I am interested in what approach people take for moving from a home you own to purchasing a new home.
We just went through this and my wife was adamant about finding the house we want first and securing a deal then immediately listing our price to sell. Her biggest concern was us selling our house and being forced to buy something we didn’t love or moving into a short term rental while moving all of our possessions into storage. My fear was us not being able to sell our place and having to basically fire sale it leaving thousands on the table. We ended up going with her route and had our place ready to list the second they accepted our offer. It is important to note that we would not make the sale of our house a condition of buying.
Luckily our realtor had clients he showed the photos to before we listed and when our offer on our new house was accepted on a Saturday his clients were in our place Sunday and luckily loved it as much as the photos and purchased it for $12k less than asking.
Are others taking the other approach of selling your place first then getting out in the market to purchase?
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