How to sell your house and buy a new one at the same time

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How to sell your house and buy a new one at the same time

//house-home.news-articles.net/content/2025/05/2 .. ur-house-and-buy-a-new-one-at-the-same-time.html

Published in House and Home on Wednesday, May 28th 2025 at 9:29 GMT by KUTV

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Five crucial steps for buying and selling a home simultaneously.

2025-05-28 312 x 176 / 186994 Bytes

The article from KUTV discusses the complexities and strategies involved in selling a current home while simultaneously buying a new one. It outlines several key considerations and steps to manage this process effectively. Firstly, it emphasizes the importance of timing, suggesting that homeowners should start preparing their current home for sale well in advance, while also beginning the search for a new home. The article advises on financial planning, including understanding one's budget and potentially securing a bridge loan to cover the gap between selling and buying. It also covers the option of including a contingency clause in the purchase offer of the new home, which allows buyers to back out if they cannot sell their current home. Additionally, the piece touches on the emotional and logistical challenges of moving, recommending the use of professional movers and storage solutions. Overall, the article provides a comprehensive guide to navigating the dual process of selling and buying a home, highlighting the need for careful planning and flexibility.

Read the Full KUTV Article at:
[ https://kutv.com/money/mortgages/sell-your-house-while-buying-another ]