Need More Space? Upsize to Your Dream Home Today!

Whether you're outgrowing your current home or just ready for something bigger, we’re here to make your next move easy and stress-free.

Welcome to Your Upsizing Journey!

If you’re outgrowing your current home, expanding your family, or just need more room to breathe, we’re here to make your upsizing journey smooth and hassle-free. Our team understands the complexities of upsizing and will guide you every step of the way, ensuring the process is seamless, stress-free, and tailored to your unique needs. We’ll help you sell your current home and find the perfect new space, whether you’re looking for extra bedrooms, a bigger yard, or simply more room to grow.

Your Next Steps: Navigating the Buying and Selling Process with Ease

Scenario 1: Sell First, Buy Next
In this scenario, you sell your current home before purchasing your new, larger one. This approach gives you financial clarity and allows you to know exactly what you can afford for your next home. We specialize in coordinating the sale and purchase for a seamless transition, so there’s no need for temporary housing unless it’s your preference—like when you’re building a new home. Our team will ensure everything lines up perfectly, so you can move from one home to the next with ease and peace of mind.

Scenario 2: Buy First, Sell Next
In this scenario, you purchase your new, larger home before selling your current one. This approach offers you the advantage of taking your time to find the perfect home without the pressure of selling first. It also allows you to move at your own pace. However, managing two properties temporarily may require additional planning. Our team can guide you through the financing options, including bridge loans, and help you prepare your current home for sale to minimize the overlap and get it sold quickly, ensuring a smooth transition..

 

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Broker Andika Duncan

About Andika

Andika Duncan, a seasoned real estate broker and owner of Showstopper Realty offers a comprehensive service from McKinney, Texas. Not only does she help clients buy and sell residential properties, but she also excels as a professional photographer and a successful author. Her hands-on approach means she personally tailors the marketing of each property, making every experience unique, stress-free, and satisfying.

Andika uses her in-depth knowledge of the North Texas market to negotiate effectively on your behalf, whether you’re buying your first home, securing your dream home, or selling. She’s always available to ensure you’re confident and informed throughout your real estate journey, while her award-winning books provide further insights into the industry. With Andika, you can be sure you’re in the best hands.

IT ALL STARTS WITH A SIMPLE CONVERSATION

Ready to get the ball rolling on buying or selling your next property? The next step is to schedule a consultation with me.

Your questions answered

Top 10 Questions About Upsizing: Navigating the Process and Transactions with Confidence

Buying and selling at the same time can feel overwhelming, but we take care of the details. We’ll manage both transactions, from pricing and listing your current home to negotiating the best terms for your new one. Our team will handle the contracts, coordinate with all involved parties, and oversee inspections and appraisals to keep both deals moving forward. With our expertise, we minimize the stress and keep the process organized so you can focus on preparing for your new home.

The decision to upsize depends on several factors, including your current family or lifestyle needs, financial situation, and market conditions. If you find yourself needing more space for a growing family, home office, or hobbies, it may be time to upsize. Our team will assess your current home’s market value, interest rates, and the availability of homes that meet your criteria to determine if now is the right time to make the move.

Selling first gives you a clear understanding of your budget for the new home and avoids the financial pressure of managing two mortgages. However, buying first allows you to take your time to find the right home without the stress of moving quickly. We’ll evaluate your financial standing and risk tolerance to help you decide which option aligns with your goals. Our team can coordinate both transactions to ensure smooth transitions, and we’ll discuss temporary housing options if needed.

Coordinating both the sale of your current home and the purchase of a new one requires careful planning and timing. Our team will help you synchronize the closing dates, negotiate contingencies, and manage inspections to ensure everything lines up perfectly. We’ll also handle communication with all parties involved—buyers, sellers, and lenders, title companies—so you can focus on packing and moving without worrying about the logistics. Temporary housing can be avoided by negotiating a rent-back agreement with the buyer of your current home or adjusting the timeline for moving into your new home.

Upsizing doesn’t have to mean overextending yourself financially. We’ll help you calculate how much equity you’ve built in your current home and estimate how much you could make from its sale. Additionally, your lender will assist in determining your budget through the pre-approval process, which reviews your income, debt, and credit. This way, you can look for homes that fit both your space and financial needs. We also consider other costs like property taxes, insurance, and maintenance to ensure the larger home is a comfortable long-term investment.

When upsizing, you may qualify for several financing options, depending on your financial situation. You could use a traditional mortgage, leveraging the equity from your current home as a down payment. If you’re looking to purchase a high-value property, you may also qualify for a jumbo loan, which allows for larger mortgage amounts that exceed the limits of conventional loans. If you need to buy before selling, a bridge loan could help cover the cost of your new home while you wait for the sale of your current home to finalize. We work closely with mortgage professionals to explore the best options for you, ensuring a smooth financial transition.

Preparing your home for sale is critical to attracting buyers and getting the best price. We provide expert guidance on cleaning, decluttering, and staging your home to highlight its strengths. Additionally, we’ll recommend any necessary repairs or upgrades that can increase its value. With our knowledge of the local market, we’ll help you price your home competitively to sell quickly, without leaving money on the table. Professional photography, virtual tours, and strategic marketing will ensure your home stands out to buyers.

Upsizing means more than just square footage. We’ll help you focus on homes that meet your unique needs, whether it’s more bedrooms for a growing family, a home office for remote work, or a bigger yard for outdoor activities. We’ll also help you consider the long-term benefits of your new home, such as neighborhood amenities, schools, and future resale value. Our goal is to find a home that not only fits your space needs today but will continue to meet your and/or your family’s needs for years to come.

The timeline for upsizing varies depending on several factors, such as how quickly your current home sells and how long it takes to find the right new home. Generally, you can expect the process to take anywhere from a few weeks to a few months. We’ll work with you to create a realistic timeline, factoring in market conditions, the time it takes to prepare your home for sale, and the availability of homes that match your criteria. Throughout the process, we’ll keep you informed and ensure everything moves as smoothly and efficiently as possible.

If you’re building a new home, we can help coordinate the sale of your current home so the timing works in your favor. You’ll want to sell your current home close to when your new home is finished to avoid temporary housing, though we can help arrange it if necessary. Throughout the building process, we’ll assist with inspections, monitor construction timelines, and ensure everything stays on track. If you need extra time in your current home, we can help negotiate lease-back agreements or flexible moving terms with the buyer.