Selling your apartment to buy another can be an exciting process and full of possibilities, but it can also be overwhelming if you don’t know where to start. At our team of real estate experts, we understand the importance of each step in this journey and are here to guide you through the process efficiently and successfully.
Steps to sell your apartment and buy and other
Market evaluation
The first critical step in selling your apartment is to conduct a thorough evaluation of the real estate market. Our highly qualified professionals analyze current trends, sales comparables and other factors to determine the fair price for your property. This is essential to attract potential customers and ensure you get the best value possible.
Impeccable presentation
An impeccable presentation of your apartment is essential to attract potential buyers. At 1Mast we make sure your property stands out through professional photographs and videos, with detailed descriptions and highlighting the unique features that make it special.
Digital Marketing Strategy
In today’s world, digital marketing plays a vital role in selling properties. Hire a real estate agency that uses advanced SEO and social media marketing strategies to increase the visibility of your apartment online. This will not only attract more potential buyers, but will also improve your listing’s position in Google search results.
Legal and financial advice
Having legal and financial advice is crucial throughout the process. Our real estate experts work closely with lawyers and financial advisors to ensure that all transactions are safe and efficient. In addition, we provide you with specific advice on managing the existing mortgage if your current property has one.
What happens if the home has a mortgage?
If your home has a mortgage, it is important to approach this aspect carefully and strategically. The most common thing is to use the money from the sale to pay the outstanding mortgage debt, although another option is to carry out a bridge mortgage, in which the mortgage is transferred to the new home once the sale of the apartment is closed.
At 1Mast, we have experience in negotiating with financial entities and we can help you find the best options to transfer or pay off your mortgage when selling your apartment.
To guarantee a smooth transition between the sale of your apartment and the purchase of another, we coordinate simultaneous closings. This involves synchronizing the closing times of both transactions, ensuring that you have the necessary funds for the purchase of your new property without a hitch.
In short, selling your apartment to buy another can be a hassle-free process when you have the right guidance. At our team, we are proud to offer a comprehensive approach that ranges from market assessment to expert mortgage management. Trust us to make this exciting trip a successful and hassle-free experience.
