How to Sell and Buy a House at the Same Time
In a perfect world, the stars align so that after pricing your home to sell on the market, you’re able to sell quickly while finding your next dream home just as quickly. In the real world, however, it’s not always that easy, and you can usually expect some overlap as you navigate how to sell and buy a house at the same time.
This can be especially stressful if you’re hoping to make a down payment from the proceeds of your home sale. According to HomeLight’s Summer 2023 Top Agent Insights Survey, agents report that 49% of their repeat buyers rely on the equity from selling their previous home to help fund their next purchase.
In recent years, several companies have worked to streamline this process by designing programs tailored to address these challenges. One solution is HomeLight’s Buy Before You Sell program, which enables you to unlock a portion of your home equity and avoid moving twice. This program, among others, has made significant strides in solving the buy-sell conundrum.
We’ve spoken to top real estate agents and other professionals to create a guide that covers common challenges you could face and some routes that might work for you if you decide to sell and buy a house at the same time.