Selling and Buying A House at the SAME TIME
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- Опубліковано 29 вер 2024
- Are you looking at how to buy a house and sell a house at the same time? Should you buy now or wait? Should you sell your house first and then start looking at buying a house? What's the easiest way to buy and sell a house at the same time? In this video, we are going to discuss buying and selling a house at the same time and help walk you through that process.
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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ / jebsmith
#firsttimehomebuyer #housing #realestate
I had divine intervention. I put my house up for sale with a contingency that I find a house. After looking at dozens of houses and finding nothing I placed a wish on Facebook community pages. A lady answered me the next morning texting me that she will soon have a house to sell. She was renovating and turned the house into a modern vintage farm house. After going with my real estate agent and finding nothing I liked I took a ride by the house this lady was selling. Well, in tears I cried “That’s my house!”. I came by, we shook hands and a month later it was mine… cash sale! I sold my house and within a month bought hers and I couldn’t be happier! It’s low maintenance and a house I could afford with every luxury I could ask for. Like I said: Divine providence! No other explanation. No bidding wars, inflated prices and bargaining. This was a GIFT from God. Clearly a miracle!
So happy for you !!!
How exactly did you post this? Any tips on crafting a message like the one you posted? This is a good idea. How specific were you in your Facebook post?
That's beautiful. We are all so happy for you.
🎉🎉🙌🏾🙌🏾😊
I dislike how the kindness of people are taken as an act of God.
Jeb! Thank you for all the good guidance. What about someone who owns a home outright, and needs the cash from that house to buy another? Is there a good way to finance my existing property, use that money, and then be able to make a cash offer on a new house? Would a HELOC work and would there be penalties for paying it off so quickly? I don't need 100 percent of the proceeds to buy the kind of place I want--I have savings too. Hope you can answer this. I am blessed to be in this situation but I only got here with a crazy amount of hard work. Thank you.
Me too!
It's a very good idea if people get to setup some stuffs aside for themselves that could be bringing them money apart from there businesses
Despite the economic downturn,I'm so happy. I have been earning $ 60,000 returns from my $7,000 investment every 13days
@@shawnhopkins2496 This must be an investment with Mr dave javens
Wow I'm just shocked you mentioned expert Mr dave thought I'm the only one trading with him.
He helped me recover what I lost trying to trade myself.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mr dave I think she is the best broker I ever seen
@@hik1289 He has really made a good name for himself, please how can I contact expert mr Dave javnes ??
I’m about to do this in Southern California I’m stressed but this video was amazing for information.
Don't stress.......Call if you need help.
Learning a lot from your videos jeb…the capital gains tax video was a real doozy. I didnt have a clue about that. I’m a potential seller looking to move and buy something cheaper with no mortgage. So I’d have to find a house to move to before I sold
Flight from big cities INCREASES despite end of pandemic with record numbers of homebuyers relocating from coastal cities like San Francisco, Los Angeles, New York and Seattle to more affordable areas to beat inflation and work from home
Yeah I am loving it in my market.
@@dcyang1977 where are you located David
@@Jack-russell103 Portland, OR metro, Clark County vancouver, WA. I live in Los Angeles though
Pro Tip: As a contingent buyer you may get the seller to accept your offer by having the seller’s agent represent you, on the sale of your home.
How much % can you save if you do this?
? So have the same realtor selling your current home as well as helping you buy another home?
how can you do this if the house you are selling is in Florida and the house you are buying is in Ohio?
@@stu7579 You can’t 😂
Here in Elk Grove, demand is high. It’s hard to buy and sell. But it’s possible.
Another great video, Jeb!
What are your thoughts on trade in programs? Ie Homelight has a trade in program
Honestly, not much thought. They may be a small piece of the market, not seeing them around me.
I feel like my real estate agent is shaming me for not having the financial ability to buy a house while selling my current house.
Thank you soo much. you really break this down nicely. now I know where I'm at.
🙏🙏🙏
Could use another one of these meant for the market today. Two years ago it was a seller's market and now it's not. Could you update this?
Hi! I want to ask you for help, but I don't think I know how. The problem is that me and my husband are living in a house that I don''t know how much longer we are going to afford it. We already struggle to pay the monthly rate that keeps increasing and we are very worried about what comes next because of the financial crisis.
we are thinking of selling the house for a higher price than we bought it 2 and a half years ago, to close the home loan and from the money we have left (I hope) plus a loan for personal needs, to buy a smaller house and cheaper. but i think it's impossible and sounds stupid, right? we are just trying to figure this out..and don't know how... there is a lot of stress these days. I really hope for an answer... Thank you...
You do a great job
Great video thanks
Glad you enjoyed it
I bought a new construction & when my 2yrs are up I want to sell & buy another new construction.
I bought a house in July. My situation has changed, I have to get out of this house. I have to move as well. I don’t know what my options are. I got the home for 200k and it appraised originally for 207k. I’ve painted the entire home and have replaced every floor with Luxury Vinyl. I’m in a pretty competitive city. It was a private sale, I didn’t have competition, but other homes around it I offered on 15-20k with 12k gap I constantly got beat out by like 10-20 offers in 24-48 hours.
Is there a way I can possibly break even at all right now do you think if I sold in let’s say March?
Not counting paint or floors, I can accept that lose. If I sold by March is it possible to break even after a realtor selling my home break even being what I at least get out of the home without owing anything.
I’m relocating back to NorCal from SoCal. Would I need two realtors each in both areas? Or am I able to use the realtor that will help me buy a replacement home ? He advised that he can do both . Sell my current home and help me buy another. I didn’t know this was possible?
I would recommend an agent in each area.....no agent can serve you well in both north and south Cali.
@@JebSmith thank you
Great advice! In that situation right now, a little worried about the moving process. If closing on both properties, is it wise to rent a storage unit for a month?
Thank you...........I don't rent anything, I just go from Property A to Property B because I don't want to do 2 moves but that's just me.
Yeah you can rent for storage for a month. Worked well for me.
Great video. Good information.
First 🥰
Gosh get to the Point 😒
Sellers beware because I bought my home and once my offer got accepted I knew that the seller was purchasing a home in the same time as me. So I waited to counter offer till the end and ended up lowering my price offer and keeping the new washer and dryer and having him pay for fumigation electric plumbing etc. When I did a home tour he said something that made me aware he wasn’t going to back out the offer. He had already reduced the price before my offer by 15 k. Nevertheless I emailed him after the purchase asking him a question about the home and got a very rude letter to say the least.