Moving Up? Consider Your Strategy

July hums with the hustle and bustle of the Northport real estate market. Some will benefit from moving into a larger home through increased space and a small cost to move up in size. If you are considering a "move-up," the tips below may help you position yourself for a successful move.

1. If you have to sell your home to purchase your next home, make sure to obtain proper pricing within current market conditions. List your home with your real estate professional!  
2. If you need the proceeds to buy your next home, you will need to secure a qualified buyer on your property first. If you do not need to sell to buy your next home, make sure that you have proper documentation ready before you go out shopping.  
3. If you are able to purchase with cash, have a verification of funds available for your agent. This will make any offer presented strong. Seller's want to know that you are "qualified" when you make an offer. 
4. If you need to obtain a mortgage, speak with your mortgage professional prior to shopping. It is imperative that you provide all the necessary documentation to secure a mortgage. If you have your documentation, your mortgage professional will issue a pre-approval for your agent to present when you make the seller an offer. Remember, all seller's want to know that you are qualified and serious. 
5. You will need to be positioned properly to move forward. You may want to have several properties in mind when considering your move: In the current marketplace there is no shortage of inventory! Ask your agent to provide you with selections that may work for your family. With the ease of the Internet, you will be able to preview homes online while your home is marketed.