Episode 16 - Juggling Chainsaws: How to Buy and Sell a Home at the Same Time

Be Real: The Maryland Real Estate Podcast

Episode 16 (How 'bout dem O's!): In The Rundown, Michael and Brad highlight the latest mortgage news and real estate market stats. Michael makes his next prediction for where interest rates are headed. Brad reviews the March year-over-year plus the last 7 days of real estate market activity and how the market is trending. In The Scoop, we talk about the concerns and strategies for buying and selling a home at the same time. In this week's The Unreal, we talk about the extraordinary flight of deposits from the regional banks. In The Spotlight we feature The Oregon Grille in Hunt Valley! They're on Instagram at @TheOregonGrille, or call them at [phone], or find them on the web at theoregongrill.com. Check them out! Episode Highlights

• The Ravens' new offensive weapons, how 'bout them O's!
• Michael is going to try a DIY project at the beach - let us pray.
• [00:06:25] THE RUNDOWN (Mortgages)
• [00:10:15] Michael's prediction for rate trajectory for the week
• [00:10:39] THE RUNDOWN (Real Estate)
• [00:12:43] Are buyers paying over the list price again?
• [00:15:05] THE SCOOP (Juggling Chainsaws: How to Buy and Sell a Home at the Same Time)
• [00:19:05] What happens in a "normal" market for buying and selling at the same time?
• [00:22:11] Why you shouldn't get attached to any specific house until you're ready
• [00:22:55] The importance of getting your finances in order
• [00:29:00] Have a plan, and a backup plan (and maybe another backup plan)
• [00:30:19] Getting your existing home ready to sell
• [00:33:17] Seeing what's on the market, or creating your own market
• [00:34:15] How to negotiate some "extra" time in your existing house
• [00:38:00] What if you find a new house before your existing house sells?
• [00:45:27] Syncing up settlement dates
• [00:48:40] How to line up financing
• [00:58:55] THE UNREAL
• Deposit loss from the 15 biggest regional banks from Q422 to Q123
• And will there be additional fallout in the banking industry?
• How jumbo loan practices contributed to the problem
• [01:03:48] THE SPOTLIGHT
• The Oregon Grille!
• [01:06:03] Final thoughts
• Next episode: Planning Your Move: Top Insider Moving Tips (guest contributor!)

Hosts

Michael Becker, Sierra Pacific MortgageNMLS #200085 [email protected] [phone] (m) / [phone] (office) https://lo.sierrapacificmortgage.com/michael-becker

Brad Cox, The Vesta Group of Long & Foster Real EstateMD Lic #652795 [email protected] [phone] (m) / [phone] (office) https://www.bradcox.realtor/

Links

Michael Becker, Sierra Pacific Mortgage Brad Cox, The Vesta Group of Long & Foster Real Estate @berealmdpod