Homeowners looking to move often face a daunting question: should they start by buying a new house, or would they be better off selling their current home first?

The simple answer is that there is no simple answer. What’s good for one person may be the wrong choice for another. Moreover, different markets and different locations present unique considerations that should not be ignored.

That said, you can ask some simple questions to help you make an informed decision. They may not provide easy answers, but they will give you helpful data to consider as you prepare your buying and selling strategies.

Pros and Cons

The Pros of Buying Before You Sell

There are certainly advantages for those who choose to buy a new home first.

For starters,…

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You’ve decided to sell your current home and move to another. The thought excites you! You’re ready for a change of scenery. You’re looking forward to the next chapter. You’ve already started the hunt for your new home.

But then you pause: how much will you make on your house sale? And, come to think of it, how will you decide what to ask for in the first place? Choosing a number can be daunting, especially in changing markets and times of economic uncertainty.

The good news is that this process doesn’t have to be a complicated mystery. There are several practical steps you can take to reach a fair, market-conscious asking price for your home.

Put your feelings aside

Whether you’ve lived in this house for eighteen months or eighteen years,…

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Listing information last updated on June 24th, 2024 at 3:47pm PDT.