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Selling your house in this market? Keep these points in mind.

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To say we are in a sellers market is surely not news to you. In fact, you’re thinking of taking advantage of the unprecedented demand and putting your house up for sale. If so, keep the following in mind when reviewing offers:

  • If you are planning to buy another house with your proceeds, you will want a contingency allowing you to not only find suitable replacement housing, but also a simultaneous closing.

  • Make sure you have enough time to find another home. You’re getting a great price because there are few houses on the market and buyers are putting in very competitive bids.

  • If you get an offer beyond your wildest dreams and your buyer is taking out a mortgage, be aware that the appraisal may come in lower than the sales price. You can work with your realtor and attorney to include appraisal options in the accepted offer.

Don’t accept an offer that won’t work for you - discuss the above with your realtor and run your offer by an experienced team like Levine Law before you sign. Give us a call at (413) 525-5757 or visit www.levinelawma.com today.

Josh Levine