Buying or selling a house can be a monumental task. Doing both at the same time takes the complexity to a whole new level.
If you’re buying and selling a house at the same time, you’ll need to navigate a hot seller’s market as both the seller and buyer. You’ll benefit from a seller’s market on the one hand, but could also face challenges as a buyer.
With fewer homes for sale than there are buyers, there is greater urgency and competition in the market. However, there are signs the housing market is beginning to cool down.
There’s no way to make the process of buying or selling a home totally predictable, but thinking through your preferred strategy will help you navigate the ups and downs a little bit more easily.
While you can’t control the market, you can plan ahead to minimize the impact of any potential challenges that may arise.
Here are some expert tips to address some of the questions that could arise when buying and selling your home at the same time.
