3 Tips On How To Buy and Sell a Home at the Same Time

This is so exciting! This feels so stressful... Uh oh. You've found your DREAM home, but in order to buy your dream home, you're going to need to sell your current home. You can do this. We're about to walk you through the steps you need to take to sell your current home and buy your dream home all at the same time!

Step One: Meet with your Realtor.

If you haven't found a realtor to work with yet, stop what you're doing, give us call, and then we'll handle the rest of the steps for you. If you already have a realtor, or maybe you're simply looking for more information, here's why you need a realtor. Your realtor has been through this process a numerous times. They are going to know exactly how to solve any problems that may arise, and they'll be able to effortlessly walk you through this process. Once you've found your realtor, you both are going to meet to discuss strategies, time frame, and the goals you have to sell your old home and purchase your new one.

Step Two: Go Over Your Financial Blueprint.

At this time you want to consult with your lender and realtor. There are numerous options available to you. From a Home Equity Line of Credit (HELOC), to a bridge loan, or a loan that will recast. You want to make sure you have counted the costs, and know exactly what it's going to take to make this move.

Step Three: Don't Move Twice.

Imagine successfully selling your home, but having nowhere to go while your waiting to settle on your dream home. Yikes. To avoid moving twice, ask your realtor about the options of a lease back or a pre settlement possession. They'll have some ideas on how to avoid this situation.

This process can feel overwhelming, but it doesn’t have to be. This is why it is so important to choose the right realtor. The right realtor will take good care of you during this complex situation. If you need any help making this kind of move, or maybe you just want more information, reach out to us! We genuinely want to see you win. We love real estate, and we love being able to see you win with it too.