Dawna is a real pro! I am so glad she was on our team. For nearly four years she guided us through the volatility of the San Luis Obispo housing market, answering our questions from a far (we live in Montana) and flagging appropriate properties or developments along the way. When the timing was right and we found just what we were looking for, Dawna expertly guided us through the negotiations and inspections. This wasn't our first home buying experience, but we really appreciated how easy Dawna and her assistant made the whole process. We successfully closed in less than 30 days.
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Find the right real estate broker - Make sure your agent has experience in buy/sell transactions and is seasoned with strategic planning, sequencing, and anticipation.
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Put your property on the market- Make the sale contingent upon you finding a suitable replacement property. Price fairly to attract buyers and prepare property well.
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Get a buyer for your property- Wait patiently through the time period for your buyers’ inspections, loan approval, etc. and their full contingency removal. The further you go through the transaction, the more solid your buyer will become, and the more confidence you will have with making offers on your next home.
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Find your new home- After the buyer is in place, go house hunting and make an offer contingent on selling your property. Because your current house is in escrow, and if the buyers contingencies are removed, your offer will be more attractive to the seller.
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Close escrow in the right order- Escrow should close on your past house first, then within a few days close on your new house. Proceeds from your house sale can be wired to your new house purchase.