Wednesday, June 17, 2009

Once You’ve Sold Your Home Then What?

Once You’ve Sold Your Home Then What?

Keep copies of all the paperwork related to closing and settlement. Although it might be tempting to run the mountain of paperwork through the shredder or tuck it away in storage, it would be safer to have it placed in a safe place for a while.

Choose your next home carefully. Scope out a variety of areas and housing options that meet your family's needs. By now you must have a better vision of what your preferences are.
Don't feel pressured. Take your time purchasing your next home; rent for awhile if you'd like extra time or want to try an area out first before buying. Take small steps. Remember that buying a home is already stressful, take your time and shop smart.

Reevaluate your personal finances if things change. If your situation changes before you buy another house, or maybe get a promotion at work, have another baby, go through a divorce, you'll need to rethink your finances and how much you can afford to pay for your new house.

Think about what you need from an agent to help you buy. While the agent who helped you sell your house might fit the bill to help you buy, you should carefully consider whether he or she can meet your needs when buying. Buying and selling require different skills. And, if you're moving to a new area, you may want someone familiar with the area.

Happy Shopping Everyone!

1 comment:

Anonymous said...

Thanks for the article. People often faces the similar situation which you have posted in your article after selling the home.

Boise real estate