So, you have owned your home in the Metro area for a number of years now in this wonderful Denver Market, and you have acquired a large amount of equity in your home. It is exciting, you made a wise investment, but you need to make a move -- whether you are looking for a move-up home, or the kids have grown and gone and it's time to downsize, your home just doesn’t fit your lifestyle anymore.
You want to move, but you hear about the cRaZy Colorado market and how it is hard to find that perfect net home. And, you don’t want to sell your home and find yourself homeless! I have the answer for you, introducing the Sellers Protection Program.
Sellers Protection Program
It IS a Seller's market, so when listing your home we will ask that the buyer accept a Post Occupancy Agreement: A post-closing occupancy agreement is when a seller retains occupancy of the property for up to 60 days after closing occurs. (You rent your own home back from the new homeowner.) This is an extra 2 months to find and close on your new property.
If you want to take the Protection Program to the next level, we can also include a contingency that you will identify and be Under Contract on your next home before we will move forward to closing. Usually, we will put a 30-60 day timeframe on this contingency as well - and if we are unable to find that property within that time frame the Contract to Sell will be terminated.
Obviously, the advantages to using a strategy like this is making sure that you aren’t rushed, worried, and potentially homeless between moves.
This might limit the number of offers you could receive on your home, because not all buyers have the time frame and flexibility to offer a rent-back and next-purchase contingency. It could also prevent you from getting top dollar offers, but, for your peace of mind...it might be worth it.
If you want to learn more about how I can help you sell your home for top dollar, and in your ideal time frame, give me a call: Corey Frith @ 303.931.9028.