Moving up the Property Ladder is a great time in your life. As your circumstances change, so will your housing requirements. You may need more space or wish to live in a different area. In this scenario, you will be both a Seller and a Buyer and both scenarios come with their own set of processes.
Some people prefer to sell first and then buy and some prefer to do things the other way around. There are pros and cons for both and you should discuss these with your Realtor®.
Your current home should be evaluated to get an idea of what it might sell for. The next step is to talk to your mortgage provider to determine what you can afford to buy in a new home.
From here the Buying process is the same as it is for a First Time Buyer – but things may have changed a lot since you bought your first home!
The selling process starts with preparing your home for sale – and this involves some work on your part. Your Realtor® knows what Buyers are looking for and will make appropriate suggestions as to what should be done to your home to show it in its best light possible and to get the best value for you.
There is a lot of information available on the internet, but I much prefer to talk with potential and existing clients face to face. My real estate experience speaks for itself and I can help you move up the property ladder with minimum stress and hopefully even make it an enjoyable experience!
From Kris' Blog
Temperatures may be falling, but the Ottawa real estate market is thriving! Members of the Ottawa Real Estate Board sold 1,243 residential properties in October through the Board’s Multiple Listing Service® System, compared with 1,214 in October 2016, an increase of 2.3%. The five-year average for October sales is 1,165. Condominium sales are up 21.4% ...