Buy before you sell… Is it a good idea.

Arcadia home for sale 1 copy

Sell or Buy First? Which is best?

One of the top issues I discuss with individuals looking at homes for sale in Arcadia and Scottsdale is; Should I sell the home I currently own before I buy a new Arcadia home.

The answer is not easy and to be honest, the answer really depends on the individual home buyer.  Let's assume for home buyer #1  "money is not a major part of the decision equation. Let's assume other factors such as design, convenience, transition, moving, lifestyle and finding the very best Arcadia home is the most substantive part of the motivation.  Here are the 10 top reasons to move into a new home first rather than wait and sell.  Top ten reasons to buy before selling.  These top ten Home buying reasons are based on a very selective home buyer looking for the very best home in Arcadia on one of the more desirable streets, for example. A new home on Exeter in Arcadia.

Top 10 Reasons to Buy Before Selling

  1. The very best homes for sale in Arcadia, do not come on the market very often. Meaning, timing finding the perfect home based on selling your home could be virtually impossible.
  2.  Finding quality homes takes patience.  If you sell your home first hoping to find a perfect Rafterhouse style home in Arcadia or a beautiful million dollar luxury home in Scottsdale within a few months. You could be sorely disappointed.
  3. By buying a new home before selling your old home. You will be able to move just once rather than move into a rental... and move directly into your dream home. When you eventually find it.
  4. You can be picky. Therefore find a better home.
  5. You can relax and enjoy your current home while looking for another
  6. . Because you are not stressed you husband or wife will enjoy you more everyday!
  7. You are in a better negotiating position when you are not in a hurry. This one advantage alone could save you any and all mortgages payments you are concerned about incurring by holding a second home.
  8. You can save on moving cost. By purchasing a new home for sale in Arcadia you will have a clear idea of the style and therefore what furniture you can donate or sell. Save on mover fees!
  9. Of major importance.  You will not have to go through the stress of getting the home you are selling, ready for every showing. You can let your Arcadia real estate agent prepare the home for showings.
  10. You will earn more money at sale. Selling an impeccably clean home, well staged will net you more money. This another financial incentive to buy a new home first before selling your current one.

It's All About Timing in Arcadia

The critical point for the selective buyer for a dream home for sale in Arcadia is  timing. Bottom line for selective buyer is;  if your dream home comes on the market in Arcadia and you get goose bumps then "buy it".  Homes are not like cars, TV's or furniture. A charming home in Arcadia on a nice lot, is like a dear friend , it is unique and special and they only made one of them for you.  That beautiful Arcadia home will bring you and your family joy for years to come.

Finding the Right Arcadia Home

Now on the other hand if you are the type, that four walls and a roof is pretty close to your idea of a perfect Arcadia home OR your financial situation will not allow you to purchase another home while your other homes sells,  than absolutely, sell your current home first. As a caveat to that, please note, any properly priced, well marketed home for sale will sell within 30 to 120 days. There is never a reason to be concerned your home for sale will be on the market for over 120 days. The real estate market in Phoenix area is still strong.
So if you are concerned your Phoenix home may be on the market for months while you own a new one. Do not be. Simply call a professional Realtor like myself. Myself and RL Sotheby's Realty will make sure we market and price your home to sell.  As a real estate agent specializing in Arcadia I can also make sure you find the finest home in Arcadia.

For more real estate information and real estate market data.

 

Michael Chaisson- Realtor
Scottsdale-homesforsale.com
480-450-4632
Russ Lyon Sotheby's International Realty
Premier Client Services
Circle of 26 Excellence Award Recipient
Ranked Top 1% Nationally

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