The Secret To Buying and Selling a Home at the Same Time

Here’s the truth about buying and selling a home at the same time.

During the summer moving season, we receive numerous inquiries about buying and selling houses. Here's what you need to know if you're planning to sell a house and buy a new one.

There are three key factors or approaches to consider when it comes to buying and selling houses. The most crucial step is determining your number one priority. You have three options: Is your top priority maximizing the profit from selling your house, regardless of inconvenience? Is it acquiring the house you desire, regardless of inconvenience? Or is your main focus on a smooth and hassle-free experience?

Once you have identified which of these three priorities aligns with your needs, you can create a specific plan accordingly. If maximizing profit is your primary goal, it's advisable to sell at the opportune time and then move on to another property without concerns about finding a replacement. If your dream home is your top priority, and you can purchase it without selling your current house, you should prioritize searching for that home and ensuring its acquisition.

"There are no right or wrong answers."

In some cases, you may end up owning two homes temporarily. However, if you prioritize the new home over financial considerations, this approach could be your best strategy. Alternatively, if convenience and avoiding the hassle of moving twice are your main concerns, you should still aim to find your ideal home or come close to it, while carefully timing when to list your current house for sale.

Remember, there's no right or wrong answer here—only the answer that reflects your situation. At the end of the day, we can assist you in tailoring a plan based on your specific priorities. Just call or email us with any questions; we look forward to hearing from you!