We were looking to sell our townhome and purchase a single family home, but are nervous about having to take a large hit to sell.

Asked by Chefhowen, Woodstock, IL Wed Apr 11, 2012

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Randy Schule…, Agent, Saint Charles, IL
Sun Aug 5, 2012
Chefhowen,

Does your townhome community allow you to rent your property? From your comments it appears you have some equity in your townhome. If you are able to buy without the sale of your property then maybe you'll be able to hold out and sell when your market value in Woodstock improves.

If you would like to discuss some strategies, call or text me at 224-805-2616 to schedule an appointment.

Randy Schulenburg
Managing Broker
Mortgage 1st Realty, Inc.
224-805-2616

http://www.ActiveRain.com/mmortgage
0 votes
Michelle Tan…, , 60175
Wed May 2, 2012
What you lose on your sale side you will make up for it on your buy side. Especially when you are moving up (buying a larger home) in a home. The larger the home, the bigger the discounts seem to be. I'd be happy to set up a search to show you. Best of luck.
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, ,
Wed Apr 11, 2012
While I'm not a Realtor, I do remind my clients who bring this up to me that while you may take a haircut to sell now, someone else is doing the same for you to buy.

Find a good realtor who knows your area and/or the one you're buying in (whether that's Melissa, etc) and go from there. Your answers from an agent working on your behalf will be far more useful than anything we can provide on a public forum.

Best of luck to you!
Web Reference:  http://RobWeber.com
0 votes
Melissa Kamp…, Agent, Greenwood, IL
Wed Apr 11, 2012
Hi Chefhowen

There has never been a better time to buy! I would be happy to sit down with you to complete a Market Evaluation for you to determine the hit.
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