Home Buyer FAQs: Should I Buy a Home Before or After Selling My Current Home?

buying a house in Woodstock

One of the most frequent questions from homeowners planning a move is whether or not they should go ahead and buy a new home before selling their current home, or wait to buy until their home is sold. Both options have their own benefits and pitfalls, so it’s important to consider all aspects of your own circumstances before making a decision.

Selling your home before buying a new home

One of the main reasons homeowners choose this option is because of the uncertainty of how long it will take to sell their home. No one wants to get stuck paying two mortgages for an extended period of time, so this is an important concern. However, there is the obvious question of where you will live once your home is sold!

Buying a new home before selling your old home

If you are able to buy a new home before selling your old one, it can make the moving process much simpler and less stressful. However, if your purchase offer is contingent upon the sale of your existing home, you may end up losing out to a non-contingent buyer.

At The Premier Group, we can help you find your new dream home and sell your current home quickly, whatever order you choose. Contact us for all of your real estate needs in Woodstock and throughout Cherokee County, East Cobb, and other North Atlanta communities!

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