Let’s unpack why it’s important to sell a Randburg property before you buy your next home. This is not a smoke or mirror type thing its all about the suspensive and special conditions on an OTP. It’s a bit like wanting to run before you can walk. Call or click here to send a WhatsApp to Cornerstone Homes for some knowledgeable and trusted property advice on 062 752 6507.
Let’s Unpack The OTP And Your Suspensive Conditions
Firstly, when you sell a Randburg property, the process leading up to taking an offer to purchase or an OTP will result in some pretty transparent timelines that need to be adhered to, meaning you have a certain amount of time in which to sell your home before you can buy or get approved for finance on your next home. Send us a WhatsApp – click here.
Can You Get A Bond Without Selling A Randburg Property?
Chances are you can’t. And you run the risk of falling in love with your next home. To give you an example, the 2nd suspensive condition on OTP is that the property you plan to buy can be bought after your Randburg property is sold, and this normally carries a 3-month period in which to sell. Often, though, in a tough market, leaving yourself 3 months to sell can be extremely tight. Not impossible, but tight.
Could You Lose Your Next Home Because Of Timing?
Yes, this is absolutely possible and often the case, especially in the current market. Before you start looking for your next home, it’s a good idea to at least get your Randburg property onto the market and to see what the response is from the market, and more specifically, the buyers hoping to move into the area. Hopefully, you start to get traction within the first 2 weeks of listing, which is a good sign. Click here to send us a WhatsApp if you need assistance.
When Things Are Not Moving When You List Your Randburg Property For Sale
This could mean 1 of 2 things:
- The market is quiet and I am never going to say that your agent may not have showcased your property perfectly because that’s not how we roll at Cornerstone Homes, but it could mean the market is quiet and there is just not much happening at the moment. This does not mean things won’t change because they will and they always do….
- The 2nd reason could be that your price is not quite right. Could it be that your price is a little high because you are testing, and you are testing at a higher price point? Possibly a little too high? I can promise you that if you tweak the price in line with what buyers will pay, you will get interest in your property. The reports we pull and the experience a seasoned agent has for what the market will pay are proven. The numbers don’t lie.
- If you need a 2nd opinion or some honest Randburg property advice, click here to send us a WhatsApp.
So If You Want To Avoid Disappointment, Sell a Randburg Property First, Then Buy Your Next Home
Without fail, we have seen this so many times, especially with buyers who have lost out on their dream home, not once but twice. That’s just the toughest spot to be in. Get started on the sale of your Randburg property, and at least list your property for sale before making a commitment on your next home.
Do You have Plans to Sell A Randburg Property?
Call Sandy from Sell with Sandy and lead agent for Cornerstone Homes in Randburg on 062 752 6507. Let’s get you started with an accurate property valuation and a number that you can stand on or rely on when you sell. Something that comes close and is a bankable expectation. Remember, Cornerstone Homes guarantees you will net more when you sell a Randburg property with Cornerstone Homes – click here.
Together We Can All Achieve More
Cornerstone Homes is founded on a team approach. We all give gifts, and Cornerstone Homes has learned how to play to the gifts and strengths of our team at Cornerstone Homes. Click here to find out more, and honestly, we know how to market and sell Randburg properties.
Give us a call or click here to send us a WhatsApp on 062 752 6507.
