HomeBuyer Hustle Real Talk

Selling & Buying a home at the same time with Cindi Rice

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People often wonder, should I sell first and then buy? Or should I purchase my new home first before selling? Welcome to Part V of our real estate professional guest series. Cindi Rice joins me again from John L. Scott/The Madrona Group. Today we’re sharing some of the tactics and strategies you can use to proceed with both transactions simultaneously. 

The Homebuyer Hustle podcast is hosted by Cameron D’Avis, a loan originator with 20 years of experience. In each episode, Cameron discusses topics that can help anyone buying a home - from first-timers to seasoned investors. Cameron walks you through the pre-approval process, selection of your first home, things you should avoid, and other important topics from a real estate professional’s perspective. Podcast guests will include industry pros - CPA’s, appraisers, title reps, and home inspectors, sharing their experiences and insights. 

Discussion Points:

  • The logistics of overlapping the sale and purchase
  • Fully underwritten pre-approval using the sales contract 
  • Buyer can borrow off of a projected, completed sale
  • What you can do if your buyer falls through
  • Utilizing your investment accounts as a bridge loan
  • ‘Hot homes’ - fully move-in ready homes get a higher price
  • Renovation loans
  • As always, buy now, date the rate, refi later
  • Reach out with any questions or comments!

    • Resources:

    Cindi Rice LinkedIn

     

    The Madrona Group 

     

    Cameron D’Avis Profile 

     

    Contact Cameron 

     

    Subscribe to my Youtube Channel

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    HomeBuyer Hustle Real TalkBy Cameron D'Avis