6 Mistakes Homebuyers Make When Moving Up to a Larger Home and How to Avoid Them

Anonymous
Wednesday, December 4, 2019
6 Mistakes Homebuyers Make When Moving Up to a Larger Home and How to Avoid Them

6 Mistakes Homebuyers Make When Moving Up to a Larger Home and How to Avoid Them


Scottsdale - A new report has just been released which identifies the 6 most common and costly home seller
mistakes that homebuyers make when moving to a larger home.
Unlike the experience of buying a first home, when you're looking to move-up, and already own a home, there are
certain factors that can complicate the situation.
It's very important for you to understand these biggest home seller mistakes before you list your home for sale.
Not only is there the issue of financing to consider, but you also have to sell your present home at exactly the right
time in order to avoid either the financial burden of owning two homes or, just as bad, the dilemma of having no place to
live during the gap between closings.
These six strategies will help you make informed choices before you put your home on the market in anticipation of
moving to a larger home.
Knowledge of these six biggest home seller mistakes, and the strategies to overcome them, will help you make
informed choices before you put your existing home on the market.
To begin with, here are 3 of the 6 home seller mistakes that you should know about right now.

1. Failing to make necessary improvements
If you want to get the best price for the home you’re selling, there will certainly be things you can do to enhance it
in a prospective buyer’s eyes. These fix-ups don’t necessarily have to be expensive. But even if you do have to make a
minor investment, it will often come back to you ten-fold in the price you are able to get when you sell. It’s very important
that these improvements be made before you put your home on the market. If cash is tight, investigate an equity loan
that you can repay on closing.

2. Failing to get a preapproved mortgage
Preapproval is a very simple process that many homeowners fail to take advantage of. While it doesn’t cost or
obligate you to anything, preapproval gives you a significant advantage when you put an offer on the home you want to
purchase because you know exactly how much house you can afford, and you already have the green light from your
lending institution. With a preapproved mortgage, your offer will be viewed far more favorably by a seller - sometimes
even if it’s a little lower than another offer that’s contingent on financing. Don’t fail to take this important step.

3. Failing to coordinate closings
With two major transactions to coordinate together with all the people involved such as mortgage experts,
appraisers, lawyers, loan officers, title company representatives, home inspectors or pest inspectors the chances of
mix-ups and miscommunication go up dramatically. To avoid a logistical nightmare ensure you work closely with your
agent.

These are just 3 out of the 6 to draw attention to this very important topic. If you wanted to view all of the 6 biggest
home seller mistakes
, I have put together a free report entitled "Mistakes to Avoid When Trading Up to a Larger
Home." which explains the mistakes and strategies in more detail.
You can grab a copy of this report for free by visiting http://www.toddgulinsonrealtor.com/ or you can give me a call
at 1-844-310-9514. 
Thanks a lot for reading this week’s blog and may you find a way to your new home!
Todd Guilinson
Your Home Sold Guaranteed or I’ll Buy It* - If you or anyone who know is considering on making a move, feel free to
give me a call or pass on my number! 1-844-310-9514.