever had a Realtor tell you this.????????? .......wait...wait...wait.!!!!

Our market is still upside down, and while you may get a decent buy on a new home you will probably have to sell you home under market on your exisitng property.. Even other Realtors are suggesting to send you investors--- see what I mean?

Our Florida market is improving slowly, take your time....breathe....enjoy the holidays.

Just my thoughts..

Phyllis Crosby, Realtor/GRI
Re/Max Top Notch Associates
Phylliscrosby@tampabay.rr.com

Fri Nov 27 2009, 19:26
Rod Bostic
Agent
Lakeland, FL

Hey layla, it would be best to decide what to do with the first home before moving on a new home. I do know investors and might be able to assist you with making this process easier. Feel free to contact me. All my info is on my profile page. Look forward to hearing from you.

Thu Jun 11 2009, 10:46
HHI Investing,...
Both Buyer and Seller
Hilton Head Island, SC

Hey there Layla...

My sister actually lives in Seffner! She's been there for about 5 years or so.

Anyway, I'm not exactly sure whether you're interested or not, but there are ALWAYS more people looking for Lease-to-Own houses than there are people offering them. In fact, I've been TRYING to find people to offer their house as a Lease Purchase in different cities across the US to the list of Tenant/Buyers we have waiting. We've actually had to turn BUYERS AWAY because we can find Sellers who need to rent/sell (And don't have their house locked up with a Realtor).

Depending on your finanical situation and motivation to relocate, you may want to consider offering your house as a Lease-to-Own. The nice thing about Lease Purchases, is that you attract Tenant/BUYERS who have a vested interest in the house instead of run-of-the-mill Renters who come and go. If you'd like to talk about it sometime or have any questions on it....shoot me an email.

Just some food for thought,
Darin

Tue Jun 9 2009, 20:34
Antonio
Agent
Tampa, FL
FIRST ANSWER

It would be wise to decide what to do with the first home, i/e rent, owner financing etc....... unless you feel VERY confortable with 2 payments.
Also it seems that you're seeking a VA loan, is your current residence a VA? if so, definetely wait!
on the other hand, the market seems to be stabilized and deals are going.....going fast!
Bottom line....... if you can afford to price your house competitively, and outgrown it! hire a Realtor, do the math and go with your heart!

Tue Jun 9 2009, 20:07

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