Should I sell my house first or buy my next home first?
By Natalia Halenda, Sales Representative, RE/MAX Jazz Inc., Brokerage. Updated
The short answer
Selling first means you know your budget, but you may need somewhere to stay between closings. Buying first secures the next home, but you can end up paying for two. Many downsizers sell first with a longer closing, or line up both closings on the same day.
From the guide: Downsizing in Durham: how to sell the family home and move to something smaller
More questions from this guide
General information, not legal, tax or mortgage advice. Rates, prices and rebate rules change often. Confirm the details with your real estate lawyer and a licensed mortgage professional before you make a decision.