You could also advertise as a lease option on your home.
The best thing to always do is sell your home you have first(if you do decide you want to sell), and then buy after selling. If you don't, here is what will happen if you want to make an offer on a home before your current home is sold:
1)You find the home of your dreams. You want to make an offer. You still haven't sold your home you live in. To encourage the sellers to accept your offer(which would be contingent on your current home sale), you would need to offer a premium over what you would offer if you didn't have to put that contingency in your offer.
2)So now you have your offer and you have paid a premium for that home. You now need to sell your current home, and you need to sell it quick!! To sell something quick, what do you have to do? You have to lower price! So now, you are lowering the price of the home you have to sell it quickly so you can move into the home you have locked in. You could easily loose 10,000-20,000 going about it this way.
Best advice is to sell home first, or find new home and rent current home. My property management company, on average, leases homes within 24-32 days after marketing is started. We could also list your home for sale and go with which thing happens first, either sale, or rental. Either way, you win.
Contact me if you have any interest in my "out of the box" ideas.
It is really hard to know where to start sometimes. How do you eat an Elephant...one bite at a time...So to get to were you want you just start with the first bite.
It is important for you to know the bottom dollar on your current home that you can NET. What are the dollars you will walk away from closing with in your checking account that will allow you to purchase the home you want in Carmel. Once you know that figure...do you want to proceed?
If yes, then go talk with your lender and make sure you will be qualified to purchase in Carmel using your net figures, your current credit score and the current mortgage rates. Getting a mortgage today is probably different now than when you purchased in Brownsburg..so don't put up a SOLD until you know that you are pre-approved to purchase that house in Carmel.
Now, getting to your question of HOW WILL WE BE ABLE TO SELL OUR BROWNSBURG HOUSE? Most likely you have some work to do in preparing your property for the market. In this current market a listing coming onto the market must be in Pristine Conditions with NO Deferred Maintainance and Priced Below Market to move in a timely manner. So there is a lot of Hard Work, TIME and Focus needed to get your property market ready. Can't just put a sign in the yard anymore and wait for the buyers to come and buy. That is one of the reason Staging has become a listing tool in todays market. Staging is not decorating..it is de-personalizing your house so that the buyer imagine their lives in the home, plus staging always shows the space available for their use and the space is what the buyers are buying. (Please note that I am an Accredited Staging Professional.)
Interview at least 3 real estate agents that can help you through this process of pricing, staging and finding the least expensive ways to do what needs to be done to get your house market ready, yes call in the agents prior to doing all of the work..they should be able to give you advise and help you through this process. Go ahead and sign a listing contract with a future date for the house to go onto the market.
Remember: "They way we live in our home is not the way we market our property"
Having your house on the market can be stressful, however having your dream home within reach makes the work easier. Steven Covey says " Begin with the End in Mind"
So now that all of the hard work is completed and your property in Brownsburg is on the market, begin to looking at properties in Carmel so when an acceptable offer comes your way you are ready to make a bid on your new home. It is good to have at least three properties in mind at all times that you would consider buying.
Hope this helps and that I will be one of the agents you interiew. If you noticed all of the hard work is done up front...but it will make the rest easier...Inspection..easier, Packing to move, easier, Loan application easier, getting a SOLD easier.
Below is a link of a property I currently have listed in Brownsburg...
And, if an agent is as good as he/she says they are, then a selling guarantee should be no problem to provide. Feel free to read about ERA's Seller's Security Plan, so you can be sure your home sells in 180, guaranteed!! Here are details of my program... http://www.indyhomes.com/news-2008-jan-08-sellerssecurityplan.html
$400K will go very far in Carmel, so you won't have a problem finding a great fit for your needs & wants! My best, Kristie Smith, REALTOR.
Now, for the next component - preparing your home for market in a buyers market... you'll be wearing a different hat for this one. Interview agents who keep up with internet marketing and are plugged into buyers through a strong relocation program. Consider the benefits of a web site specific to your property and participation in RSS feeds. (See referenced link.). Call me and we'll cover it all!
In a nutshell, market your Brownsburg home and sell it first, as you visit neighborhoods and frame what you will want in Carmel. When we have a signed purchase agreement for your Brownsburg home, then we hit the ground running - with targeted properties and communities in hand.