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

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 

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