Six Costly Errors When Moving to a Larger Home

Unlike the experience of buying a first home, when you’re looking to move-up, and already own a home, there are certain factors that can complicate the situation. It’s very important for you to consider these issues before you list your home for sale. Not only is there the issue of financing to consider, but you also have to sell your present home at exactly the right time in order to avoid either the financial burden of owning two homes or, just as bad, the dilemma of having no place to live during the gap between closings.

In this report, we outline the six most common mistakes homeowners make when moving to a larger home. Knowledge of these six mistakes, and the strategies to overcome them, will help you make informed choices before you put your existing home on the market.

Six Costly Errors When Moving to a Larger Home

1. Rose-coloured glasses
2. Failing to make necessary improvements
3. Not selling first
4. Failing to get a preapproved mortgage
5. Getting caught in the “Real Estate Catch 22”
6. Failing to coordinate closings
 

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