Selling and Buying a Home Simultaneously

Thinking about upgrading, downsizing, or relocating—but need to sell your current home first?

You’re not alone. Buying and selling a home at the same time is a common scenario, and while it may sound stressful, with the right strategy (and the right Realtor), it can be a seamless process.

In this guide, we’ll break down how to manage both sides of the transaction like a pro.

🔁 Should You Buy or Sell First?

One of the first questions we get as realtors is: "Should I sell my home first, or buy my next one first?"

➤ Sell First:

• Pros: You know exactly how much you can spend on your new home.
• Cons: You may need temporary housing if you haven’t bought yet.
• Best For: Sellers in a hot market or buyers with flexible living options.

➤ Buy First:

• Pros: No need for temporary housing or moving twice.
• Cons: You might carry two mortgages for a short period.
• Best For: Buyers with strong financials or access to bridge financing.

🛠️ Key Strategies for Managing Both Transactions

1. Use a Realtor Experienced in Dual Transactions

This is not the time for DIY. A seasoned real estate agent (like us!) can coordinate both timelines, negotiate contingencies, and help avoid pitfalls.

2. Consider a Sale Contingency

A home sale contingency in your purchase offer means your new home purchase depends on the sale of your current one. It offers protection but may weaken your offer in a competitive market.

3. Bridge Loans or Home Equity Lines of Credit (HELOC)

Need cash from your current home to fund the next one? Temporary financing options like bridge loans or HELOCs can provide breathing room.

4. Negotiate a Use and Occupancy Agreement

Selling first? You can negotiate with your buyer to “rent back” your home for a limited amount of time while you close on your next one. This avoids the dreaded double move.

🧠 Timing is Everything

The goal is to align your closing dates as closely as possible. Your agent will help sync the timelines, but flexibility is key—especially with inspection surprises, financing delays, or moving logistics.

📝 Final Tips:

• Get Pre-Approved Early – Know your buying power before listing your home.
• Declutter & Stage Your Home – You might need to show it while you’re still living in it.
• Work with a Strong Lender – A responsive mortgage team is crucial in a dual deal.
• Stay Calm & Communicate – There may be bumps, but a great agent keeps it smooth.

💬 Ready to Buy and Sell at the Same Time?

Whether you're upsizing, downsizing, or just making a move, we specialize in helping clients navigate the complexities of buying and selling simultaneously. Let’s talk about how we can make your next transition seamless.

📞 Contact Deborah Zamora today or schedule a Free Consultation.