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Upsize or Downsize: 5 Strategies for Your Next Move
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Need to upsize or downsize? In this episode, we reveal the 5 best strategies to make your move a reality! We explore options like buying first and selling second, turning your current home into a rental, and navigating the complexities of contingent offers. Discover how to leverage your home equity, negotiate effectively, and minimize stress throughout the process.
Takeaways
The average US homeowner has $300,000 in equity.
Upsizing is more common than downsizing currently.
Buying first and selling second is ideal if possible.
Bridge loans can help ease the transition between homes.
Contingencies in offers can weaken your position as a buyer.
Selling first and leasing back can provide flexibility.
Moving twice can lead to stronger negotiating power.
It's important to have clear communication with your real estate team.
For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.
This podcast was produced by Two Brothers Creative.
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