I made a huge mistake in selling first! (contingent, sales, price)
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I got an offer on my house before I expected it. So I took the offer, for various reasons.
Now I think I've made a HUGE mistake! I am moving out of town and haven't bought a new house yet. That means I have to rent a place (I have 2 dogs, so the rent will be costly), and I have to rent storage for a full 3 bedroom house.
I'll also have to pay a mover a second time to move into my new house.
I'm freaking out and very upset. I think I should've done it the other way around.
Is there any tip for a solution, you think?
I don't know why I did this. I just got excited when I got the offer, and it saved me further repairs & updates. The sales price is fine. I figured it's spring time, so I should be able to find a house where I'm moving to.
I'm so upset. I don't think I can handle something this big. It's so complicated.
Your offer on a new house will NOT be contingent upon you selling. That's a HUGE selling point, especially in multiple offer situations. In my market, that's the best position you can be in, already having your house sold. I've had many sellers that temporarily moved to an apartment so they didn't have to buy a new house on a whim, but could take their time and figure it out.
Moving twice might cost money, but it could save you thousands in the long run.
I got an offer on my house before I expected it. So I took the offer, for various reasons.
Now I think I've made a HUGE mistake! I am moving out of town and haven't bought a new house yet. That means I have to rent a place (I have 2 dogs, so the rent will be costly), and I have to rent storage for a full 3 bedroom house.
I'll also have to pay a mover a second time to move into my new house.
I'm freaking out and very upset. I think I should've done it the other way around.
Is there any tip for a solution, you think?
I don't know why I did this. I just got excited when I got the offer, and it saved me further repairs & updates. The sales price is fine. I figured it's spring time, so I should be able to find a house where I'm moving to.
I'm so upset. I don't think I can handle something this big. It's so complicated.
Any advice?
Aw!! Moving is so stressful. I know if I say, "Calm down!" that would be hard to do, but try to if you can. You'll be fine.
Yes, you may have to move twice, but the second move will just be a local move within your new town so it won't be as expensive.
You might want to consider boarding your dogs somewhere, so that you can rent a cheaper, short term place? (Bear in mind that I have no pets and have no idea of what I am talking about, with that).
It will be SO nice to have your old house sold, so that you don't have that hanging over your head and costing you money each month. You did the right thing!!! It's just not easy and so stressful to move.
Hope moving becomes less of a hassle and more of an adventure, as you tackle these problems!
Also, I was posting at the same time as FalconheadWest, but what a great post; I agree with everything in that post.
Your offer on a new house will NOT be contingent upon you selling. That's a HUGE selling point, especially in multiple offer situations. In my market, that's the best position you can be in, already having your house sold. I've had many sellers that temporarily moved to an apartment so they didn't have to buy a new house on a whim, but could take their time and figure it out.
Moving twice might cost money, but it could save you thousands in the long run.
Oh, that's good to know that others do this. I'm not experienced at this and am so scared I'm making big mistakes. I'm petrified, actually. And that is so unlike me. This is really scary.
Aw!! Moving is so stressful. I know if I say, "Calm down!" that would be hard to do, but try to if you can. You'll be fine.
Yes, you may have to move twice, but the second move will just be a local move within your new town so it won't be as expensive.
You might want to consider boarding your dogs somewhere, so that you can rent a cheaper, short term place? (Bear in mind that I have no pets and have no idea of what I am talking about, with that).
It will be SO nice to have your old house sold, so that you don't have that hanging over your head and costing you money each month. You did the right thing!!! It's just not easy and so stressful to move.
Hope moving becomes less of a hassle and more of an adventure, as you tackle these problems!
Also, I was posting at the same time as FalconheadWest, but what a great post; I agree with everything in that post.
Thank you so much. That really was helpful. Yes, I need to calm down a bit. And think of it more as an adventure. I used to be like that when I was younger.
I guess it's not the end of the world. And FalconheadWest's post sounds right. I will be in a good bargaining position when I buy.
Take a deep breath be happy you are under contract! We did this a few years ago. It was a pain, but nice to rent where we were moving to really get to know the area before we decided where to move. And like others said since we didn't have a contingency on the sale it strengthened our offer.
It's still possible to find a house and close and move in when you want - just make sure your lender - if you are getting a new loan, is up to speed and ready to go.
It's still possible to find a house and close and move in when you want - just make sure your lender - if you are getting a new loan, is up to speed and ready to go.
I'm doing a cash purchase. So hopefully that will strengthen my offer even more.
I'm all by myself, and it's just overwhelming. No one to say, "I think that's a mistake."
Doesn't sound like a mistake to me. In your situation I would get a PODs thing and store everything you don't need in it that way you only move it once. They rent them out by the month so you can store it long term if you need. Only take what you need with you to a short term rental, dishes, clothes, and some furniture, then store the rest. You don't need everything in your home at all times.
you did the right thing. finding a house is much easier than selling one.
I had a neighbor who listed her house for sale to move across the country. She sold in 2 days then flew before closing to the new city and found the perfect house and offered and got her bid accepted. she moved straight to her new house.
my advice: go look for your house.
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