Uploaded on Mar 4, 2025
Before we dive into these strategies, there’s one important thing to keep in mind: these options are designed to help you be more competitive as a buyer when purchasing your next home. Learn More: https://www.orianashea.com
3 SMART STRATEGIES FOR SELLING YOUR HOME AND MAKING A SEAMLESS MOVE
3 SMART
STRATEGIES FOR
SELLING YOUR
HOME AND MAKING
BAefo reS we EdiveA intoM thesLe sEtrateSgieSs, th eMre’s oOne imVporEtant
thing to keep in mind: these options are designed to help
you be more competitive as a buyer when purchasing your
next home.
Visit US
www.orianashea.com
About US
The Oriana Shea Group represents the
region's finest properties in Long Beach and
the surrounding area with exceptional skills
using the most innovative technologies
currently available. The Oriana Shea Group
offers ultimate privacy and security, speed,
and efficiency. Their years of full-time
experience have given them a clear
understanding of the mindset of home buyers
and sellers and a thorough understanding of
the regional marketplace.
www.orianashea.com
Strategy 1
List Your Home Contingent on
Finding Your Next Property
This is a very popular approach and one I’ve
successfully used with many of my sellers. Here’s how it
works:
You list your Homes for Sale Rossmoor, but the sale
is contingent upon you finding and securing your next
home (often referred to as your “upleg”). To make this
work, we add specific addendums to your purchase
contract to clearly outline this contingency for buyers
and their agents. This gives you the time and flexibility
you need to find your next home.
www.simpletankservices.com
Strategy 2
Utilize a HELOC (Home Equity Line of
If you have enCorugehd eiqtu)ity in your current home and you qualify for two loans, this is another
excellent option. Here’s how it works:
• You open a HELOC using the equity in your current home to fund the down payment on your
next home.
• With the HELOC in place, you shop for your new home and get it into escrow.
• Once your new home is in escrow, you list your current home for sale.
• During the closing process, you pay off both your original mortgage and the HELOC.
However, keep in mind that you may need to make two mortgage payments for a month, depending
on how quickly your home sells.
www.orianashea.com
Strategy 3
Consider a Bridge Loan
If you don’t qualify for two mortgages, the HELOC option may not be
feasible. But there’s another option: a bridge loan.
• A bridge loan allows you to use the equity in your current home to
purchase your next one without the burden of managing two
mortgages and a HELOC. Here’s how it works:
• You take out a bridge loan to “bridge” the gap between your old
home and your new one.
• This type of loan typically comes with a higher interest rate at
first, but you’re only committed to it for a short period.
• After selling your current home, you can refinance into a lower
interest rate on your new home.
• While this option requires a commitment to sell your current
home within a specific time frame, it’s a great way to make a
move without feeling squeezed by multiple mortgages.
Which Option Is Right for You?
Each of these strategies has its pros and cons,
and the best choice depends on your unique
situation. If you’re not sure which option is right
for you, I’d love to help. Let’s chat!
Check out my YouTube video "How to Sell and
Buy a House at the Same Time"
www.orianashea.com
Get in
Touch Contact US
Contact us to get more info
[email protected]
5534 E 7th St, Long Beach, CA 90804,
United States
562-477-3388
www.orianashea.com
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FOR
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