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Episode 12: Buy First or Sell First? Navigating the Real Estate Dilemma
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In Episode 12 of Property Mama, Wendy Chamberlain tackles one of the most common dilemmas in real estate: whether to buy or sell first. With nearly 30 years of experience, Wendy shares insightful stories, expert advice, and real-life examples to help you make the best decision for your unique situation. Discover the risks and benefits of each approach and learn how to navigate the complexities of the market with confidence.
Key Moments:
- Market Dynamics: Wendy explains how market conditions can influence whether you should buy or sell first, using the story of a family friend who missed out on buying back into a rising market.
- Personal Situations: The importance of having a place to go if you sell first, and how this can affect your decision-making process.
- Bridging Finance: The challenges of managing two mortgages if you decide to buy before selling.
- Real-Life Example: A client’s journey through a tricky market, including a compelling offer from a motivated pregnant couple that was ultimately declined.
- Auction Insights: The unpredictable nature of auction campaigns and the impact of buyer interest fluctuating throughout the process.
- Complex Transactions: A detailed account of coordinating multiple sales and purchases involving license agreements and the stress of delayed settlements.
Tune in to this episode for practical advice and Wendy's invaluable tips on timing your real estate transactions perfectly to avoid common pitfalls and maximize your success.
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🏷️ Real estate market trends, property investment strategies, first-time homebuyers, off-market listings, buyers advocates, property inspections, real estate negotiations, home staging tips, mortgage options, property valuation, housing market analysis, real estate agents, selling strategies, real estate contracts, closing process, property management, rental properties, investment properties, real estate portfolio, home equity, property taxes, housing market forecast, real estate marketing, property appraisal, and real estate regulations.
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