Trusted Realtors in Boise, ID

Have an open discussion with your agent about the current property market. The biggest benefit of selling your current home first is that you will be in a stronger position, and an attractive prospect to any seller as your offer will not be contingent on your own property selling. | You do run the risk of not finding a new property and having nowhere to live. It may be possible to negotiate a "rent-back" period, where you stay in your old house and effectively pay the new owner's mortgage for an agreed period. A long settlement or temporary accommodation may be possible. | Alternatively, buying first gives you the security of knowing where you are going. But your offer will be contingent on selling your own property, and if you can't meet the required deadline you risk the disappointment of losing the sale altogether. This is riskier for the seller, which puts you in a weaker position if there are multiple offers.

Considering not using an agent is most often based on concerns over the cost of paying a commission. However, in most cases, it is the home seller who pays the real estate fees, not the home buyer.

Don't make assumptions. Ask about the age of the furnace, water heater, or air conditioning unit. Check on alliances that are to be included in the sale. Owners often know the age and condition of the roof, but it may pay to have it checked for sagging or damage.

The 'life of the offer' can vary from hours to several days. Your agent will know what's most appropriate. For a new listing in a competitive market, it may only be 12 hours. For a property that has been on the market for some time, it may be a 2-3 day time frame.

You have the option to view the house 24 hours before closing. While this is not required, it is highly recommended. The purpose is to confirm that the property is still in the condition you expect, that repair contingencies have been completed, and everything that is agreed to is still in the property (i.e. appliances). | You are about to spend a great deal of money, so take the opportunity to be completely satisfied. Also during your walk-through check that the furnace is working, all the toilets are flushing, and that there is hot water.