This is a question we get more than most markets because of the amount of second homes we sell.That answer is yes and no. It all depends on what your financial situation is. A lot of people are hesitant not just financially, but also because they don’t want to be without their cottage up north. In that case, there are ways we can write a purchase agreement, subject to you selling the other home. Or put the home on the market and once you’ve found a buyer and you’re in the process of selling, Then we write that offer. That may be more solid for some sellers and in some markets.
So, “Do we have too?” No you don’t.
“But Is it the best financial move for me?” Well, that’s something that between Huston Real Estate, Your financial advisers, mortgage officers, and yourself; we can come to answer that makes sense for you.