In the hot market here in Vancouver, homes that are priced to sell are literally flying off of MLS in record breaking speed. Homes that were put up for sale have gone into multiple offers hours after being posted. Subjects are being waived and closing dates are quickly looming. This scenario isn't uncommon these days, and can be quite intimidating if you're not sure what your next move is. Here are some ideas to make it a little bit easier to handle if you've sold your house rather quickly and are looking for your next home.
1. Rent back from the new owners
This is a good option if you know your home is slated for demolition or is an income property to the new buyers. Generally you can work it out in your contract of sale that you have an interest in staying after the closing date and what that will look like.
2. Get a great realtor
Having someone on your side that's dedicated to finding you your next perfect home within your parameters is paramount to your situation. They'll be able to tailor their search, call the right contacts and get you into the place you need to be.
3. Consider renting for a while
Your dream home is out there - but it might take a little longer to secure! Consider a short term rental to give yourself a bit more time to decide where you want to end up. This might be beneficial as well - you could pick a different neighborhood and give it a test drive!
Wondering if these might work for you? Give us a shout and we can advise you on what's best for your next move!