First things first! Do you need to sell your current home?
If you’re not sure if you have to sell, you should talk to a lender about your options. It’s not always cut and dry, there are ways to get creative and lending practices are always changing. Knowing your need to sell, versus your want to sell is an important factor in developing your build plan!
If you don’t plan to sell your current home until a later time, it can greatly impact your ability to afford the new home that you want.
Do you have equity in your current home that you will need for a down payment?
If you decide to sell, you may need to get your house ready for market. Talk to Overstreet about getting your home listed with our sister real estate company, Greg Overstreet Realty. We’ll be happy to help you build out a calendar and discuss how you can overcome obstacles when selling with the intent to purchase something new.
"Thank you for the quick response to our questions by providing answers and making recommendations for our “new house” needs. This is a special time for us! Our previous home in South Elgin was built by [unnamed builder] and we were delighted with their ..." READ MORE
- John and Janet Malkiewicz