It’s a great time to upgrade in Perth, but with many sellers having to sell their existing home to obtain finance for their next purchase, a question hangs over their head…
When it comes to finding a new home, should you make a subject to sale offer or hang tight until your home has sold before looking for your new one?
Every situation is unique, but there are certainly some pros and cons to both scenarios. The most practical answer is to wait until your existing home has sold, after all, it’s no secret that it’s easier to shop when you have the finances.
Waiting will also ensure you are not disappointed if the sale of your home takes longer than expected (which very likely in this market), or worse, falls through after you’ve put the subject to sale offer on your dream home.
We always recommend you chat to your agent and finance broker to fully understand your situation and possibilities.
Here are some pros and cons of Subject to Sale’ offers…