Selling & Buying at the Same Time
Is it possible to buy another house before selling the one you are in?
In the ideal world, buyers both sell their homes and buy a new one – at the same time. The truth is the process is not that simple. You need to expect some time between selling and buying since the process is full of complicated steps. It is entirely possible to do both, but the real question is whether or not you are going to want to do it.
Consider what you gain and lose by selling before buying or buying before you sell.
Pros and Cons of Selling before Buying
Pros
- No risk of paying two mortgages at the same time.
- Cash is accessible for a down payment.
- Better understanding of equity
- No pressure to reduce the asking price
Cons
- Moving twice will be expensive and stressful
- Pressure to find a home might lead to an impulse purchase
- Temporary housing adds to the overall cost of moving
Pros and Cons of Buying before Selling
Pros
- Finding a home becomes enjoyable and relaxed
- Only one moving expense
- Less likely to rush or regret the new purchase
- Financial cushion available in case something goes wrong
Cons
- Might not be able to make a sizeable down payment on the new house
- Pressure to accept a lower offer if you’re rushing to sell
- Two sets of taxes to pay
- Might not qualify for a new mortgage if you’re carrying the old one
Steps to sell first
First, contact a real estate agent to list your home. Once you have a concrete offer, start looking for a new home. This can help the process be less stressful.
Decide where you want to live before beginning your new home search. Sometimes it takes weeks or months to find the perfect home. Make sure you have a place to live from the instant your sell your home until you move into your new one.
Steps to buy first
As soon as you list your current home, start searching for your new house. Being proactive will help avoid issues later on.
Make an offer and request an extended closing. This can help give you time to coordinate the sale of your old home.
Use your savings to help with the down payment of your new home. Alternatively, consider buying the new house with a home equity line of credit.
The process of buying and selling can have a significant impact on our finances and your mental health. It is stressful and can be financially prohibitive. If you are set on doing both at the same time, then you need to assess your circumstances carefully.
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WOW! What a beauty nestled in the Lafayette community! Charming single-story 5 Bedrooms, 3 Bath home with 2,697 sq ft Fully Remodeled Top to bottom, this lovely home is ready for you to call home with Almost 18k sq ft lot, enough parking space for RV or Boat. Home features a spacious bright environment with a newly remodeled Kitchen with a modern design, stainless steel sleek appliances, white cabinetry, island and quartz counter tops. Recess lighting throughout, New engineered wood flooring throughout home and tile is the bathrooms. Escape to the yard through the double doors and Surround yourself in the beautiful forest like setting, you can definitely enjoy your privacy. Drive up on the brick tile driveway to your Two car garage featuring a new black modern door. Low maintenance yard with turf landscaped too. Come take a look at this beauty, nothing but to do but move in!⠀ ⠀ 🏡 Open Houses⠀ Sat, Apr 20 & Sun, Apr 21⠀ 12:30PM - 4:30PM⠀ ⠀ 📍1099 Country Club Dr, Lafayette, CA 94549⠀ 5 Beds | 3 Baths | 2,697 sqft | 0.41 acres lot⠀ Offered at: $1,449,900⠀ View Listing: https://davidazimi.realscout.com/homesearch/listings/133376754 View Video Tour: https://youtu.be/RZrl9zNLrrc ⠀ Eager to know more? Slide into our DMs for property insights!⠀ ⠀ INTERO Real Estate | DO...BE...ACHIEVE! ⠀ ⠀ David Azimi | CA DRE# 01790940⠀ 📲 510.386.4844⠀ 📧 info@davidazimigroup.com⠀ 🌐 www.davidazimigroup.com⠀ ⠀ #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #NewListingAlert #NewListing #ForSale
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NEW ON THE MARKET! Great Location! Beautiful 4BR / 2.5 BA home in the desirable Parktown neighborhood w/ high rating schools in Milpitas! Very well-maintained Cozy home ready for you! Open Kitchen to Dining room, Spacious Living room with fireplace to snuggle up to, Convenient location to walk to Sinnott Elementary, Rancho Middle, parks. Easy to access to Great Mall shopping, and Fwys. Go to see now! View Listing: https://davidazimi381.realscout.com/homesearch/listings/132585701 🏡 Open Houses Sat, Apr 6 & Sun, Apr 7 1PM - 4PM 📍 1450 Mount Shasta Ave, Milpitas, CA 95035 4 Beds | 2.5 Baths | 2,030 sqft | 5,700 sqft lot Offered at: $1,699,900 Yearning for a new place to call your own? Discover more about this property by clicking the link and exploring our image gallery! 🏡 INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #NewListingAlert #NewListing #ForSale #Milpitas
JUST LISTED! Beautiful 3 bedroom home in Concord! Great spacious home, light & bright living room with vintage fireplace opens via French doors to the garden & patio. A family room/sunroom, w/ fireplace to cozy up to on those chilli evenings, The eat-in kitchen w/ breakfast nook is fully equipped. A formal dining area, 3 bedrooms, with tons of natural light. The primary suite w/ full bathroom. Plenty of storage both inside & in the spacious garage. Yard offers low maintenance too. Come see today before this Stylish beauty is gone! 🏡 Open Houses Sat, Apr 6 & Sun, Apr 7 12PM - 3PM 📍 3213 Ida Dr, Concord, CA 94519 3 Beds | 2 Baths | 1,388 sqft | 6,390 sqft lot Offered at: $799,900 View Listing: https://davidazimi.realscout.com/homesearch/listings/132586656 Interested? Send us a DM to explore this property further! 📩 INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com Co-Listed By: Ali Anam, License #02213930 #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #NewListingAlert #NewListing #ForSale #Concord
🏠OPEN HOUSE🏠 Great opportunity to buy this property, featuring 3 bedroom 1.5 baths Two story, two car garage View Listing: https://davidazimi.realscout.com/homesearch/listings/130146273 📍 1059 S 55th St, Richmond, CA 94804 3 Beds | 1.5 Baths | 1,209 sqft | 3,500 sqft lot 🏡 Open Houses 📆 Saturday & Sunday | March 23 & 24 🕑 1PM - 4PM Offered at: $699,900 DM me for all the property details. INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #JustListed #NewListingAlert #NewListing #ForSale
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Another home in Hayward is off the market! This 2 Bed, 2 Bath gem has just gone PENDING SALE! Don't miss out on the next chapter of this story. Stay tuned! 🎉 📍 1150 W Winton Ave, 533 Hayward, CA 94545 View Listing: https://davidazimi.realscout.com/homesearch/listings/123973869 Elevate the potential of your home's value with The David Azimi Group! Our dedicated team delivers personalized service and employs cutting-edge marketing strategies to ensure your property achieves its maximum value. Send us a DM to get started! INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com
CORNER LOT!! Located In The Heart Of Hayward, This Home Features A Spacious Floor Plan w/plenty of Natural Light and cherry wood flooring. Updated Modern Kitchen Features Solid Counter Tops And Back Splash, Gas Range, Stainless Steel Appliances. The Bathrooms Has Been Updated and home is ready for you, Side yard access too with gate. Location Is Commuter Friendly; Close To Shopping, I-92, & I-880, and Chabot college, Minutes Away From San Mateo Bridge, Come see today! 🏡 Open Houses 📆 Saturday & Sunday | March 16 & 17 🕑 1PM - 4PM 📍 880 Sueirro St Hayward, CA 94541 3 Beds | 2 Baths | 1,864 sqft | 6,030 sqft lot Offered at: $829,999 View Listing: https://davidazimi.realscout.com/homesearch/listings/131236719 INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #NewListingAlert #NewListing #ForSale #JustListed #NewListing #ForSale
Luxury Living with Stunning views of Downtown at THE 88 Community. This Unit is on the 20th floor which offers unparalleled privacy and a rare find! Featuring 11 ft ceilings, upgraded kitchen appliance package: including Viking range, Studio Becker cabinets and more. This spacious 2 bed/2 bath is on the north west corner of the 88, Great layout featuring a formal entry w/closet & separate laundry area. Spacious bedrooms, with plenty of space for arranging. Main Bedroom has an en suite bath and the second bath w/pedestal sink & tiled stall shower. 2 premium parking spots + 1 guest parking pass. Enjoy the Amazing Amenities: with A Stylish 24 hour Attended Guest Lobby with Gas Fireplace, 24-Hour Security on Site, State-of-the-art Fitness Center, Great Clubhouse w/chef's kitchen(5th floor), Game Room with Billiards (2nf Floor), Heated Lap Pool (salted) and Skyline Observation Terrace on the 21st Floor. Dry cleaning service (nice feature at a cost) Located Near SAP Center, San Pedro Square, San Jose State University, San Jose Convention Center, San Jose Museum of Art, Future Google Campus, Restaurants & Coffee Shops. Great Commuter Location Near 101, 880 & 87, VA Trains, ACE Trains & San Jose Airport. 🏡 Open Houses 📆 Saturday & Sunday | March 16 & 17 🕑 12PM - 3PM 📍 88 E San Fernando St, 2011 San Jose, CA 95113 2 Beds | 2 Baths | 1,270 sqft | 279 sqft lot Offered at: $999,900 View Listing: https://davidazimi.realscout.com/homesearch/listings/128705269 INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #NewListingAlert #NewListing #ForSale #JustListed #NewListing #ForSale #SanJose
JUST LISTED! 📣 This BEAUTY won't last long! 🏡 Open House March 16 & 17 | 12PM - 4PM Saturday 12PM - 3PM Sunday 1PM - 4PM 📍 6246 Joaquin Murieta Ave, B Newark, CA 94560 2 Beds | 1.5 Baths | 1,112 sqft | - lot Offered at: $639,900 Beautiful & Modern 2-story townhome Updated throughout, with a spacious living room w/ fireplace that opens up to the outdoor patio easy to grab some fresh air. Granite counters, black appliances and an Open Kitchen leading to the dining room. Pristine Hardwood flooring throughout. Bedrooms are spacious with a walk-in closet, Nicely remodeled bathrooms w/ one Bath downstairs. Newpark Village HOA Community has a Gym Clubhouse, Tennis Courts, Swimming Pool & Spa. Location Location Location, near Facebook, Tesla, Dumbarton Bridge, Fremont BART Station, and Interstate 880. Near top-rated Newark schools, shops, restaurants, theatres, Newpark Mall and Pacific Commons Plaza. The HOA fee includes Water, Garbage, along with building maintenance and HOA amenities. Come take a look at this beauty. View listing: https://davidazimi.realscout.com/homesearch/listings/131198611 INTERO Real Estate | DO...BE...ACHIEVE! David Azimi | CA DRE# 01790940 📲 510.386.4844 📧 info@davidazimigroup.com 🌐 www.davidazimigroup.com #TheDavidAzimiGroup #Intero #UnionCity #EastBay #Fremont #Pleasanton #TopAgent #ListingAgent #Broker #RealEstate #HomeForSale #RealEstateExpert #Properties #REALTOR® #JustListed #NewListingAlert #NewListing #ForSale
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