How to Buy and Sell a Home at the Same Time

It can be overwhelming to be putting a home on the market and looking for a new house of your own at the same time. Thankfully, the majority of people involved in real estate are in this position, so you won’t be alone if you find yourself in this position.

There are some strategies that can make things a little easier for you. Check out these tips for planning your move!

Money

Mortgages and loans can be quite complicated and time-consuming. Know how you’ll be handling these things ahead of time. For instance, get a pre-approval for a loan.

Updating

Most sellers take on home improvements to decrease the time their home is on the market. This is especially important if you’re also buying, as selling generally takes more time than buying. Try getting a pre-inspection for professional tips on what to correct.

Pack Early

Another thing that attracts buyers is a home free of possessions. Getting your things out of the house could actually make a sale go through faster. Additionally, it expedites the process for when you actually want to move.

Be Informed

It’s important to have a basic understanding of the market. Part of this research could mean attending open houses of homes similar to yours. This could give you information on how to list your property, as well as help you decipher what you’re looking for in your future home.

Don’t Wait to List

Many sellers hold off on listing their home in order to plan and prepare. However, the sooner, the better! Listing your house as soon as possible can help you sell more quickly, as well as leaves time to figure out all the logistics once offers are made.

Source: Zillow

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