🏡✨ Upgrading Your Home in Hampton Roads: A Guide for Move-Up Buyers 🚀📈
Upgrading Your Home in Hampton Roads: A Guide for Move-Up Buyers
Why Move-Up Buyers Have an Advantage in Today’s Market
If you already own a home, you hold one of the strongest tools in real estate: equity. The past few years have been great for appreciating home values and your current home may have more equity that you think. Given today's mortgage rates, this equity can help you get into your next home with a larger down down payment and even help to buy down your rate if it makes sense to do so.
Right now, the Hampton Roads real estate market is still strong with many homes selling closing to or just over the asking price.
Having equity helps but you might be wondering:
Can I sell and buy at the same time?
What if I find the perfect home before mine sells?
Will I have to pay two mortgages?
Step 1: Know What Your Current Home Is Worth
Before we talk next steps, we need to get a clear picture of what your current home could sell for. A Comparative Market Analysis (CMA) helps us understand your home’s true market value based on real-time local data.
I offer this as a free service, because it’s the foundation for:
Estimating your equity
Setting a realistic budget for your next home
Strengthening your position when making a contingent offer
▶️ Case in point: A Chesapeake family I worked with recently used their CMA to price their home competitively. It went under contract in just two days, and when it closed they were able to move into their five-bedroom dream home—without ever carrying two mortgages.
Step 2: Understand the Power of a Contingent Offer
If you need to sell your current home before buying the next one, a contingent offer lets you do that without overextending financially. It means your offer to buy is dependent on your home selling first and if your current home is under contract and pending, it makes your contingent offer more appealing to the seller.
While not every seller accepts contingencies, a well-prepared, well-priced listing gives you leverage. I’ll help you:
Craft a strong, well-timed contingent offer
Market your home so it sells fast
Coordinate both closings to avoid double moves or rushed decisions
This isn’t just about paperwork—it’s about protecting your peace of mind.
Step 3: Timing the Market Without Stressing Out
You don’t need to “time it perfectly.” But you do need a plan.
Right now, homes in Hampton Roads are still moving fast. Detached homes are seeing high demand and low inventory—making this an ideal window to list and sell efficiently.
When we work together, I’ll help you:
Price your home appropriately for the market and to sell quickly
Prepare your current home to stand out
Help you evaluate and select the best offer once offers start coming in
Coordinate the sale of your current home with the purchase of your new home so you won't have to pay 2 mortgages
Real Talk: This Isn’t Just a Transaction—It’s Your Life
This move is about more than square footage. It’s about space for your growing family, room for a home office, or a bigger backyard for weekend cookouts. I've walked this road with dozens of families, and I know how big—and emotional—this decision can be.
My job isn’t just to list your home or find the next one. It’s to listen to what matters to you most and create a plan that gets you there.
Let’s Talk—So You Can Move With Confidence
If you're even thinking about upgrading, don’t wait until the perfect home slips away or your current one sits longer than it should. The first step is easy and free: I’ll run a custom CMA for your home and talk you through your move-up options—no pressure.
You deserve clarity, a plan, and someone in your corner.
👉 Schedule your consultation now
Thanks for Reading,
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