Almost 10 years ago I earned the Seniors Real Estate Specialists (SRES) designation. I have worked with seniors and helped many sell their homes – young seniors and less young seniors. Imagine my surprise when I turned 55 and learned I AM a senior! But, my recent experience helping my mother-in-law sell her home gave me a whole new appreciation and understanding of the unique details and concerns this group faces.
Did you know that 25% of the American population is over 55? If you or a family member are in the position of needing someone with the knowledge and experience of helping this incredible group of people – give me a call, experience matters. Learn more about the 55+ housing market HERE
If you would like additional information on how my experience and designations can help you in your pursuit to buy or sell a home, please do not hesitate to contact me. You are exactly the kind of person I love to work with!
If you have a home to sell before you can purchase your new home, here are the steps you’ll need to follow.
First things first –
Meet With Your Realtor
Contact your Realtor and request a Competitive Market Analysis (CMA). This will help you determine how much money you will have to pay for your existing mortgage (or mortgages) as well as your closing costs. This process determines your “net” proceeds from your sale.
Call your Mortgage Professional
Contact your Loan Professional to be pre-qualified for your new mortgage. This process will determine the amount of money you will use from your “net” proceeds.
If you need to sell your current home to qualify for your next home – it’s time to call your Realtor and tell them to put that sign in your yard!
Now is a good time to consider looking at homes that could meet your needs and price range once your home sells. A lot of people do not want to put their home on the market until they know there is somewhere for them to go.
Stage Your Current Home to Sell
Don’t forget to heed the advice of your Realtor in regards to staging and presenting your home for sale.
Check out www.judyhicks.com for more information on what to do to sell your home. Look for future blogpost on what to do when your home sells and you are ready to buy.