The Gray Guide to Moving Up in Real Estate. GET IT FOR FREE!
by Kasie Gray
The Gray Guide to Moving Up in Real Estate
[Music] Today, we're going to talk about the part of real estate that's not so black and white. This is the full rundown of my guide to moving up, which I call the Gray Guide.
Hi, my name is Kasie Gray. I'm a Realtor, broker associate, and a mom, and I love helping people love where they live. One of the processes in real estate that I absolutely love is the move-up process. You bought the house a few years ago, your family has grown, you're looking for more space, more land, room for your kids to grow, your family to grow, and you have saved up a bunch of equity. You've probably advanced in your career, you are making more, you're saving more, you're spending less, and you're looking to invest in yourself and your future. How do you do that? By moving up. That is what the American dream is all about.
You buy a house, you move up, and you may buy a bigger house and use that equity and continue to build your wealth through real estate. This guide to moving up goes over all of the things you need to know when you are buying and selling at the same time. There are a lot of ins and outs and different options to consider.
About Me
In the guide, you'll find my resume, which talks a bit about me. I got my real estate license in 2016 and my broker license in 2019. Since then, I've sold over $50 million in real estate, and I love helping families, specifically because that's the journey I'm on at the moment.
Financing Options
There are additional financing options if you don't want to sell before you buy:
Bridge Loan: This loan covers the next house using the collateral of selling your current home within a set timeframe.
Home Equity Line of Credit: This option is useful if you decide to rent out your current home. Ensure that your payment is low enough to be covered by the rental income.
Considerations for Transitioning
Current Market: Assess if your house is ready and prepped for a quick sale.
Inventory: Evaluate the inventory in your price bracket.
Two Mortgages: Determine your comfort level with paying two mortgages if you buy first.
Moving Fees: Plan for potential costs if you sell before you buy.
Listing and Buying Process
The listing process with me includes:
Meeting to figure out a price and prep your house for sale.
Listing the property, going through showings, offers, and negotiations.
Finalizing the offer, contract, inspection, and closing details.
The buying process involves:
Getting pre-approved and looking at houses.
Making an offer, acceptance, and starting the timeline.
Completing disclosures, inspection, appraisal, and loan contingencies.
Closing escrow.
Strategic Approach
We aim for a seamless process by having your property picture-ready and listed as "coming soon" on MLS. We write offers on properties you're interested in until one accepts us as contingent on the sale of your current home.
Client Testimonials
My clients have plenty of good things to say about me, so check out my Google reviews. If you're a past client and haven't left a review yet, you know what to do next!
Get this free guide down below and schedule your consultation today. Check out your home's value for free through the link provided. I am honored to have helped many families transition from their current home to their next forever home. Whether it's moving up to a bigger home or downsizing, I'm here to help. If you're considering spreading your wings, even with a low interest rate, it could be a great move for you and your family.
Thank you so much for watching my in-depth look at the Gray Guide, and I will see you in the next video.
