showing condition. If you’re someone who might struggle to keep your home in turnkey condition for showing purposes — for example, if you have young children — consider vacating before putting the home on the market.
Cons of Moving Out
A vacant home can signal that the homeowner is a “motivated seller” who needs to sell quickly. Consider this example found on an online real estate forum. A buyer saw that a home was vacant and offered $30,000 less than the asking price. The buyer was sold on the home anyway and would have paid more, but “haggling” began well below asking price because the buyer assumed the owner was desperate to sell. Another major con of moving out early is the financial aspects of finding your next place before closing on the current home. Not all homeowners are able to buy the second house first, as holding two mortgages may be too much of a strain on the pocketbook. However, there are options such as bridge loans that may be able to help lighten the load.
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