Navigating Buying and Selling Simultaneously with Dream to Doorstep
I'm Dave with the Bolduc Realty Group.
Dream to Doorstep is the process that I take all of my clients through for their real estate journey to make sure that they have the best experience possible.
And I think about the real estate journey just like I think about a journey where you're traveling from one location to another, you have to have two important pieces of information before you can even begin:
The first one is, where are you now?
And the second one is, where are you going to?
So just thinking about it from a traveling perspective, if I want to get to New Haven, and I'm in Hartford, I'm going to follow a pretty simple path down I-91. If I want to get to New Haven, but I'm on Block Island, it's a whole different path, and you have to customize the path based on where you are, where you want to go.
Your Current Housing Situation
When we look at where you are, one of the key current situations you need to understand is your housing situation. And there are three main categories of housing:
Living with family or friends
Renting
Owning
1. Living with Family or Friends
If you're living with family or friends, you're probably pretty flexible on how long you could stay and you also probably have limited expenses so you’re in a position where you might be able to save a little easier. This actually gives you a benefit in any market, but especially in a market where there's a lot of buyers and relatively fewer sellers. In a market like that, it takes a little while to find that right home and get it under contract.
2. Renting
In the next category, renting, the big thing there you’ve got to worry about is your lease. Are you month to month, or are you on a one year lease? If you're on a one year lease, is that lease just starting? Is it just ending? Is there a clause that allows you to get out of the lease? You gotta manage that timing, manage that interaction with your landlord, because you don't want them to rent the place out early and you end up with no place to live, if the house you wanted to buy doesn't work out, but at the same time, you don't want to be paying for a mortgage and a rent at the same time. That needs to be coordinated.
3. Owning
The final is if you own your home. So again, this is a different starting point, and it has a different path in order to get from your dream to your doorstep. In owning, you have to coordinate both the purchase of a house and the sale of another house. There are a lot of strategies that can be employed to do that. Dream to Doorstep has those strategies clearly documented with proven results.
How Dream to Doorstep Can Help
Whether you are living with family, renting, or you own a house, I can show you the appropriate strategies within Dream to Doorstep that will take you through that journey seamlessly with minimal effort and surprises.
The best next step is to reach out and let me know your current situation, including housing, your financial health and a few other things we need to talk through. Understanding where you are right now will help us craft a tailored solution for you, using all the strategies and techniques within Dream to Doorstep.
For almost a decade, I've taken hundreds of people through this process. It's very easy if you have the process laid out in front of you and the trusted advisor who can take you through the process.
Conclusion
As you stand at the crossroads of your housing journey, unsure which path to follow, there is a solution. I like the saying "failing to plan is planning to fail".
So let's take the time upfront to understand where you are, and then lay out a plan tailored to your needs to take you from Dream to Doorstep.
