You may end up paying two mortgages simultaneously. If your old house doesn't sell quickly, this can drain your savings.
You sell your home but stay in it as a "tenant" for 30–60 days. This gives you the cash from the sale and extra time to close on your new place. 4. Step-by-Step Checklist
Those with significant cash reserves or high-equity homes in "hot" markets. 3. Essential Tools to Bridge the Gap
You aren't juggling two mortgages, and you’re a more attractive buyer because your offer isn't "contingent" on a sale.
Those who want to avoid financial risk and don't mind a temporary living situation. 2. The Strategy: Buy First, Then Sell
Talk to your lender to see exactly how much you’ll walk away with after the sale.
Declutter and handle minor repairs before you start looking for new homes.