In the ideal era, the minute you put Bangkok house and Condo sales on the market, then you have so much time to find your dream home. You can stay in your home until you find a new one or your buyers will wait patiently until you move into the new one. Unfortunately, maybe you find yourself in a chain because property chains can cause you a headache, so if you are planning for buying and selling your property at the same time make sure you are properly prepared as we can see on Livestream.
When you go out for Phuket home and condo sales, make sure you get a clear valuation of the property. Try to get the valuation from at least three estate agents to get the clear local rates. They will give you the estimation according to your property if you have done a very unique home making then maybe it can add more value to your property. Some agents are famous for giving high values to get your business.
You should figure out your finances before you go searching a new house. Try to figure out how much you can afford on the new property. When you exchange contracts on the property you have to pay the deposit. You should exchange the deposit on the same day when you get the deposit from your buyer to pay to your seller. If your new house is more expensive than the previous home, then you may require more than the deposit you receive from your home. If it is possible for you, make your seller agree for the smaller deposit otherwise you will have to arrange extra cash. Make sure you are financially able to do so.
A mortgage broker can help you find the best solutions including re-mortgaging and porting your mortgage. Property sale can take up to 6 to 12 weeks from having an offer accepted to completion but it can take more time if you are selling in the chain. There can be some delays in the sell. The average sale time in the chain is more than 6 months, so being realistic about your expectations for when your property will sell. Once you have found new property try to consider the work out sums such as what work would need to do on the property and the associated costs, and then consult with your broker.