If you’re shopping for a new home while also selling your own, you’re involved in two transactions. That can seem daunting! The good news is, people sell and buy every day, so you’re travelling a well trodden path.
In fact, there are many ways to reduce the time and effort involved.
The first step is to ensure you understand the process of selling and buying, including the role of financing and closing dates. Be sure to ask questions. The more clarity you have in the process, the less intimidating it will be.
Next, find out how much you can afford to spend on a new home. Depending on your situation, that may involve getting an estimate of how much you’ll walk away with from the sale of your current home.
Finally, give yourself the time you need. Start the selling process early and begin your search for a new home. If possible, clear as much time from your calendar as you can. Give selling/buying tasks priority.
These tips alone will save you time and effort. And, chances are, they’ll help you get into your next dream home.