Welcome to Centers and Squares
As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.
What Can We Do If We Need to Sell to Buy?
Maybe you're thinking it's time to move. Your place is too small, you're ready for a house not a condo, you want a better commute....
Whatever the reason, you're stumped. You need to sell your current home to buy your next home. You know that you should sell first since you need that money to afford your new place. But you're worried. You haven't seen anything come on the market that you liked. Or you did find a place - or two or three - and you took the plunge but lost out in multiple bids.
So you wonder - how can we make this work? What can we do if we need to sell to buy our next home? How can we buy and sell at the same time?
Right now, the Cambridge and Somerville real estate market presents real opportunities for sellers. In many transactions sellers are able to ask for - and get - terms that were uncommon in the past.
Sellers are able to structure the dates in the offer in a way that best works for their plans. Buyers, anxious to pin down a property in a market where there's just not been enough of them to satisfy demand, will often agree to allow the seller to rent back after the closing for a specified period of time. This can allow you time to find a place to purchase and the funds to do so. Other sellers use that time to do renovations on their new home.
Buying your second place typically offers challenges that you didn't encounter as a first-time buyer. Right now, the robust real estate market's making that move a bit easier.
If you'd like to discuss how to make your next move, give me a call at 617-504-1737 or email me at [email protected]
. I look forward to hearing from you! Liz Bolton ReMax Destiny
Leave a Reply