Buying A Home
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Buying and Selling at the same time?
H and I want to sell the house we currently live in. H bought this house before we ever even started dating. We just got married and decided it's time to get rid of this house and start looking for a new one. I have some anxiety doing this all at once. I am worried no one will buy the house we live in now. What if we fall in love with a new house and can't sell our current one? Or what if we sell the current one and have no where to live? I feel like there are so many more factors when buying and selling. Has anyone ever gone through this?
Re: Buying and Selling at the same time?
It's really up to you and how you want to go about this. Can you afford to carry both mortgages/taxes/utilities at the same time? If yes, then you can buy whenever and if not, you need to sell first.
We did not want 2 houses so we put ours up for sale. We kept our eye on the market and occasionally looked at homes. After several months, we got an offer and then busted our butt to find a home. The timing worked out for us but you could always live with family or in a short term apartment between homes if it doesn't work out. My coworker is moving in with her inlaws because they have to be out of their old house a month before going to the new house.
We had this same concern. We decided to list our home and received 4 offers the first day. We started to look at houses like crazy and couldn't find anything that we liked and decided to build. Our house closed at the end of August and the new build won't be done until February-ish. We found an apartment that offered a month to month lease and put everything we wouldn't absolutely need into a POD that will be delivered to the new house when it is done. It isn't ideal, but it works for the short term.
If it had been a matter of a few weeks between the close of one house and the other we would have stayed with DH's parents but this is a much longer time frame so we didn't want to impose on them.
That's kind of what we're doing too. We close at the end of October. We haven't loved any of the houses are on the market in the area we live in, so we're planning on building.
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