Selling and Buying at the same time is delicate dance but, totally doable. I will break down exactly how to buy and sell at the same time in this 3 part series with 3 different strategies.
Strategy #1 - Sell First Then Buy 💥Using Equity From Your Home💥
Sell your house 1st, then as a highly qualified buyer purchase your next home. This is the most popular method most of my clients tend to choose.
💥💥 The Pros 💥💥
By selling your home 1st this allows you to take your time selling and get top dollar for your home! You won’t be tempted to drop your homes price just to get a buyer faster and your not under the gun to find and buy your next home. You will also know exactly how much money your going make on your home sell and in turn know how much money you can spend on your next home.
💥💥 The Con’s 💥💥The biggest challenge of Selling first then buying is finding out your living arrangements from the point of when your old home is sold and when your new home closes escrow.
Nooo, I never wanted to rent again - Short Term Rental or find a temporary living arrangement. Potentially… this could be headache..! Because You Have to Move Twice..?!
Start Your Home Search Right AWAY - ASAPKnow the neighborhood, know the price point, and know the size of home you want before you sell. This way your ahead of the game and your able to cut down on the transition time between homes.
With this method you can get TOP DOLLAR for your home..yes, it can be a headache being in-between houses until you find that next dream home… but, who doesn’t like making more money and this makes you a highly qualified buyer which gives you amazing buying power and puts you ahead of the competition.