Many homeowners are thinking they would like to sell their current home in 2021.  They are considering downsizing or moving up to a larger home because interest rates are so low!

Yet, reality as seen by the owner makes this option a little scary because of the 2021 real estate market. We are experiencing a strong Sellers Market (a great time to sell) yet are also experiencing a very low inventory of homes available at any given time.

Why is this? Many homeowner who would love to sell are afraid they won't be able to find a place they want to buy because inventory is so low and houses are selling so quickly.

I've heard several homeowner say to me they don't want to sell their home and then be homeless!!

There are several options for homeowners today that take some of the pressure off in this current situation. Some homeowners would be financially capable of purchasing a new home without selling their current home immediately. Another idea for homeowners wanting to buy a home is to secure a blanket or bridge loan from your local mortgage company or lender. This loan product taps into the equity of your current home for down payment money for your new home. There are several moving pieces to this product but I'll leave that to the mortgage professionals. The point is this. You can purchase your new home FIRST, move into the new home, then stage the second home and in the current real estate market, it is very likely to sell very quickly! There you have two ways of selling and buying a home in 2021. Let's talk about your specific situation. Give me a call at 937-241-2124.