As the real estate bubble has burst, selling a home has become more difficult unless you are in one of those areas where things are still good. You can put so much effort into selling, you can forget about moving!
Selling a home is a process that can be stressful. First, you have to figure out your market. Once you do, you have to deal with people and agents coming to view the home. Sooner or later, you will get an offer. Then the negotiations occur. Once an agreement is reached, are you home free? Rarely. Issues are going to arise with home inspections and such. Since escrow periods typically range from 30 to 60 days, things can get pretty rushed and stressful. Obviously, you need to focus on the sale of the property, but what about that glorious day when escrow closes?
For most people, selling a home necessarily means buying another one. At least one hopes so! The transition from one home to another can be difficult. It is hardly the first thing on your mind during this period. Instead, you are focused on getting your old home handled while at the same time making sure your new home is going to be ready.
One of the big issues that comes with moving from an old to new home is timing. Simply put, the closing date for both transactions often does not happen on the same day. Yes, you can try to get it done, but sometimes it just isn’t possible. So, what do you do? One option is to try to pay a small premium to have your new home vacated by the time you need to move. The seller may be willing to do this, but then again may not. It can really become impossible if you want to make improvements before moving in.
Let’s assume a situation where you have three or four days from when you have to move out of your old home and into your new one. How do you span this gap? One option is to use moving trucks as storage vehicles. You can just load them up at your old home and then let them sit till the new home is ready. Obviously, you need to find a secure location for them. I did this once and parked them at my uncle’s home for six days. He had a large lot and an annoying neighbor. He was more than happy to let me park three big moving trucks behind his house in full view of the neighbor!
Another option is to move your stuff into storage. I suggest you avoid this. Unload and then reloading moving trucks in the time span of a week is a good way to end marriages, develop moving rage and so on. It just isn’t worth it!
Lou Ross is with MovingCompaniesforYou.com - find moving truck rentals along with helpful advice on moving issues.
==============>> Where can I sell real estate properties?
You can buy and sell real estate properties on Yipeyay.Com: Australia | USA
No comments:
Post a Comment