Sell Low, Buy Lower - The New Economy of Real Estate
Posted by The Keen Team on Saturday, May 31, 2008 at 11:04:06 AM
By The Keen Team / May 31, 2008
Comment
Most Sellers in today's market are holding out for their price - waiting for the market to bring them what they need so they have enough of equity to put a hefty down payment on the more expensive home they've been dreaming of.
The harsh reality is this: If you do wait until the market goes up so you have enough equity to move to a higher priced property, unfortunately the price of the higher property has appreciated as well and you'll be faced with the same situation.
Here's an idea...
Sell your home today at the best price the market will bring and then go out and get a great deal on that higher priced home of your dreams.
I call this the "Sell Low, Buy Lower" model of real estate.
The harsh reality is this: If you do wait until the market goes up so you have enough equity to move to a higher priced property, unfortunately the price of the higher property has appreciated as well and you'll be faced with the same situation.
Here's an idea...
Sell your home today at the best price the market will bring and then go out and get a great deal on that higher priced home of your dreams.
I call this the "Sell Low, Buy Lower" model of real estate.
Post a Comment