Buying A House While Selling Another [UPDATED]

You might need to move twice (into a short-term rental or with family), which adds cost and hassle.

You sell your home but stay in it as a "tenant" for 30–60 days. This gives you the cash from the sale and extra time to close on your new place. 4. Step-by-Step Checklist buying a house while selling another

You aren't juggling two mortgages, and you’re a more attractive buyer because your offer isn't "contingent" on a sale. You might need to move twice (into a

You may end up paying two mortgages simultaneously. If your old house doesn't sell quickly, this can drain your savings. this can drain your savings.