{"id":19,"date":"2018-02-27T18:31:59","date_gmt":"2018-02-27T18:31:59","guid":{"rendered":"http:\/\/www.yourhappyhome.ga\/?page_id=19"},"modified":"2018-02-28T09:54:56","modified_gmt":"2018-02-28T09:54:56","slug":"buy-or-sell-first","status":"publish","type":"page","link":"https:\/\/stevendicarlo.chefflanctot.com\/en\/buy-or-sell-first\/","title":{"rendered":"Buy or Sell First"},"content":{"rendered":"
Is it better to buy a new home or sell your existing home first? Both options have their advantages and their risks. By carefully examining the pros and cons, and by providing alternatives in case of setbacks, you will be able to make an informed decision.<\/p>\n
By selling your current home before buying a new one, you\u2019ll know the exact amount you\u2019ll be receiving from the sale. You\u2019ll therefore have a very good idea of how much money is available to buy your new home.<\/p>\n
You might start feeling an urgent need to find a new home right away. But keep in mind that you\u2019ll already have all the information needed to make your promise to purchase. For example, you\u2019ll know when the buyers of your current home are moving in, and can therefore easily establish when you\u2019ll need to take possession of your new home. If ever the dates don\u2019t coincide, you can always plan for temporary accommodation.<\/p>\n
When you buy first, you\u2019ll know your new address, the exact price of your new home, the date on which you\u2019ll become owner and the transaction date. You\u2019ll be able to consider these things when you receive a promise to purchase for your current home.<\/p>\n
You can also make a promise to purchase that is conditional on the sale of your home. In this case, the owner of the property you\u2019re interested in might receive another offer without any conditions. In order to give yours priority, the owner will ask you to withdraw your condition. You will therefore have to decide whether you\u2019d rather buy that property before selling your existing home, or withdraw your offer.<\/p>\n
One way or another, it\u2019s a good idea to plan a temporary source of financing in case your current home isn\u2019t sold when you sign the purchase contract for your new home.<\/p>\n","protected":false},"excerpt":{"rendered":"
Is it better to buy a new home or sell your existing home first? Both options have their advantages and their risks. By carefully examining the pros and cons, and by providing alternatives in case of setbacks, you will be able to make an informed decision. Selling First By selling your current home before buying […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"\n