Buy And Sell Homes At The Same Time

Silicon Valley Real Estate | JLee Realty

Whether you are a move-up buyer, an empty nester looking to downsize, wanting to move to an area with better schools, or wanting to buy and sell at the same time for any reason, I have published several real estate trends which will help you understand your choices and your strategy.

How I Can Help You Buy and Sell Homes At The Same Time

Buying a new home can be challenging when you want to sell your current home at the same time. There is no fixed formula how to be successful and how to minimize risk. The best strategy will depend upon many factors:

  1. The difficulty of finding and making a successful offer on the home you want.
  2. How difficult it will be to find a buyer for your current home and how long it will take the buyer to close escrow.
  3. Whether you need to, or want, to use the money from the sale of your current home to buy your desired home.
  4. How difficult it will be for you to get a mortgage to purchase your new home.
  5. The cost of a bridge loan.

In all instances below I represented my clients to both sell their home and buy a new home.


Moving To A Larger Home In Palo Alto

The owners wanted to first find a better house, then sell their house to partially pay for it. We helped them find a house, negotiated a 60 day close of escrow, and negotiated a purchase $200,000 below list price. We put their existing house up for sale, quickly got multiple offers, and negotiated that they could stay in it for 45 days enabling them to move directly from their old home to their new home.

Want To Sell

Want to sell 1120 Middlefield Rd

1120 Middlefield Rd, Palo Alto

Want To Buy

Want to buy 1437 Hamilton Ave

1437 Hamilton Ave, Palo Alto


Moving From Mountain View To A Larger Home In Cupertino

Clients wanted to sell and close escrow on the home they were living in before buying. We were able to sell they home with 60 days rent back, giving them time to find their dream home and move directly from their old home to their new home. We negotiated the purchase of their dream home, getting a purchase price $195k under list price. They closed escrow with about 10 days remaining on their rent back of their old home.

Want To Sell

Want to sell 932 Tulane Dr

932 Tulane Dr, Mountain View

Want To Buy

Want to buy 21131 Canyon Oak Way

21131 Canyon Oak Way, Cupertino


Moving From Redwood City To San Carlos

With the help of Juliana and her team, I was able to close the sale of my old property and the purchase of a new one within three weeks of each other. If not for the team's competent and meticulous handling of everything, the challenging double transaction could not have been pulled off with such efficiency and smoothness. It was a pleasure working with Juliana's team, especially Tina and Sharon. Thanks!

Want To Sell

Want to sell 1126 Brewster Ave

1126 Brewster Ave, Redwood City

Want To Buy

Want to buy 2 Elm Street

2 Elm Street, San Carlos


Moving To A Beautiful New Luxury Home in Cupertino

Sold 2 homes, one in Cupertino and one in MV, to buy a SFH in Cupertino. Our clients wanted to buy a brand new luxury home in Cupertino. They weren't certain how to do it. We alerted them to the likely benefit of using a 1031 exchange from their current investment home to the cottage in the back of the new home. We negotiated a 60 day close of escrow to sell their homes. We sold their primary home with a rent back making their move easy.

Want To Sell

Want to sell 20599 Scofield Dr,

20599 Scofield Dr, Cupertino

Want To Buy

Want to buy 812 22430 Cupertino Rd

22430 Cupertino Rd, Cupertino


Moving To A Larger Home In Redwood Shores

In this instance the owners were mostly concerned about finding the right home and making a succesful offer on it. I connected them with a lender who could assist them with their situation. After searching for 6 months they made a successful purchase offer. I sold their condo in 7 days.

Want To Sell

Want to sell 104 Mendocino Way

104 Mendocino Way, Redwood Shores

Want To Buy

Want to buy 812 Corriente Point Dr

812 Corriente Point Rd, Redwood Shores


Moving From Redwood Shores To Los Altos

The owners wanted to move to a large Los Altos home with excellent schools. When I presented their purchase offer I included the listing agreement I had for selling their Redwood Shores townhouse. The sellers agreed to having 60 days to close escrow. Their purchase offer was successful even with the reduced price. During the next 3 weeks I prepared their townhouse for sale. I sold it in 1 week and arranged for a 7 day rent back. The owners were able to move directly from their Redwood Shores townhouse to their new Los Altos home.

Want To Sell

Want to sell their current Redwood Shores house

3002 Whisperwave Cir, Redwood Shores

Want To Buy

Want to buy a Los Altos home

1626 Christina Dr, Los Altos


Purchase a Los Altos Hills Luxury Home, Decide to Sell their investment property

The owners found a beautiful Los Altos Hills home they wanted to purchase. During escrow they discovered it would be advantageous to sell their investment property to raise cash. Their Sunnyvale property was tenent occupied and quite cluttered. I widely promoted their property, they received multiple offers, and accepted an all cash offer 4 days after I listed their investment property for sale on the MLS.

Want To Sell

Decided to sell their investment property

406 Hogarth Ter, Sunnyvale

Want To Buy

Want to buy a luxury home in Los Altos Hills

26856 Almaden Ct, Los Altos Hills


Moving from a townhouse to a single family home

The owners had been unsuccessfully looking for a single family house for 3 years with other realtors. In two weeks I helped them find a beautiful Cambrian single family home they wanted to purchase. After making a successful purchase offer we sold their townhouse.

Want To Sell

Want to sell their townhouse

786 Batista Dr, San Jose

Want To Buy

Want to buy a single family home

5390 Keene Dr, San Jose


Moving from a San Jose single family home to a Sunnyvale single family home

The owners wanted to move to an area having better schools. I connected them with a private investor who gave them a bridge loan enabling them to buy their desired home, then I sold their San Jose home in 30 days.

Want To Sell

Want to sell their townhouse

1678 Andover Ln, San Jose

Want To Buy

Want to buy a single family home

1030 S Mary Ave, Sunnyvale


Moving from a Pacifica to Palo Alto

The owners wanted to from Pacifica to Palo Alto. They tried to use a "Pacifica neighborhood expert" for 3 months before meeting me. I found them a townhouse in Palo Alto within two months. I sold their Pacifica home in a week and a half for a price higher than was asked for by their first realtor.

Want To Sell

Want to move out of Pacifica

223 Bayberry Cir, Pacifica

Want To Buy

Want to buy a home in Palo Alto

1863 Altaire Walk, Palo Alto


Moving from a Palo Alto to a San Jose area they love

The owners wanted to move from a Palo Alto home they had owned for 8 years to a neighborhood in San Jose they loved.

Want To Sell

Want to move from Palo Alto to an area in San Jose they love

1321 Hopkins Ave, Palo Alto

Want To Buy

Want to buy a single family home in an area they love

1035 Corvette Dr, San Jose


 

Real Estate Trends Affecting Buy and Sell Strategy

A good first consideration for your sell & purchase strategy is the sales price vs. list price for both your current home and where you intend to buy. If most homes are selling over list price it will be fairly easy to sell but possibly challenging to buy. A second trend to look at is days on market (DOM): how long a home is offered for sale before a purchase offer is accepted. Both price range and season affect days on market in most neighborhoods.

After looking at these trends you can make an educated judgement about what would be reasonable to expect. Next you want to talk to an experienced top agent who can turn your desires into reality such as myself, Juliana Lee, to get advice.

Palo Alto Real Estate Agent Juliana Lee

Juliana Lee MBA LLB

650-857-1000
homes@julianalee.com

 

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