Navigating Contingency Home Sales: Personal Tips from May Kunka
Hey there! I'm May Kunka, and today I want to talk about something many of my clients face – the contingency home sale. If you're thinking about buying a new home but need to sell your current one first, you're definitely not alone. I’ve helped many clients through this process, and with a bit of planning, it can be quite straightforward. Let's chat about what this means and how to handle it smoothly.
What Exactly is a Contingency Home Sale?
Imagine you find your dream home, but you can’t afford to buy it until you sell the one you’re living in. That’s a contingency home sale. It’s a safety net that makes sure you don’t end up paying for two homes at the same time.
Why Consider a Contingency Sale?
Financial Peace of Mind: You don’t have to worry about managing two mortgages.
Less Stress: Knowing your new purchase depends on selling your current home can make the whole process less overwhelming.
Stronger Negotiation Position: You can make offers without the fear of juggling double payments.
Making a Contingency Sale Work
Getting Your Home Ready:
Curb Appeal: First impressions matter. I remember helping a family spruce up their garden, and it made such a difference.
Declutter and Stage: Think of it as presenting your home’s best self. I once worked with clients who had a knack for staging – their home looked like a magazine cover!
Repairs and Upgrades: Fix those little quirks and maybe add some minor upgrades. A fresh coat of paint can do wonders.
Setting the Right Price:
Market Analysis: We’ll find the perfect price for your home. I’ve seen how a well-priced home can attract buyers quickly.
Be Flexible: Sometimes a small price adjustment can make a huge impact.
Marketing Like a Pro:
Professional Photos: Great photos can make your listing pop online.
Online Listings: We’ll hit all the popular real estate sites and social media.
Open Houses: Hosting open houses can bring in a lot of potential buyers.
Staying Informed and Communicating:
Regular Updates: I’ll keep you updated on both your sale and purchase.
Clear Communication: We’ll keep everyone in the loop.
My Recent Success Story
Just a little while ago, I helped a lovely family navigate a contingency sale. They found their dream home but needed to sell their current one first. We got their home ready, set a competitive price, and marketed it aggressively. Everything went smoothly – they sold their home, used the equity towards their new home, and now they’re happily settled in. Seeing them so happy in their new home was the highlight of my month!
Final Thoughts
Contingency home sales might seem a bit daunting, but with the right preparation and a solid plan, they’re totally doable. By preparing your home, setting a fair price, and staying informed, we can make this transition as smooth as possible.
If you’re thinking about a contingency home sale or just have questions, I’m here to help. Give me a call anytime – I’m May Kunka, your friendly neighborhood Realtor, and I’m here to make your real estate dreams come true!