One of the most stressful things about buying a new home is selling your current home at the right time. Many homeowners can’t afford to carry two mortgages. They have to sell their existing home before they purchase but the timing has to be perfect. If the timing isn’t perfect they may not qualify for a loan on their new construction home.
This was the situation facing Lawrence and his wife. They were empty nesters and their existing house on Derrymore Court (Atherton Farms), in Warrenton Virginia, was just too big. Lawrence had heard about Express Homebuyers from a friend and researched the company on line. After reading the countless positive reviews he called Express Homebuyers on April 10th.
They were thinking of having a house built in Winchester. They said that they can’t stand realtors as they always make false promises. They both liked the idea of being able to deal directly with a reputable company that buys houses.
On April 12th Tom Parmentier, Express Homebuyers Acquisition Manager, visited the property and everything was as Lawrence and his wife had explained. Tom made the Lawrence and his wife an offer and they decided to take some time to think about it. They weren’t ready to make a commitment until they were able to find a home of choice in Winchester.
Selling a home before building a new one doesn’t have to be a hassle
On May 5th Lawrence and his wife made an offer on a property. On May 16th they signed a purchase agreement to purchase their new home as soon as the home was built. Initially they were told their new home would be done at the end of June, but as is often the case, construction was delayed and settlement was not until July 17th. Express Homebuyers was able to coordinate with the lender on their new purchase and set a settlement date that corresponded to the purchase of the new home. They used the funds from this sale towards the new home. Has they sold the traditional way things could have gotten very stressful if the buyers of their existing home didn’t want to delay settlement. Not only did Express Homebuyers gladly push out the settlement date, they also allowed Lawrence and his wife two weeks to move into their new home. They were elated at just how easy the entire process went.
If you need a firm, fair offer on your home because you are building a new home and can’t wait for the traditional sale call Express Homebuyers today at [dynamic-phone].