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Sandy Erickson Real Estate Team Blog

Thursday, February 24, 2022   /   by Brittany Aspenson

How Do I Make a Non-Contingent Offer When I Need to Sell?

Here are some options for making an offer while you have a home to sell.

Many people think they have to list their home and sell it to make an offer on a new one. It can be overwhelming and scary, especially in this low-inventory market. However, there are ways you can make a non-contingent offer on a home even if you still have a house to sell.
The first option is to go to a bank and see if you can qualify for two mortgages at once. The money from the down payment can come from equity, via a bridge loan or HELOC or savings. Often, clients are concerned that they may not have access to their full down payment, and that’s ok. The loan can be recast at a later date to include all the equity that’s there.
The second option is for those who don’t qualify for two mortgages. For the properties that qualify, an instant cash offer from an iBuyer or our home swap program can provide you with the executed purchase agreement on your current property, which is necessary t ...

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  buyer's, home selling, home buyer tips, buyer questions

Tuesday, February 8, 2022   /   by Brittany Aspenson

How You Can Buy While You Own a Home

Three methods to buy your next house while you still own your old home.

How do I buy a home when I still own a home? I get this question a lot, especially in this market. Prices are high, and inventory is low, which can cause some people to put their moving plans on hold. But it shouldn't! There have always been three good ways to buy a house while you still own a home. Let’s talk about them today.

You can watch the full message above, or you can skip to each section using the timestamps provided below: 

0:00 — Introducing today’s topic

0:58 — Method No. 1: Make a contingent offer on your home sale

1:37 — You might have to buy high and sell low

2:45 — Method No. 2: Make an offer contingent on your closing

4:31 — Method No. 3: Make a non-contingent offer

5:26 — The downsides to non-contingent offers

6:07 — Final thoughts and our seller success toolkit

I hope these three method. ...

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  buyer's, home buyer tips

Monday, January 24, 2022   /   by Brittany Aspenson

Buy First, Sell Later...it IS Possible!

We know the idea of buying another home when you have a home to sell can feel overwhelming... especially in this low inventory market. We want to share some exciting news with you that we have financing tools that are not only effective, but convenient!
Our Home Swap option provides homeowners who qualify (and MANY do!) the ability to buy their next home without their current home being sold yet. Our Refresh program offers cash assistance to help if your current home needs work prior to listing. And we also can facilitate a CASH OFFER for those looking to make the process super simple! Finally, our Multiple Offer Strategy will ensure selling at the highest price in this Seller's Market. 
These options help alleviate the fear and challenge of listing your home then trying to compete for the next, all within a designated time frame. You can't go wrong! It's an amazing opportunity if you are looking to MOVE and take advantage of historically low interest rates.
In this market, it ...

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  home selling, selling house tips, moving, top realtor in twin cities, best real estate agent, sellers market

Thursday, January 20, 2022   /   by Client Care Coordinator


The 4 Reasons to Sell your house in the Winter are simple.

1.  Supply - There are fewer sellers willing to sell their home during the cold weather months, so you have less competition.  The highest influx of your competition generally runs from February through July, so smart home sellers list when competition is low.
2.  Less Work for You! - Properly preparing your home for sale requires a lot of work up front.  During the peak real estate season, your first impression is the curb appeal and font yard.  During the Winter, there is much less to prepare and maintain.  While it's still important to give your home nice curb appeal in all seasons, there will be no landscaping or lawn care to worry about.
3.  Serious Buyers! - Spring and Summer buyer's include many "Window Shoppers", which means you must leave your home for every showing and open house.  That is the biggest inconvenience to sellers while their home is for sale.  During t. ...

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  home selling, seller's, selling house tips, top realtor in twin cities, best real estate agent, sellers market, selling a condo, selling a townhome

Wednesday, January 12, 2022   /   by Brittany Aspenson

Your Top 5 Priorities If You Want To Buy Your First Home in 2022

If you're looking to make buying your first home your biggest goal this year, it’s crucial that you lay the groundwork as early as you can. And it’s important, especially in today’s competitive housing market.

Fortunately, there are some pretty simple but huge steps you can take to get into the home-buying game on a strong footing. By understanding the ins and outs of the process and doing as much preparation, you’ll be empowered to make the best decisions to be able to purchase your dream home.

1. Educate yourself about the home buying process.
There are many avenues where buyers, especially first-time buyers, can educate themselves about home buying and homeownership. You can start with various credible online articles, real estate blogs, and enroll in homebuyer education programs and courses usually offered by the government and other housing counseling agencies.
Educating yourself will help you become confident in your decision-making ...

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  buyer's, home buyer tips, buyer questions, moving, first time homebuyer

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Sandy Erickson Real Estate Team - Realty Group LLC are marked with the Broker ReciprocitySM logo or the Broker Reciprocity and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2022Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated June 24, 2022
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