What To Do When You Need To Buy A Home Before You Sell

Trapped between homes? You're not alone. Today we tackle what might be the single most challenging obstacle in real estate: how to sell your current home and buy your next one without getting caught in financial quicksand.The numbers tell a sobering story. The average mortgage payment in Washington County has skyrocketed from $1,443 in 2021 to $3,200 today. This dramatic jump means homeowners need substantially more capital to make their next move than ever before – often hundreds of thousands in equity that's locked in their current property.Joined by mortgage expert Chantry Abbott from Guild Mortgage, we explore why traditional solutions fall short. Contingent offers get rejected. Bridge loans saddle you with potentially three separate payments. Home equity lines become interest-rate traps. For seniors transitioning to assisted living, empty nesters downsizing, or families eyeing that perfect new construction home that won't wait, these challenges can seem insurmountable.That's why we're excited to share our Certified Pre-Owned (CPO) program – a revolutionary approach that eliminates the stress of simultaneous transactions. Our partnership group buys you out of your current home at fair market value, giving you immediate cash to move forward. We then professionally improve the property and sell it at a premium, with you receiving the enhanced proceeds minus a reasonable service fee.The results speak for themselves. Homeowners avoid DIY improvement mistakes, maximize their property's value through targeted professional upgrades, and most importantly, escape the mental and financial strain of being caught between properties. We're seeing clients consistently come out ahead financially while enjoying a genuinely stress-free transition.Guest: Chantry Abbott with Guild MortgageWebpage: https://branches.guildmortgage.com/ut/stgeorge/chantry-abbott-521-sgcab.htmlHave other questions about living in, moving to, or visiting St. George and Southern Utah? Just ask! P. 435-291-5443E. [email protected]: www.GoStGeorge.comInsta: https://www.instagram.com/larkingroupFB: https://www.facebook.com/StGeorgeExperts🌟 Who? Jeremy Larkin was born and raised in St. George, Utah and is the owner of The Larkin Group Real Estate Advisors.📍 Where? Washington and Iron County, Utah, including, but not limited to St. George, Washington City, Ivins, Santa Clara, Hurricane, LaVerkin, Toquerville, Cedar City and Parowan. 💈  What?  Jeremy and his team of expert advisors at The Larkin Group walk the best clients in the world through the brain surgery of Buying, Selling and Investing Southern Utah Real Estate! And perhaps more importantly, they LOVE this community and pouring their heart and soul into it!📻  Tune in! Jeremy is the host of The "St. George Real Estate Morning" Drive radio show 94.9 FM / 890 AM. You can stream the weekly program Thursdays at 8:35 AM here: https://tinyurl.com/radiorealestate   🙏 Give: The St. George Basket Brigade feeds 200+ families every Thanksgiving and supports local families, students and schools through organizations like Tan's Treats. Learn more and give at http://stgeorgebasketbrigade.org/🔍  SEARCH ALL HOMES AND LAND in Washington County https://www.gostgeorge.com/ 🔗 CHECK YOUR CURRENT HOME EQUITY @ https://www.gostgeorge.com/homevalue#podcast #realestate #thelarkingroup #americancity #investing #saintgeorgeutah #stgeorgeutah [00:00:00] Intro.[00:05:25] Rising Housing Costs and Payment Shock.[00:08:30] Traditional Solutions and Their Problems. [00:12:45] Certified Pre-Owned: A Stress-Free Alternative.[00:17:10] Maximizing Your Home's Value Professionally.[00:22:15] Why Talking to a Lender First Matters.