Three Ways To Ease Your Fears About Moving

Dated: 11/17/2017

Views: 109

With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they’re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell-whether to upgrade or find a new neighborhood-there are a few ways to combat the low inventory.

Look to buy first In most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don’t see anything on Zillow, it doesn’t mean you can’t or won’t find the right home.

Think outside the box Be proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Have your real estate agent send a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.

Protect yourself legally Each state varies in how the purchase process is conducted. Talk to your real estate professional about adding a clause in the purchase contract for the home you are selling that will enable you to not sell the home if you cannot find a suitable home to buy.

Blog author image

Joseph Bergamino

Born and raised in New Jersey, Joe relocated to Virginia Beach after his service in the military. Being a Veteran, he strongly connects with the Hampton Roads military community. Joe is extremely pass....

Latest Blog Posts

How Do I Choose the Right Neighborhood?

Preparing to buy a new home? There are many factors to consider when selecting a neighborhood that is right for you.Below are just a few of the many factors, but you may think of others that are

Read More

Common Buyer Mistakes to Avoid: Part 2

This post is Part 2 of our "Common Buyer Mistakes to Avoid," designed to unpack the insight you need to find the right home and succeed like a pro in the process. (If you missed Part 1, click

Read More

Common Buyer Mistakes to Avoid: Part 1

If you are about to take the plunge in buying a new (or first!) home, here are some common blunders to avoid—and helpful tips that could mean the difference between financial stability and an

Read More

The Home Buyer Series: Part 2

Welcome back! This post is the second and final part of our series covering the most common real estate terms for home buyers. Here is the final list of terms you'll want to be familiar with:Escrow.

Read More