HOW TO TIME YOUR HOME PURCHASE
One of the trickiest things about selling one property and buying the next is how to ensure you don’t end up homeless in between transactions. While it’s good to sell before you buy so you’ll know exactly what your financial situation is to make your purchase, you don’t want to sell your home and find yourself struggling to find a new home that you actually like.
Find out from your Realtor how long homes in your area take to sell. Establish with them the process time they’d need to have your home sold. This means prepping your home, staging, listing and marketing it to sell.
Once you have this established, if your dream home comes along your Realtor will hopefully have enough time to sell your home by the time your purchase property closes. The goal is to have both closing dates match up and have buying your next Toronto home a smooth and enjoyable experience.
Are you thinking about moving up in the Toronto real estate market? If so, I can help you answer questions like, “What am I working with financially?” and “What’s the best strategy for Toronto’s current real estate market?”. If you’d like to chat, book a call with me here.