Boasting an exceptional quality of life and a plethora of fine dining and shopping options, Burlingame is one of the best places to live in San Mateo County. Fondly referred to as the “City of Trees,” this San Francisco suburb offers an attractive mix of small-town living and big-city amenities. Burlingame has top rated public schools for elementary, middle and high school.
If you love living in San Mateo County but are looking for another residence to accommodate your evolving lifestyle, you may be wondering how to handle buying and selling real estate simultaneously. San Mateo County’s real estate is a competitive market favoring the sellers. Although this is a favorable situation for homeowners of Burlingame real estate, it may prove to be challenging for those looking to buy.
Buying or selling: Which comes first?
There are 3 key strategies you can take advantage of to manage both the buying and selling within a short timeframe.
Option 1: Buying a new property before selling with financing options
Option 2: Selling first with a rent-back to stay after the close of escrow
Option 3: Sell first & move into a short term rental
No matter what you decide, leaning into the expertise of a top local realtor is of the utmost importance. As top agents in San Mateo County with 18 years experience, we can help guide you and make this transition as easy and seamless as possible.
It's important to note that the process can be more intricate and may involve legal, financial, and logistical challenges. Working closely with experienced professionals, such as real estate agents, attorneys, accountants, and mortgage lenders, can greatly assist you in navigating the complexities of simultaneous buying and selling.