#4 What If You Already Have A Home?
Buying a new home and selling an existing home can go smoothly with careful planning.
Before putting your house on the market or committing to buying a new one, take a look at the prices of houses in the areas where you'll be both selling and buying. You will also need to consider whether the current real estate market conditions will affect whether a seller will consider making a commitment to you as a buyer if your house is not yet sold. Talk with your Klacik Real Estate professional about the best way to proceed given the current market conditions.
Since you're both a buyer and a seller, you'll need to protect yourself in your weaker role while letting your stronger role take care of itself.
What if you're unable to perfectly time the sale of one house with the purchase of another? You may own no houses for a time, in which case you'll need money in the bank and a temporary place to live. Or, you may own two houses at once. That's why it's important to have a back-up plan.
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