How do I buy and sell at the same time?

The short answer

Decide early whether you can qualify carrying both payments. That single answer determines every other choice in the sequence.

6 min read

Two paths

If you can qualify carrying both payments, you can buy first, move at your own pace, and sell an empty house that shows well. It costs more in the overlap and buys a great deal of calm.

If you cannot, you sell first and either negotiate a rent back from your buyer, arrange interim housing, or write an offer contingent on your sale, which is weaker in a competitive market.

Sequencing the dates

Same day back to back settlements are possible and are also the tightest arrangement in real estate. Any delay on the sale side cascades into the purchase side.

Where possible, schedule the sale first with a few days between, or negotiate possession terms that give you a buffer. Movers, utilities, and school calendars all appreciate the margin.

Costs that appear in the middle

Overlapping payments, storage, short term housing, two sets of utilities, and the movers themselves. Budget the transition as its own line item rather than assuming the sale proceeds absorb it.

Corie Adams Lending Team

Corie Adams
Producing Branch Manager · NMLS #1875205
Network Funding, LP · NMLS ID #2297

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Corie Adams Lending Team is a branch of Network Funding, LP. Network Funding, LP, NMLS ID #2297, is an Equal Housing Opportunity Lender. Licensing and state disclosures are available through Disclosures & Licensing and NMLS Consumer Access (www.nmlsconsumeraccess.org). This website is not a commitment to lend. Rates, programs, payments, and qualification requirements are subject to change without notice and may vary based on individual circumstances.

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