Frequently Asked Questions
What COVID precautions are sellers taking
at Open Houses?
At my open houses, I am working with the Sellers to ensure maximum safety, both for the homeowner and the open house attendees.
I am collecting contact information for all attendees should we need to contact anyone after the fact.
Everyone must use hand sanitizer upon entry as well as wear a face mask.
Lysol wipes are used as a barrier to open closets, cabinets, and hand rails.
Depending on the size of the property, no more than 2 or 3 parties in total in the house at any time, and make sure the attendees are spread out throughout the house/not sharing the same rooms at the same time.
Lastly, when possible, have all attendees use a "one way" system - so everyone is coming in the front door and out a back or side door to ensure a smooth flow of traffic.
I also offer virutal tours, and I'm always happy to arrange a private showing that respects the privacy & safety of all parties - at any property.
Should I sell my current home before
buying a new one?
Selling & buying simultaneously can be tricky, but it is definitely possible with the right team in place.
First, you need to talk to your lender to see if you are in a financial position to buy first and then sell your home after you move into the new one. The lender will need to qualify you to carry 2 mortgages at the same time. It doesn't mean you have to wait for the new home to close to sell the existing one, but it gives you the option to sell at your leisure.
If you cannot financially carry 2 mortgages, then you have a couple of options to buy/sell at the same time. You can try and buy first, with what is called a "Subject to Sell" contingency clause in your offer. This means that your Offer to Purchase on the new home is "subject to selling" your existing home. If you cannot sell your home in the timeline determined in the contract, then your purchase is null and void.
Your other option is to list your home for sale with a caveat that your sale is "Subject to the Seller Finding Suitable Housing". This means that if a buyer wants to buy your home, they need to wait a pre-determined amount of time for you to find a new home to purchase. If you cannot find a home in that timeline, then the buyer has the right to walk away from the sale.
Both of these options are available but please keep in mind that the chances of their success is heavily dependent upon the state of the market at the time you are making your decision. You should always reach out to a professional realtor to discuss the best options for your individual situation.
Realtors get A LOT of questions - here we share recent questions our clients have asked, and answers that we hope will help you reach your real estate goals.
Got questions of your own? Just get in touch and we can talk!