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An informational source for people who are relocating, with a particular focus on moving to the Carlsbad area of North County San Diego (and nearby coastal communities), with advice, guidance and true stories to help you on your way and make it a great journey, from a REALTOR� with plenty of personal (4 major moves, most recently from Boston to Carlsbad, California) and professional relocation experience. Are you running into problems selling your home? Need to find a new one quickly? Never moved before and haven't a clue? You'll find some great tips on how to solve your relocation issues here. Or ask me a question any time and I'll share some solutions or tell you where to get more information. CA DRE License #01490977


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Carlsbad Sellers - Get Pre-Approved NOW

If you are selling your home in Carlsbad (or anywhere) and planning to buy another one as part of your relocation, it is important that you get pre-approved.
 
Why me, you might ask? I am going to have equity from my home. Why do I need to worry about this?
 
Just like any other buyer, unless you have all the cash needed to purchase in your new location, you should be pre-approved. This is even more critical now, since there have been so many changes in the lending practices, a tightening of the lending programs with stricter requirements, and changes in the interest rates.
 
Even if you got pre-approved a month ago, or perhaps even a week or so, I would strongly suggest you double-check to make sure you are still qualified with the planned sale of your home. Plus you need to factor in that you might NOT get as much from your home as you hoped for, or perhaps decide to take a lesser amount in order to get on with your life.
 
I know of a recent seller who had a home in escrow, but found out she could not purchase what she had planned, so she decided to back out of her sale. Depending on the circumstances of YOUR contract, this course of action can have financial implications for you as well if backing out is viewed as a breach of contract by the buyer.
 
So do your due diligence and check now. Don’t get caught unawares and have your plans foiled.
 
Start YOUR CARLSBAD HOMES SEARCH HERE (and other San Diego communities too)
 

Posted: 8:47 AM, Aug. 24, 2007		 Comments (1) | Add Comment | Link
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re: Carlsbad Sellers - Get Pre-Approved NOW

Hey thanks, Jason. Share away. I think it's a pretty important thing to think about in this market.


Posted by Jeff Dowler at 5:07 PM, Aug. 27, 2007
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