Buy Now / Sell Later

Buy Now Here’s How…

Wouldn’t it be nice to purchase your next home and move in THEN sell your previous home?

That is how the few who have cash do it BUT it can be done with leverage.

FIRST
Your income must be sufficient to meet the debt ratio limit of having 2 house payments in addition to your other debts.

SECOND
You need the minimum down payment to purchase the next home. Here are some good sources for that down payment:

   Borrowed from an existing line of credit on your current home
   Borrowed from a 401(k)
   Liquidated from an IRA (some will allow these funds to be repaid  
   within 60 days without penalty - check with them)
   Cash on hand
   Gift from a relative

Here are some benefits of buying now and selling later:

   Non-contingent contract increases your chances of getting your offer 
   accepted
   No need to leave your home for showing appointments since the home 
   will be listed for sale when it is vacant
   When vacated then cleared out and cleaned up, your home has a better 
   chance of selling and can be professionally staged with 
   Pinette Realty Group's assistance
   No rush in moving - close on the new home and then perform any updates
   or remodeling before moving in
   Many more....

Should you desire to Buy Now/Sell Later, feel free to contact KC Harney w/Universal Lending at 303-799-9100 to discus your options. 

Nicole Pinette is a seasoned professional with over 20 years of experience and can help you get the home you want.  You Can Buy Now! 303-683-4837

Pinette Realty Group - Highlands Ranch, CO

 

 

 

 

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