Ah, to be a first-time home buyer again: How effortless it was to buy a residence when you were not carrying another mortgage on your back!
In an ideal world, you would purchase a new home, move, and then, and when all the filth settles, deal with the mayhem of selling. But for most people, that is totally impractical. Not only does it cost significantly more, since you will be paying two mortgages, but sellers might be quick to judge if you’re holding on to your current home.
Danny Balkissoon, a realtor with Mississauga Real Estate Broker in Toronto, Canada, says one of his clients had difficulty getting sellers to “take them seriously unless the house was on the market or in escrow.”
According to him, getting information about home for selling and buying in Toronto can be easy if…
- One knows the real estate market
- Plan a schedule first and set a budget
- Rely on real estate experts
- Find financial solutions
- Don’t put rush to buy or sell a property