Who Else Wants To Win Movie Tickets For Two?"
Did you get last month’s trivia question, but you either forgot to call OR thought someone beat you to it? Well, you may have missed out on a Free Massage! Here’s the answer to last month’s trivia question – and a brand new question. Give me a call ASAP and you could be a winner this month!
How Many Grooves Are On The Edge Of A Quarter?
a) 119 b) 97 c) 238 d) 162 e) 441
No need to get out the magnifying glass, because the answer is letter “A,” one hundred nineteen. So let’s move on to this month’s trivia question…
Where Was George Washington Sworn In As First President Of The U.S.?
a) Boston b) Philadelphia c) Baltimore d) New York e) Las Vegas
Call me right now with your answer and you could win! 391-7086
Real Estate Corner…
Q. How Soon After We Put Our House On The Market Should We Start Looking For A New Home?
A. Well, that depends on a number of factors. If your current home is owned outright, and you’re not making payments on it, then you can look for your next home at your leisure. In this case, I would advise you to find your new home and move into it, then fix up the old home and offer it for sale vacant. This increases the ease of marketing it since agents and prospective buyers can inspect it at any time without fear of disturbing a family. You might also consider “staging” your home with some well-placed furniture and accessories to give buyers an idea of how good the rooms can look.
If, on the other hand, you are making a payment on your present home, you should be careful not to become financially burdened by having two payments. The best plan is to have the old home sold before you make an offer on another one.
However, if you absolutely fall in love with another home and simply have to have it, or if it’s a tight market with lower than usual home inventories, you might be able to negotiate a “bridge loan” or “swing loan” to cover your interim expenses. This is a temporary loan made to allow you to buy your next home while your existing home is on the market. This sometimes requires more equity in both homes, or a stronger financial position, but many homeowners opt for this route. Often the security for the loan can be attained through the equity from either your old or new home, or both.
If you’re thinking of selling your existing home, and have questions about selling it or about “bridge financing,” please call me immediately at 391-7086.
THANK YOU
for reading my Service For Life! ® personal newsletter. I wanted to produce a newsletter that has great content and is fun and valuable to you. Your constructive feedback is always welcome.
-Tristan