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The Ramsey Show Highlights

Here Are a Few Different Ways To Sell Your House

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 25 November 2022

⏱️ 4 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, & Kristina Ellis. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Ramsey Call of the Day, part of the Ramsey Network.

0:10.8

Joining me today is Ramsey Personality, Dr. John Deloney.

0:15.6

Shelly's going to start this hour off in Kansas City.

0:18.5

Hi, Shelly.

0:19.1

How are you?

0:20.6

Yes, hi. So glad to talk to you both. You too.

0:24.5

I have a question. I am trying to downsize my home. And I'm not sure if I should buy or sell first.

0:33.5

And I don't want to get into a bad financial situation,

0:38.3

so I was wondering what your opinion is on that.

0:42.0

Well, I've noticed that the real estate market has slowed down.

0:45.5

Have you noticed that?

0:47.5

Yes, definitely.

0:49.2

Okay.

0:49.8

And what that means to me is, is if you were to buy another house,

0:53.4

and then it took two years to sell yours, that could put you in a pinch.

0:58.8

Yes, understood.

1:00.6

So I'm going to sell yours first, and then I'm going to buy another one, or I'm going to go rent somewhere until I buy another one.

1:09.5

One of the two, it might entail a double move.

1:11.9

It might entail doing something we used to do back before real estate went crazy,

1:16.0

white hot, was we used to do a contingency.

1:19.0

I will sell mine to you contingent upon me being able to find one in the next 30 days.

1:26.8

Okay.

...

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