Plan Before You List
Thinking about moving? The For Sale sign shouldn't be the first step.
Before listing your current home, there are some important questions worth answering.
What might your home realistically sell for? How much equity could you have available after the sale? What would the type of replacement home you want cost? And what would the financial side of the next purchase actually look like?
This is where your realtor and mortgage professional can work together.
Your realtor can prepare a Comparative Market Analysis to help determine a realistic potential market value and show you what replacement homes are selling for.
Your mortgage professional can help you understand your estimated equity, potential proceeds, financing options, purchase budget and estimated housing expense.
The goal isn't simply to sell one house and qualify for another.
It's to build the plan before you make the move.
That's one of the main ideas behind my latest blog, βIs It Time for Your House to Fit Your Life Again?β
Click here to see the blog
Rob Clark | Home Loan Consultant
Firestone Financial Group
209-227-7745 | 559-476-9279
rbrtclark53@gmail.com
robertclarkloans.com
NMLS #357788 | Firestone Financial Group NMLS #301522
California DRE #01148307 | Equal Housing Lender
This information is for educational purposes only and is not a commitment to lend. Loan programs, terms and eligibility requirements are subject to change. All loans are subject to borrower and property qualification and applicable underwriting requirements.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.