{"id":2348,"date":"2022-10-05T16:00:00","date_gmt":"2022-10-05T16:00:00","guid":{"rendered":"https:\/\/www.khov.com\/blog\/?p=2348"},"modified":"2025-01-15T16:01:12","modified_gmt":"2025-01-15T16:01:12","slug":"how-to-sell-your-home-while-buying-a-new-one","status":"publish","type":"post","link":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/","title":{"rendered":"How to Sell Your Home While Buying a New One"},"content":{"rendered":"\n<p>At first glance, selling your current home while buying a new one might seem like something of a magic trick. Both those transactions have so many moving pieces already \u2013 how could you possibly spin all those plates in the air without breaking them, or make your old house vanish as your new one appears?<\/p>\n\n\n<style>.kb-row-layout-id2348_2fe0ee-52 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_2fe0ee-52 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_2fe0ee-52 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, calc(45% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(55% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id2348_2fe0ee-52 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_2fe0ee-52 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_2fe0ee-52 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_2fe0ee-52 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2348_718bbf-6d > .kt-inside-inner-col,.kadence-column2348_718bbf-6d > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_718bbf-6d > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_718bbf-6d > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_718bbf-6d > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_718bbf-6d > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_718bbf-6d{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_718bbf-6d > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_718bbf-6d > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_718bbf-6d inner-column-1\"><div class=\"kt-inside-inner-col\"><\/div><\/div>\n\n\n<style>.kadence-column2348_f3459e-cf > .kt-inside-inner-col,.kadence-column2348_f3459e-cf > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_f3459e-cf > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_f3459e-cf > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_f3459e-cf > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_f3459e-cf > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_f3459e-cf{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_f3459e-cf > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_f3459e-cf > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_f3459e-cf inner-column-2\"><div class=\"kt-inside-inner-col\">\n<p>The good news is \u2013 as with magic tricks \u2013 selling your home while buying a new one is far from impossible, and doesn\u2019t require any magic. All you need is a little practice, and knowledge of how the trick works, and before you know it, you\u2019ll be wowing the crowd with your amazing achievement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. Should you buy first or sell first?<\/h2>\n\n\n\n<p>This is a common question for anyone looking to buy and sell a home at the same time . If you sell your house first, you won\u2019t be saddled with two mortgages, and will have money ready for your next down payment.<\/p>\n\n\n\n<p>But if you don\u2019t <a href=\"https:\/\/www.khov.com\/new-construction-homes\/\" target=\"_blank\" rel=\"noreferrer noopener\">find a new home<\/a> in time, you also risk having no place to live, and will have to set up a temporary situation that could include a lot of hassle and expense.<\/p>\n\n\n\n<p>On the other hand, if you find your new home first, you may find it difficult to actually purchase that home, if you were <\/p>\n<\/div><\/div>\n\n<\/div><\/div>\n\n\n<p>counting on proceeds from the sale of your current home to make a down payment. And even if you do come up with a payment, you could find yourself paying two mortgages for as long as it takes to find a buyer.<\/p>\n\n\n\n<p>Unfortunately, there\u2019s no simple answer as to which risk is more palatable for you, as that largely comes down to your individual circumstances.<\/p>\n\n\n\n<p>Neither circumstance is ideal, but they\u2019re also not the end of the world. With strategies and a bit of luck, you may be able to avoid this kind of limbo entirely \u2013 and if you can\u2019t, you\u2019ll have options to get through it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-assess-the-real-estate-market\">2. Assess the Real Estate Market<\/h2>\n\n\n\n<p>A number of factors go into the decision of when to buy and when to sell, some of which are out of your control. But a big one to consider is the simple question of where you are \u2013 specifically whether you find yourself in a buyer\u2019s market, a seller\u2019s market, or both.<\/p>\n\n\n\n<p>Strictly in terms of sale proceeds, selling your current home first makes the most financial sense in a buyer\u2019s market, and buying your new home first will pay off more in a seller\u2019s market.<\/p>\n\n\n\n<p>If you\u2019re not <a href=\"https:\/\/www.khov.com\/blog\/moving-to-another-state-checklist\/\" target=\"_blank\" rel=\"noreferrer noopener\">moving far away<\/a>, then you\u2019ll be dealing with the same market environment on both ends. If you\u2019re moving from one to the other, you\u2019d ideally be selling your home in a seller\u2019s market, and moving to a buyer\u2019s market &#8212; so that you get the highest possible price for your current home, and pay the least for your new one.<\/p>\n\n\n\n<p>Of course, that\u2019s not always how things work, and you may have a multitude of reasons, for making your move in the reverse order, or staying in the same area. If you find yourself in a truly challenging market environment for the transaction you want, you might want to consider delaying your move to a more opportune time, if you have that option.<\/p>\n\n\n<style>.kb-row-layout-id2348_dbe12d-b5 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_dbe12d-b5 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_dbe12d-b5 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_dbe12d-b5 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_dbe12d-b5 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_dbe12d-b5 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_dbe12d-b5 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_2de097-4e > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px #e5e5e5;}.kadence-column2348_2de097-4e > .kt-inside-inner-col,.kadence-column2348_2de097-4e > .kt-inside-inner-col:before{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kadence-column2348_2de097-4e > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_2de097-4e > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_2de097-4e > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_2de097-4e > .kt-inside-inner-col{background-color:var(--global-palette1, #3182CE);}.kadence-column2348_2de097-4e > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_2de097-4e{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_2de097-4e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_2de097-4e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_2de097-4e inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-wrap.wp-block-kadence-rowlayout.kb-row-layout-id2348_3c85f1-45{margin-top:0px;margin-bottom:0px;}.kb-row-layout-id2348_3c85f1-45 > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id2348_3c85f1-45 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id2348_3c85f1-45 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;grid-template-columns:minmax(0, calc(10% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(90% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id2348_3c85f1-45{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;overflow:clip;isolation:isolate;}.kb-row-layout-id2348_3c85f1-45 > .kt-row-layout-overlay{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kb-row-layout-id2348_3c85f1-45{background-color:#7ab4ba;}.kb-row-layout-id2348_3c85f1-45 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_3c85f1-45 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_3c85f1-45 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_3c85f1-45 alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_510341-bc > .kt-inside-inner-col,.kadence-column2348_510341-bc > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_510341-bc > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_510341-bc > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_510341-bc > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_510341-bc > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_510341-bc{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_510341-bc > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_510341-bc > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_510341-bc inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-icon.kt-svg-icons2348_905837-d2{justify-content:flex-end;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2348_905837-d2 alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2348_e9a331-fc .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2348_e9a331-fc .kb-svg-icon-wrap{color:#ffffff;font-size:50px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2348_e9a331-fc\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_info-circle\"><svg viewBox=\"0 0 512 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M256 8C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm0 110c23.196 0 42 18.804 42 42s-18.804 42-42 42-42-18.804-42-42 18.804-42 42-42zm56 254c0 6.627-5.373 12-12 12h-88c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h12v-64h-12c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h64c6.627 0 12 5.373 12 12v100h12c6.627 0 12 5.373 12 12v24z\"\/><\/svg><\/span><\/div>\n<\/div>\n<\/div><\/div>\n\n\n<style>.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{display:flex;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{padding-top:20px;padding-right:10px;padding-bottom:0px;padding-left:15px;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col,.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:0px;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column2348_aeee8c-c2{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_aeee8c-c2{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{background-color:#f7fafc;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_aeee8c-c2{position:relative;}.kadence-column2348_aeee8c-c2, .kt-inside-inner-col > .kadence-column2348_aeee8c-c2:not(.specificity){margin-top:0px;margin-right:0px;margin-left:0px;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column2348_aeee8c-c2{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_aeee8c-c2{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column2348_aeee8c-c2{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_aeee8c-c2{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_aeee8c-c2 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}.kadence-column2348_aeee8c-c2 {overflow:hidden;}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_aeee8c-c2 inner-column-2\"><div class=\"kt-inside-inner-col\">\n<p>If you find yourself in a truly challenging market environment for the transaction you want, you might want to consider delaying your move to a more opportune time, if you have that option.<\/p>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"Step3\">3. Get Your Financial House in Order<\/h2>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-9179b5cf wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.khov.com\/blog\/wp-content\/uploads\/2022\/09\/11279_Couple-Calculating-Home-Finances-1024x655.jpg \" src=\"https:\/\/www.khov.com\/blog\/wp-content\/uploads\/2022\/09\/11279_Couple-Calculating-Home-Finances-1024x655.jpg\" alt=\"Get your Financial House in Order - How to Sell Your Home While Buying a New One\" class=\"uag-image-2420\" width=\"1024\" height=\"655\" title=\"\"\/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Figuring out the funding side will likely be the trickiest piece of the process \u2013 especially if, like so many homebuyers, you\u2019re depending on proceeds from the sale of your current house for the down payment on your next one. It would be wonderful if you could close on your current home in the morning and close on your new one in the afternoon \u2013 which does happen, but it often isn\u2019t that simple.<\/p>\n\n\n\n<p>Even for homebuyers who don\u2019t have a current home they need to sell, it\u2019s always wise to speak with a lender and get preapproved for a mortgage before you begin house-hunting in earnest. It\u2019s hard to know which homes you might realistically make offers on if you don\u2019t know what kind of mortgage you\u2019ll get \u2013 tools like our <a href=\"https:\/\/www.khovmortgage.com\/consider-buying\/why-buy-now.html\" target=\"_blank\" rel=\"noreferrer noopener\">mortgage calculator<\/a> can help you get a rough idea of what to expect, but you\u2019ll never truly know until you talk directly with a lender and submit an application for preapproval.<\/p>\n\n\n\n<p>When it comes to mortgages, it\u2019s certainly possible to buy a new home while you\u2019re paying a mortgage on your current home, if you can afford it. When applying for a mortgage on your new home, you could make the case to a lender that you can afford two mortgages at once, and simply apply for a new mortgage while listing your current mortgage as one of your current debts \u2013 but that will likely lead to quite a steep debt-to-income ratio, an important factor in what kind of an interest rate you can get, and whether you\u2019re approved at all.<\/p>\n\n\n\n<p>If you don\u2019t have the option to comfortably afford two mortgages (and the majority of homebuyers don\u2019t), don\u2019t panic. You have the option to apply for a loan that\u2019s contingent on the sale of your current home \u2013 meaning your lender won\u2019t count your current mortgage as a debt, because they won\u2019t be releasing your new mortgage funds until you\u2019ve sold it. (We\u2019ll get into this more below, when we discuss contingencies.)<\/p>\n\n\n\n<p>That said, there\u2019s still the question of the down payment on a new home, and the <a href=\"https:\/\/www.khov.com\/blog\/what-is-proof-of-funds-real-estate\/\" target=\"_blank\" rel=\"noreferrer noopener\">Proof of Funds<\/a> letter that will be part of your mortgage application. If you don\u2019t have savings to dip into, you will need to show a certain amount of money in the bank to get a good mortgage, and a blank space for future sale proceeds won\u2019t count. That\u2019s where outside financing comes in. Let\u2019s look at two of the most common options for homebuyers who find themselves between buying and selling.<\/p>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-6f4f6cef wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.khov.com\/blog\/wp-content\/uploads\/2022\/09\/heloc-or-bridge-loan.png \" src=\"https:\/\/www.khov.com\/blog\/wp-content\/uploads\/2022\/09\/heloc-or-bridge-loan.png\" alt=\"HELOC vs Bridge Loan - How to Sell Your Home While Buying a New One\" class=\"uag-image-2431\" width=\"960\" height=\"540\" title=\"\"\/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Home Equity Line of Credit (HELOC)<\/h3>\n\n\n\n<p>A <a href=\"https:\/\/consumer.ftc.gov\/articles\/home-equity-loans-and-home-equity-lines-credit\" target=\"_blank\" rel=\"noreferrer noopener\">Home Equity Line of Credit (HELOC)<\/a> is a loan you can take out using your current home as the collateral \u2013 so that even if you haven\u2019t sold it yet, a lender can look at what the home is worth, and lend you some funds on the assumption that you\u2019ll soon be able to sell it.<\/p>\n\n\n\n<p>HELOCs generally offer competitive interest rates, often far lower than what you\u2019d see with a source of unsecured borrowing, like a personal loan or credit card, or even with a secured home equity loan. But they can still function like a credit card, in that rather than a lump sum, you\u2019ll have a set amount of credit available to you (based on the amount of your home), and then you can periodically draw as much as you need from that pool. Once you sell your home, you use the proceeds to pay back however much you\u2019ve taken out against your HELOC.<\/p>\n\n\n\n<p>A big plus of the HELOC is that you can often wait as long as 10 years before you have to start repaying the amount you withdraw, and only make payments on the interest in the interim \u2013 but you\u2019ll want to try to start repaying sooner than that, and take out as little as possible, so that you\u2019re paying less interest, and have less principal to pay back.<\/p>\n\n\n\n<p>Of course, this type of borrowing carries its own risks \u2013most notably, the lender will put a lien on your home (presumably a second lien, if you already have a mortgage on the home), which gives them the right to seize the home if you\u2019re unable to make payments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span id=\"bridge-loan\" class=\"uag-toc__heading-anchor\"><\/span>Bridge Loan<\/h3>\n\n\n\n<p>Another option is a bridge loan, which is typically used for exactly this situation. As the name suggests, these kinds of loans are meant to bridge the gap between selling your current home and paying for your new one, should you find yourself stuck in between. Bridge loans generally also require your current home equity as collateral, but unlike the HELOC, the funds come in a lump sum. This can be helpful if you know you\u2019re going to need a large cash infusion all at once, rather than periodically borrow more as you need it.<\/p>\n\n\n\n<p>Because they\u2019re short-term loans (typically six months to a year), interest rates on bridge loans tend to be 2-3% higher than on longer-term mortgages, with up to another 4% on top of that for fees and administrative expenses. Unlike HELOCs, which require you to start making interest payments as soon as you draw any credit, bridge loans won\u2019t require any repayment until you sell your home (as long as that\u2019s within the loan period). But you\u2019ll also find yourself with a much steeper bill to foot, and much sooner, than with a HELOC.<\/p>\n\n\n<style>.kadence-column2348_2b44a5-31 > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px #e5e5e5;}.kadence-column2348_2b44a5-31 > .kt-inside-inner-col,.kadence-column2348_2b44a5-31 > .kt-inside-inner-col:before{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kadence-column2348_2b44a5-31 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_2b44a5-31 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_2b44a5-31 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_2b44a5-31 > .kt-inside-inner-col{background-color:var(--global-palette1, #3182CE);}.kadence-column2348_2b44a5-31 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_2b44a5-31{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_2b44a5-31 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_2b44a5-31 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_2b44a5-31 inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-wrap.wp-block-kadence-rowlayout.kb-row-layout-id2348_bf3449-49{margin-top:0px;margin-bottom:0px;}.kb-row-layout-id2348_bf3449-49 > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id2348_bf3449-49 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id2348_bf3449-49 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;grid-template-columns:minmax(0, calc(10% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(90% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id2348_bf3449-49{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;overflow:clip;isolation:isolate;}.kb-row-layout-id2348_bf3449-49 > .kt-row-layout-overlay{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kb-row-layout-id2348_bf3449-49{background-color:#7ab4ba;}.kb-row-layout-id2348_bf3449-49 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_bf3449-49 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_bf3449-49 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_bf3449-49 alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_91c8f3-8a > .kt-inside-inner-col,.kadence-column2348_91c8f3-8a > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_91c8f3-8a > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_91c8f3-8a > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_91c8f3-8a > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_91c8f3-8a > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_91c8f3-8a{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_91c8f3-8a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_91c8f3-8a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_91c8f3-8a inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-icon.kt-svg-icons2348_6943ec-c7{justify-content:flex-end;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2348_6943ec-c7 alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2348_759aa9-02 .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2348_759aa9-02 .kb-svg-icon-wrap{color:#ffffff;font-size:50px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2348_759aa9-02\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_info-circle\"><svg viewBox=\"0 0 512 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M256 8C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm0 110c23.196 0 42 18.804 42 42s-18.804 42-42 42-42-18.804-42-42 18.804-42 42-42zm56 254c0 6.627-5.373 12-12 12h-88c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h12v-64h-12c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h64c6.627 0 12 5.373 12 12v100h12c6.627 0 12 5.373 12 12v24z\"\/><\/svg><\/span><\/div>\n<\/div>\n<\/div><\/div>\n\n\n<style>.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{display:flex;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{padding-top:10px;padding-right:10px;padding-bottom:10px;padding-left:15px;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col,.kadence-column2348_a3b71b-8e > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:0px;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column2348_a3b71b-8e{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_a3b71b-8e{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{background-color:#f7fafc;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_a3b71b-8e{position:relative;}.kadence-column2348_a3b71b-8e, .kt-inside-inner-col > .kadence-column2348_a3b71b-8e:not(.specificity){margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column2348_a3b71b-8e{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_a3b71b-8e{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column2348_a3b71b-8e{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_a3b71b-8e{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_a3b71b-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}.kadence-column2348_a3b71b-8e {overflow:hidden;}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_a3b71b-8e inner-column-2\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-advancedheading.kt-adv-heading2348_d1c12f-84, .wp-block-kadence-advancedheading.kt-adv-heading2348_d1c12f-84[data-kb-block=\"kb-adv-heading2348_d1c12f-84\"]{margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading2348_d1c12f-84 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2348_d1c12f-84[data-kb-block=\"kb-adv-heading2348_d1c12f-84\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}<\/style>\n<p class=\"kt-adv-heading2348_d1c12f-84 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2348_d1c12f-84\">With both these options \u2013 as with all loans \u2013 the sooner you\u2019re able to pay them back, the less you end up paying in interest, and the more financial sense they make.<\/p>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"4-ibuyer-companies\" class=\"uag-toc__heading-anchor\"><\/span>4. iBuyer Companies<\/h2>\n\n\n\n<p>It\u2019s worth noting that in recent years, there\u2019s also been a growth of iBuyer companies \u2013 including <a href=\"https:\/\/www.zillow.com\/sell\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Zillow Offers<\/a>, <a href=\"https:\/\/www.redfin.com\/services\/redfinnow\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Redfin Now<\/a>, and real estate startups like <a href=\"https:\/\/www.opendoor.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Opendoor<\/a> or <a href=\"https:\/\/www.homeward.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Homeward<\/a> \u2013 which can finance your down payment on your next home (among other things), even if you haven\u2019t closed a sale on your existing home yet. They typically do this by making an all-cash offer on your home, sometimes within as little as 24 hours of you first submitting a request \u2013 which can get you the cash you need for a down payment fast, without the stress of finding a buyer.<\/p>\n\n\n\n<p>That said, no option is without its downsides. iBuyer companies offer a lot of speed and convenience, but they\u2019re for-profit companies like any other, and will generally make a lower offer than you\u2019d get from an individual buyer. They can also charge high fees and balk on repairs to the home (so that you end up paying more for repairs than you might have working with a real estate agent), so it\u2019s wisest not to go this route unless you\u2019re an experienced seller who can keep an eye out for red flags.<\/p>\n\n\n<style>.kadence-column2348_07b687-88 > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px #e5e5e5;}.kadence-column2348_07b687-88 > .kt-inside-inner-col,.kadence-column2348_07b687-88 > .kt-inside-inner-col:before{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kadence-column2348_07b687-88 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_07b687-88 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_07b687-88 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_07b687-88 > .kt-inside-inner-col{background-color:var(--global-palette1, #3182CE);}.kadence-column2348_07b687-88 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_07b687-88{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_07b687-88 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_07b687-88 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_07b687-88 inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-wrap.wp-block-kadence-rowlayout.kb-row-layout-id2348_a5ea77-5f{margin-top:0px;margin-bottom:0px;}.kb-row-layout-id2348_a5ea77-5f > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id2348_a5ea77-5f > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id2348_a5ea77-5f > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;grid-template-columns:minmax(0, calc(10% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(90% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id2348_a5ea77-5f{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;overflow:clip;isolation:isolate;}.kb-row-layout-id2348_a5ea77-5f > .kt-row-layout-overlay{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kb-row-layout-id2348_a5ea77-5f{background-color:#7ab4ba;}.kb-row-layout-id2348_a5ea77-5f > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_a5ea77-5f > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_a5ea77-5f > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_a5ea77-5f alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_1301ca-0d > .kt-inside-inner-col,.kadence-column2348_1301ca-0d > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_1301ca-0d > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_1301ca-0d > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_1301ca-0d > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_1301ca-0d > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_1301ca-0d{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_1301ca-0d > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_1301ca-0d > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_1301ca-0d inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-icon.kt-svg-icons2348_203b36-6d{justify-content:flex-end;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2348_203b36-6d alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2348_2099b6-14 .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2348_2099b6-14 .kb-svg-icon-wrap{color:#ffffff;font-size:50px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2348_2099b6-14\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_info-circle\"><svg viewBox=\"0 0 512 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M256 8C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm0 110c23.196 0 42 18.804 42 42s-18.804 42-42 42-42-18.804-42-42 18.804-42 42-42zm56 254c0 6.627-5.373 12-12 12h-88c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h12v-64h-12c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h64c6.627 0 12 5.373 12 12v100h12c6.627 0 12 5.373 12 12v24z\"\/><\/svg><\/span><\/div>\n<\/div>\n<\/div><\/div>\n\n\n<style>.kadence-column2348_e50903-3c > .kt-inside-inner-col{display:flex;}.kadence-column2348_e50903-3c > .kt-inside-inner-col{padding-top:20px;padding-right:10px;padding-bottom:0px;padding-left:15px;}.kadence-column2348_e50903-3c > .kt-inside-inner-col,.kadence-column2348_e50903-3c > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:0px;}.kadence-column2348_e50903-3c > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_e50903-3c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_e50903-3c > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column2348_e50903-3c{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_e50903-3c{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_e50903-3c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_e50903-3c > .kt-inside-inner-col{background-color:#f7fafc;}.kadence-column2348_e50903-3c > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_e50903-3c{position:relative;}.kadence-column2348_e50903-3c, .kt-inside-inner-col > .kadence-column2348_e50903-3c:not(.specificity){margin-top:0px;margin-right:0px;margin-left:0px;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column2348_e50903-3c{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_e50903-3c{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_e50903-3c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column2348_e50903-3c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column2348_e50903-3c{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_e50903-3c{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_e50903-3c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_e50903-3c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}.kadence-column2348_e50903-3c {overflow:hidden;}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_e50903-3c inner-column-2\"><div class=\"kt-inside-inner-col\">\n<p>One factor that\u2019s easy to overlook is that iBuyers also eliminate the emotional element of finding a buyer yourself. For many homeowners, especially those who\u2019ve lived in their home for a long time, finding someone who loves the home, learning about their plans for it, and moving out knowing that they\u2019ve left your home in good hands, is an important part of the process.<\/p>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"5-find-the-right-listing-agent\" class=\"uag-toc__heading-anchor\"><\/span>5. Find the Right Listing Agent<\/h2>\n\n\n\n<p>Assuming you do decide to work with a real estate agent (or agents), you\u2019ll want to choose them carefully. Many of the criteria for finding a good listing agent and a good buyer\u2019s agent are the same \u2013 and come down to more factors than simply choosing whichever agent charges the lowest commission.<\/p>\n\n\n\n<p>It\u2019s always a good idea to ask around with friends and family for referrals, to see who\u2019s had a good experience \u2013 but also worth remembering that anecdotal information isn\u2019t the end-all-be-all. You\u2019ll find that many agents have websites with their professional background and even personal bios, though you won\u2019t just take their word for it; you\u2019ll definitely want to check public records in your state, to make sure that they have a current valid professional license. (This is an easy process, as those records are generally online and easy to access.)<\/p>\n\n\n\n<p>Here are some other key things to look for:<\/p>\n\n\n<style>.kb-row-layout-id2348_dbaf48-58 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_dbaf48-58 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_dbaf48-58 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_dbaf48-58 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_dbaf48-58 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_dbaf48-58 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_dbaf48-58 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px rgba(0, 0, 0, 0.2);border-left:10px solid #7ab4ba;}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col,.kadence-column2348_1a9554-f8 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{column-gap:0px;}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{background-color:var(--global-palette8, #F7FAFC);}.kadence-column2348_1a9554-f8 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_1a9554-f8{text-align:left;}.kadence-column2348_1a9554-f8{position:relative;}.kadence-column2348_1a9554-f8, .kt-inside-inner-col > .kadence-column2348_1a9554-f8:not(.specificity){margin-top:0px;margin-right:0px;margin-bottom:0px;}@media all and (max-width: 1024px){.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_1a9554-f8 > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_1a9554-f8 kb-section-dir-vertical inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-id2348_e1e3fd-99 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_e1e3fd-99 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_e1e3fd-99 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_e1e3fd-99 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_e1e3fd-99 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_e1e3fd-99 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_e1e3fd-99 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2348_b5d077-2f > .kt-inside-inner-col,.kadence-column2348_b5d077-2f > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_b5d077-2f > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_b5d077-2f > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_b5d077-2f > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_b5d077-2f > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_b5d077-2f{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_b5d077-2f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_b5d077-2f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_b5d077-2f inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-advancedheading.kt-adv-heading2348_0f0cb1-4f, .wp-block-kadence-advancedheading.kt-adv-heading2348_0f0cb1-4f[data-kb-block=\"kb-adv-heading2348_0f0cb1-4f\"]{display:block;font-size:22px;font-weight:900;font-style:normal;text-transform:uppercase;letter-spacing:1px;color:#7ab4ba;}.wp-block-kadence-advancedheading.kt-adv-heading2348_0f0cb1-4f mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2348_0f0cb1-4f[data-kb-block=\"kb-adv-heading2348_0f0cb1-4f\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}<\/style>\n<span class=\"kt-adv-heading2348_0f0cb1-4f wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2348_0f0cb1-4f\">key things to look for:<\/span>\n\n\n\n<ul class=\"wp-block-list\">\n<li>knowledge of the local market<\/li>\n\n\n\n<li>solid experience<\/li>\n\n\n\n<li>a history of profitable sales<\/li>\n\n\n\n<li>professional reputation<\/li>\n<\/ul>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n<\/div><\/div>\n\n\n<p><\/p>\n\n\n\n<p>Don\u2019t be afraid to ask for references, and interview potential agents as well! In fact, it\u2019s a good idea. In the case of a listing agent, some good questions to ask include:<\/p>\n\n\n<style>.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px rgba(0, 0, 0, 0.2);border-left:10px solid #7ab4ba;}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col,.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{column-gap:0px;}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{background-color:var(--global-palette8, #F7FAFC);}.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_6ec5bf-34{text-align:left;}.kadence-column2348_6ec5bf-34{position:relative;}.kadence-column2348_6ec5bf-34, .kt-inside-inner-col > .kadence-column2348_6ec5bf-34:not(.specificity){margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;}@media all and (max-width: 1024px){.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_6ec5bf-34 > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_6ec5bf-34 kb-section-dir-vertical inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-id2348_d5d24a-4d > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_d5d24a-4d > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_d5d24a-4d > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_d5d24a-4d > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_d5d24a-4d > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_d5d24a-4d > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_d5d24a-4d alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col,.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_a8b5d9-5f{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_a8b5d9-5f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_a8b5d9-5f inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-advancedheading.kt-adv-heading2348_956dc5-4e, .wp-block-kadence-advancedheading.kt-adv-heading2348_956dc5-4e[data-kb-block=\"kb-adv-heading2348_956dc5-4e\"]{display:block;font-size:22px;font-weight:900;font-style:normal;text-transform:uppercase;letter-spacing:1px;color:#7ab4ba;}.wp-block-kadence-advancedheading.kt-adv-heading2348_956dc5-4e mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2348_956dc5-4e[data-kb-block=\"kb-adv-heading2348_956dc5-4e\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}<\/style>\n<span class=\"kt-adv-heading2348_956dc5-4e wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2348_956dc5-4e\">Questions to Ask a listings agent:<\/span>\n\n\n\n<ul class=\"wp-block-list\">\n<li>What\u2019s your estimate of my home price, and why?<\/li>\n\n\n\n<li>What are some similar listings in my area?<\/li>\n\n\n\n<li>How can I improve my home, so it fetches the highest price?<\/li>\n\n\n\n<li>What\u2019s your marketing strategy for my home?<\/li>\n\n\n\n<li>How long do you anticipate it will take to sell?<\/li>\n<\/ul>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Of course, not even the best real estate agent has a crystal ball, and it\u2019s impossible to predict with 100% certainty how long it will take to sell a home, but the more reasons they have behind their estimate \u2013 and the more those reasons are based on experience \u2013 the better.<\/p>\n\n\n\n<p>There\u2019s also no underestimating the importance of personal rapport, and how well you get along with an agent \u2013 not only because it makes the process more pleasant for you, but because a real estate agent who\u2019s not only savvy, but affable, has a better chance at striking deals and getting a great result for their client.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"6-find-the-right-buyers-agent\" class=\"uag-toc__heading-anchor\"><\/span>6. Find the Right Buyer\u2019s Agent<\/h2>\n\n\n\n<p>Most of what we\u2019ve said above applies to finding a buyer\u2019s agent, too. When interviewing potential candidates, here are some questions more tailored for a buyer\u2019s agent:<\/p>\n\n\n<style>.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px rgba(0, 0, 0, 0.2);border-left:10px solid #7ab4ba;}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col,.kadence-column2348_a2ee71-bd > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{column-gap:0px;}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{background-color:var(--global-palette8, #F7FAFC);}.kadence-column2348_a2ee71-bd > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_a2ee71-bd{text-align:left;}.kadence-column2348_a2ee71-bd{position:relative;}.kadence-column2348_a2ee71-bd, .kt-inside-inner-col > .kadence-column2348_a2ee71-bd:not(.specificity){margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;}@media all and (max-width: 1024px){.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_a2ee71-bd > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_a2ee71-bd kb-section-dir-vertical inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-id2348_7d7f22-d8 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_7d7f22-d8 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_7d7f22-d8 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_7d7f22-d8 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_7d7f22-d8 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_7d7f22-d8 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_7d7f22-d8 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2348_210dd9-95 > .kt-inside-inner-col,.kadence-column2348_210dd9-95 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_210dd9-95 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_210dd9-95 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_210dd9-95 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_210dd9-95 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_210dd9-95{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_210dd9-95 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_210dd9-95 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_210dd9-95 inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-advancedheading.kt-adv-heading2348_40cd38-f2, .wp-block-kadence-advancedheading.kt-adv-heading2348_40cd38-f2[data-kb-block=\"kb-adv-heading2348_40cd38-f2\"]{display:block;font-size:22px;font-weight:900;font-style:normal;text-transform:uppercase;letter-spacing:1px;color:#7ab4ba;}.wp-block-kadence-advancedheading.kt-adv-heading2348_40cd38-f2 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2348_40cd38-f2[data-kb-block=\"kb-adv-heading2348_40cd38-f2\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}<\/style>\n<span class=\"kt-adv-heading2348_40cd38-f2 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2348_40cd38-f2\">Questions to Ask a buyer&#8217;s agent:<\/span>\n\n\n\n<ul class=\"wp-block-list\">\n<li>How can you help me negotiate with sellers?<\/li>\n\n\n\n<li>How can you help me find the best homes in my price range, and to meet my needs?<\/li>\n\n\n\n<li>What\u2019s your plan for helping me make competitive offers?<\/li>\n\n\n\n<li>What are the upsides, and downsides, of buying in the current market? Which issues might I come up against, and how would you address them?<\/li>\n<\/ul>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>In some areas, you may have the option of a full-service agent, also known as a dual agent, who represents both the buyer and seller in a transaction \u2013 which can cut down on <a href=\"https:\/\/www.khov.com\/blog\/who-pays-realtor-fees\/\" target=\"_blank\" rel=\"noreferrer noopener\">real estate agent fees<\/a>, but also raises questions of conflicts of interest. For this reason and others, dual agency is illegal in some states.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"7-consider-the-contingencies\" class=\"uag-toc__heading-anchor\"><\/span>7. Consider the Contingencies<\/h2>\n\n\n\n<p>Perhaps your greatest tools in trying to avoid getting stuck between a rock and a hard place are <a href=\"https:\/\/en.wikipedia.org\/wiki\/Real_estate_contract#Contingencies\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">contingencies<\/a>. Many homebuyers trying to sell an old home and buy a new one at the same time will simply insert a contingency into their offer on a new home, which states that they can\u2019t close on the home they want until they\u2019ve sold their current one.<\/p>\n\n\n\n<p>On the reverse side, sellers can also insert a contingency stating that they won\u2019t move out of their current home until they\u2019ve found their next one. (These are just a couple of common contingencies you\u2019ll need to be aware of; see our recent post on contingencies for more.)<\/p>\n\n\n\n<p>Both of these approaches make sense, but they come with risk. Especially in a competitive market, one way for potential buyers to make their offers stand out is to include as few contingencies as possible \u2013 even, in some cases, no contingencies at all. If you make an offer on your dream home that comes with strings attached, and someone else makes an offer with fewer strings \u2013 or none \u2014 you may well find yourself missing out on your first choice. You\u2019ll likely have the option to remove any of your contingencies if getting the house matters more to you than anything, but this poses a different kind of risk, since you now could find yourself with two mortgages to pay.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"8-get-your-house-ready-to-sell\" class=\"uag-toc__heading-anchor\"><\/span>8. Get Your House Ready to Sell<\/h2>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-041dd7db wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.khov.com\/blog\/wp-content\/uploads\/2022\/09\/75690_Tuscany-II-4004_Great-Room-1024x655.jpg \" src=\"https:\/\/www.khov.com\/blog\/wp-content\/uploads\/2022\/09\/75690_Tuscany-II-4004_Great-Room-1024x655.jpg\" alt=\"Get Your House Ready to Sell - How to Sell Your Home While Buying a New One\" class=\"uag-image-2433\" width=\"1024\" height=\"655\" title=\"\"\/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Before getting your home to look picture-perfect for photos, the best place to start is getting a good understanding of your home\u2019s actual value. Especially if you\u2019ve lived in it for a long time, a home can seem priceless to you \u2013 or at least appear to be worth a lot more than it is \u2013 when it won\u2019t to an outside buyer. If your asking price is too high right out of the gate, this can not only hamper your chances of selling the home, but cause you to look for homes at a price point you won\u2019t actually be able to afford. Speaking with a local real estate agent is a great way to get a sense of how much your home could actually sell for.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span id=\"staging\" class=\"uag-toc__heading-anchor\"><\/span>Staging Your Home<\/h3>\n\n\n\n<p>A key part of getting ready to sell your home is staging: setting the stage for your home to look its best to potential buyers, both in terms of photos for listings and brochures, and in terms of showings, when you\u2019re ready to have interested buyers walk through the home.<\/p>\n\n\n\n<p>At its earliest steps, the staging process includes going through your possessions, decluttering, and tossing out anything that doesn\u2019t seem worth the trouble to move. It will be important for your home to ultimately look as empty, spacious, and impersonal as possible \u2013 even if you\u2019re still living there \u2013 because potential buyers want to be able to picture themselves in a new space, rather than be confronted with the family photos of the people who\u2019ve been living in it before them.<\/p>\n\n\n\n<p>Here are some key steps to the staging process:<\/p>\n\n\n<style>.kadence-column2348_73ac16-69 > .kt-inside-inner-col{padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kadence-column2348_73ac16-69 > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px rgba(0, 0, 0, 0.2);border-left:10px solid #7ab4ba;}.kadence-column2348_73ac16-69 > .kt-inside-inner-col,.kadence-column2348_73ac16-69 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_73ac16-69 > .kt-inside-inner-col{column-gap:0px;}.kadence-column2348_73ac16-69 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_73ac16-69 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_73ac16-69 > .kt-inside-inner-col{background-color:var(--global-palette8, #F7FAFC);}.kadence-column2348_73ac16-69 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_73ac16-69{text-align:left;}.kadence-column2348_73ac16-69{position:relative;}.kadence-column2348_73ac16-69, .kt-inside-inner-col > .kadence-column2348_73ac16-69:not(.specificity){margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;}@media all and (max-width: 1024px){.kadence-column2348_73ac16-69 > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_73ac16-69 > .kt-inside-inner-col{border-left:10px solid #7ab4ba;flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_73ac16-69 kb-section-dir-vertical inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-id2348_8c9d59-f4 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_8c9d59-f4 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_8c9d59-f4 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_8c9d59-f4 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_8c9d59-f4 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_8c9d59-f4 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_8c9d59-f4 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2348_8cc533-16 > .kt-inside-inner-col,.kadence-column2348_8cc533-16 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_8cc533-16 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_8cc533-16 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_8cc533-16 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_8cc533-16 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_8cc533-16{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_8cc533-16 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_8cc533-16 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_8cc533-16 inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-advancedheading.kt-adv-heading2348_f8813c-e1, .wp-block-kadence-advancedheading.kt-adv-heading2348_f8813c-e1[data-kb-block=\"kb-adv-heading2348_f8813c-e1\"]{display:block;font-size:22px;font-weight:900;font-style:normal;text-transform:uppercase;letter-spacing:1px;color:#7ab4ba;}.wp-block-kadence-advancedheading.kt-adv-heading2348_f8813c-e1 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2348_f8813c-e1[data-kb-block=\"kb-adv-heading2348_f8813c-e1\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}<\/style>\n<span class=\"kt-adv-heading2348_f8813c-e1 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2348_f8813c-e1\">Key Steps to Staging:<\/span>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Declutter<\/li>\n\n\n\n<li>Remove personal items, unnecessary appliances, toys etc. (these can always just be put away and put back in place once potential buyers leave)<\/li>\n\n\n\n<li>Moving extra boxes and furniture into storage, if possible<\/li>\n\n\n\n<li>Deep cleaning, including getting rid of any odors<\/li>\n\n\n\n<li>Removing any individual interior stylings, as much as possible, i.e., taking away distinctive decorative items and repaint colorful walls to a more neutral shade<\/li>\n<\/ul>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span id=\"necessary-maintenance\" class=\"uag-toc__heading-anchor\"><\/span><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Necessary Maintenance<\/h3>\n\n\n\n<p>This stage of the process isn\u2019t just about decluttering and tidying. If there\u2019s any maintenance or repairs you\u2019ve been putting off, now\u2019s a good time to do it; some sellers will even pay for a home inspection of their own before undertaking this stage, to get ahead of potential problems that the seller might object to.<\/p>\n\n\n\n<p>On the more minor side, you should take the time to touch up your home\u2019s paint job (both interior and exterior), replace old appliances, and consider installing new fixtures and lighting. You want your home to look its absolute best.<\/p>\n\n\n\n<p>Of course, if there are more major repairs to do \u2013 say, if the roof needs more than minor attention, or if you never got around to having the A\/C repaired \u2013 you may want to consider asking the buyer to take on these repairs as part of the contract, and likely lowering your asking price as a result.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"9-plan-for-the-worst\" class=\"uag-toc__heading-anchor\"><\/span>9. Plan for the Worst<\/h2>\n\n\n\n<p>Hopefully you won\u2019t find yourself living any particularly dire scenario, but it\u2019s always possible, and good to be prepared for.<\/p>\n\n\n\n<p>If there\u2019s any chance that you could sell your current home without having a new one to move into, try to make a plan in advance. Could you add a rent-back contingency to your contract? Do you have friends and family you might stay with in the interim? If so, for how long? Would you need to put your items in storage? Plan ahead to establish who you\u2019d stay with, or where that storage space would be.<\/p>\n\n\n\n<p>If you think you might need a short-term rental \u2013 which isn\u2019t ideal, since it involves two sets of moving expenses, but certainly common \u2013 try to find someplace month-to-month, or where you can leave with one month\u2019s notice (hopefully without paying hefty penalties for breaking the lease).<\/p>\n\n\n\n<p>And if you could find yourself with a new home ready to go but an old home still to pay for, do what you can to have that money set aside, or make a solid plan for where it will come from. Look into <a href=\"https:\/\/www.khov.com\/blog\/types-of-home-loans\/\">what kind of loan<\/a> or line of credit you would need, whether there are savings you can draw from, or whether you have friends or family who would be willing to spot you the cash. <\/p>\n\n\n<style>.kb-row-layout-id2348_d527bf-ac > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2348_d527bf-ac > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2348_d527bf-ac > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2348_d527bf-ac > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_d527bf-ac > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_d527bf-ac > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_d527bf-ac alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_6f746e-ac > .kt-inside-inner-col{box-shadow:0px 0px 25px 0px #e5e5e5;}.kadence-column2348_6f746e-ac > .kt-inside-inner-col,.kadence-column2348_6f746e-ac > .kt-inside-inner-col:before{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kadence-column2348_6f746e-ac > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_6f746e-ac > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_6f746e-ac > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_6f746e-ac > .kt-inside-inner-col{background-color:var(--global-palette1, #3182CE);}.kadence-column2348_6f746e-ac > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_6f746e-ac{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_6f746e-ac > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_6f746e-ac > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_6f746e-ac inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-wrap.wp-block-kadence-rowlayout.kb-row-layout-id2348_203851-75{margin-top:0px;margin-bottom:0px;}.kb-row-layout-id2348_203851-75 > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id2348_203851-75 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id2348_203851-75 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:1140px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;grid-template-columns:minmax(0, calc(10% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(90% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id2348_203851-75{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;overflow:clip;isolation:isolate;}.kb-row-layout-id2348_203851-75 > .kt-row-layout-overlay{border-top-left-radius:15px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:15px;}.kb-row-layout-id2348_203851-75{background-color:#7ab4ba;}.kb-row-layout-id2348_203851-75 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2348_203851-75 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id2348_203851-75 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2348_203851-75 alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle kt-inner-column-height-full kb-theme-content-width\">\n<style>.kadence-column2348_97a760-b8 > .kt-inside-inner-col,.kadence-column2348_97a760-b8 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2348_97a760-b8 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_97a760-b8 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2348_97a760-b8 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2348_97a760-b8 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_97a760-b8{position:relative;}@media all and (max-width: 1024px){.kadence-column2348_97a760-b8 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2348_97a760-b8 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_97a760-b8 inner-column-1\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-icon.kt-svg-icons2348_008d4f-9e{justify-content:flex-end;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2348_008d4f-9e alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2348_f53fca-ba .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2348_f53fca-ba .kb-svg-icon-wrap{color:#ffffff;font-size:50px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2348_f53fca-ba\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_info-circle\"><svg viewBox=\"0 0 512 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M256 8C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm0 110c23.196 0 42 18.804 42 42s-18.804 42-42 42-42-18.804-42-42 18.804-42 42-42zm56 254c0 6.627-5.373 12-12 12h-88c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h12v-64h-12c-6.627 0-12-5.373-12-12v-24c0-6.627 5.373-12 12-12h64c6.627 0 12 5.373 12 12v100h12c6.627 0 12 5.373 12 12v24z\"\/><\/svg><\/span><\/div>\n<\/div>\n<\/div><\/div>\n\n\n<style>.kadence-column2348_135aab-08 > .kt-inside-inner-col{display:flex;}.kadence-column2348_135aab-08 > .kt-inside-inner-col{padding-top:20px;padding-right:10px;padding-bottom:0px;padding-left:15px;}.kadence-column2348_135aab-08 > .kt-inside-inner-col,.kadence-column2348_135aab-08 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:15px;border-bottom-right-radius:15px;border-bottom-left-radius:0px;}.kadence-column2348_135aab-08 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2348_135aab-08 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_135aab-08 > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column2348_135aab-08{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_135aab-08{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_135aab-08 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_135aab-08 > .kt-inside-inner-col{background-color:#f7fafc;}.kadence-column2348_135aab-08 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2348_135aab-08{position:relative;}.kadence-column2348_135aab-08, .kt-inside-inner-col > .kadence-column2348_135aab-08:not(.specificity){margin-top:0px;margin-right:0px;margin-left:0px;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column2348_135aab-08{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_135aab-08{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_135aab-08 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column2348_135aab-08 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column2348_135aab-08{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_135aab-08{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column2348_135aab-08 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column2348_135aab-08 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}.kadence-column2348_135aab-08 {overflow:hidden;}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2348_135aab-08 inner-column-2\"><div class=\"kt-inside-inner-col\">\n<p>If you think you\u2019d need a loan, do what you can to get preapproved for it before you\u2019d actually need it (and hopefully you won\u2019t).<\/p>\n<\/div><\/div>\n\n<\/div><\/div><\/div><\/div>\n\n<\/div><\/div>\n\n\n<p><\/p>\n\n\n\n<p>If a loan isn\u2019t right for you and you really need the proceeds of your old home ASAP, consider whether you\u2019d be willing to lower the asking price to find a buyer more quickly, or turn to an iBuyer company who might make an offer on the low end. These are all questions to answer before you\u2019re actually in this kind of situation, when you may be too stressed to think as clearly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span id=\"10-final-thoughts\" class=\"uag-toc__heading-anchor\"><\/span>10. Final Thoughts<\/h2>\n\n\n\n<p>Anyone who\u2019s ever considered buying or selling a home can agree that the process is never going to be simple \u2013 and if you find yourself trying to do both at once, there\u2019s no point pretending it will be effortless. But with a little strategy and planning \u2013 resources that will take you a long way, no matter where you are in the process \u2013 you can definitely end up in the right place.<\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\"><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>At first glance, selling your current home while buying a new one might seem like something of a magic trick. Both those transactions have so many moving pieces already \u2013 how could you possibly spin all those plates in the air without breaking them, or make your old house vanish as your new one appears?<\/p>\n","protected":false},"author":2,"featured_media":2445,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[4],"tags":[12],"class_list":["post-2348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying","tag-home-buying"],"featured_image_src":"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg","author_info":{"display_name":"K. Hovnanian Homes","author_link":"https:\/\/blog.khov.com\/blog\/author\/khovblog1\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Sell Your Home While Buying a New One<\/title>\n<meta name=\"description\" content=\"How to Sell Your Home While Buying a New One - Essential steps to selling your home while buying a new one. Step 1. Should you buy a home first or sell a home first? Step 2. Assess the Real Estate Market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Sell Your Home While Buying a New One\" \/>\n<meta property=\"og:description\" content=\"How to Sell Your Home While Buying a New One - Essential steps to selling your home while buying a new one. Step 1. Should you buy a home first or sell a home first? Step 2. Assess the Real Estate Market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\" \/>\n<meta property=\"og:site_name\" content=\"The K. Hovnanian\u00ae Homes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/khovnanianhomes\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-05T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-15T16:01:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.khov.com\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2500\" \/>\n\t<meta property=\"og:image:height\" content=\"1500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"K. Hovnanian Homes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@khov\" \/>\n<meta name=\"twitter:site\" content=\"@khov\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"K. Hovnanian Homes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"32 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\"},\"author\":{\"name\":\"K. Hovnanian Homes\",\"@id\":\"https:\/\/blog.khov.com\/blog\/#\/schema\/person\/72d55efc7e9830263f317e1504fc3085\"},\"headline\":\"How to Sell Your Home While Buying a New One\",\"datePublished\":\"2022-10-05T16:00:00+00:00\",\"dateModified\":\"2025-01-15T16:01:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\"},\"wordCount\":3534,\"publisher\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage\"},\"thumbnailUrl\":\"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg\",\"keywords\":[\"home-buying\"],\"articleSection\":[\"Buying\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\",\"url\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\",\"name\":\"How to Sell Your Home While Buying a New One\",\"isPartOf\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage\"},\"thumbnailUrl\":\"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg\",\"datePublished\":\"2022-10-05T16:00:00+00:00\",\"dateModified\":\"2025-01-15T16:01:12+00:00\",\"description\":\"How to Sell Your Home While Buying a New One - Essential steps to selling your home while buying a new one. Step 1. Should you buy a home first or sell a home first? Step 2. Assess the Real Estate Market.\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage\",\"url\":\"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg\",\"contentUrl\":\"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg\",\"width\":2500,\"height\":1500,\"caption\":\"How to Sell Your Home While Buying a New One\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blog.khov.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Sell Your Home While Buying a New One\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.khov.com\/blog\/#website\",\"url\":\"https:\/\/blog.khov.com\/blog\/\",\"name\":\"The K. Hovnanian\u00ae Homes Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.khov.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.khov.com\/blog\/#organization\",\"name\":\"K. Hovnanian Homes, Inc.\",\"url\":\"https:\/\/blog.khov.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.khov.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"\/blog\/wp-content\/uploads\/2022\/03\/KH-Cropped.png\",\"contentUrl\":\"\/blog\/wp-content\/uploads\/2022\/03\/KH-Cropped.png\",\"width\":1200,\"height\":630,\"caption\":\"K. Hovnanian Homes, Inc.\"},\"image\":{\"@id\":\"https:\/\/blog.khov.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/khovnanianhomes\/\",\"https:\/\/x.com\/khov\",\"https:\/\/www.instagram.com\/khovhomes\/?hl=en\",\"https:\/\/www.linkedin.com\/company\/k--hovnanian-homes\/\",\"https:\/\/www.pinterest.com\/khovnanianhomes\/\",\"https:\/\/www.youtube.com\/KHovnanianHomes\",\"https:\/\/en.wikipedia.org\/wiki\/Hovnanian_Enterprises\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.khov.com\/blog\/#\/schema\/person\/72d55efc7e9830263f317e1504fc3085\",\"name\":\"K. Hovnanian Homes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.khov.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"\/blog\/wp-content\/uploads\/2019\/01\/about_khov_graphic-150x150.png\",\"contentUrl\":\"\/blog\/wp-content\/uploads\/2019\/01\/about_khov_graphic-150x150.png\",\"caption\":\"K. Hovnanian Homes\"},\"description\":\"K. Hovnanian\u00ae Homes is a national new home builder that has been committed to excellence since 1959. Whatever your stage in life \u2013 whether you are a first-time home-buyer, a growing family realizing your dreams, or an active adult seeking a resort at home lifestyle \u2013 we have the home that is right for you. Visit khov.com\",\"sameAs\":[\"http:\/\/khovblog1.wpengine.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Sell Your Home While Buying a New One","description":"How to Sell Your Home While Buying a New One - Essential steps to selling your home while buying a new one. Step 1. Should you buy a home first or sell a home first? Step 2. Assess the Real Estate Market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/","og_locale":"en_US","og_type":"article","og_title":"How to Sell Your Home While Buying a New One","og_description":"How to Sell Your Home While Buying a New One - Essential steps to selling your home while buying a new one. Step 1. Should you buy a home first or sell a home first? Step 2. Assess the Real Estate Market.","og_url":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/","og_site_name":"The K. Hovnanian\u00ae Homes Blog","article_publisher":"https:\/\/www.facebook.com\/khovnanianhomes\/","article_published_time":"2022-10-05T16:00:00+00:00","article_modified_time":"2025-01-15T16:01:12+00:00","og_image":[{"width":2500,"height":1500,"url":"https:\/\/blog.khov.com\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg","type":"image\/jpeg"}],"author":"K. Hovnanian Homes","twitter_card":"summary_large_image","twitter_creator":"@khov","twitter_site":"@khov","twitter_misc":{"Written by":"K. Hovnanian Homes","Est. reading time":"32 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#article","isPartOf":{"@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/"},"author":{"name":"K. Hovnanian Homes","@id":"https:\/\/blog.khov.com\/blog\/#\/schema\/person\/72d55efc7e9830263f317e1504fc3085"},"headline":"How to Sell Your Home While Buying a New One","datePublished":"2022-10-05T16:00:00+00:00","dateModified":"2025-01-15T16:01:12+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/"},"wordCount":3534,"publisher":{"@id":"https:\/\/blog.khov.com\/blog\/#organization"},"image":{"@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage"},"thumbnailUrl":"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg","keywords":["home-buying"],"articleSection":["Buying"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/","url":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/","name":"How to Sell Your Home While Buying a New One","isPartOf":{"@id":"https:\/\/blog.khov.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage"},"image":{"@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage"},"thumbnailUrl":"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg","datePublished":"2022-10-05T16:00:00+00:00","dateModified":"2025-01-15T16:01:12+00:00","description":"How to Sell Your Home While Buying a New One - Essential steps to selling your home while buying a new one. Step 1. Should you buy a home first or sell a home first? Step 2. Assess the Real Estate Market.","breadcrumb":{"@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#primaryimage","url":"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg","contentUrl":"\/blog\/wp-content\/uploads\/2022\/09\/how-to-sell-your-home-while-buying-a-new-one-2500x1500.jpg","width":2500,"height":1500,"caption":"How to Sell Your Home While Buying a New One"},{"@type":"BreadcrumbList","@id":"https:\/\/blog.khov.com\/blog\/how-to-sell-your-home-while-buying-a-new-one\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.khov.com\/blog\/"},{"@type":"ListItem","position":2,"name":"How to Sell Your Home While Buying a New One"}]},{"@type":"WebSite","@id":"https:\/\/blog.khov.com\/blog\/#website","url":"https:\/\/blog.khov.com\/blog\/","name":"The K. Hovnanian\u00ae Homes Blog","description":"","publisher":{"@id":"https:\/\/blog.khov.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.khov.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.khov.com\/blog\/#organization","name":"K. Hovnanian Homes, Inc.","url":"https:\/\/blog.khov.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.khov.com\/blog\/#\/schema\/logo\/image\/","url":"\/blog\/wp-content\/uploads\/2022\/03\/KH-Cropped.png","contentUrl":"\/blog\/wp-content\/uploads\/2022\/03\/KH-Cropped.png","width":1200,"height":630,"caption":"K. Hovnanian Homes, Inc."},"image":{"@id":"https:\/\/blog.khov.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/khovnanianhomes\/","https:\/\/x.com\/khov","https:\/\/www.instagram.com\/khovhomes\/?hl=en","https:\/\/www.linkedin.com\/company\/k--hovnanian-homes\/","https:\/\/www.pinterest.com\/khovnanianhomes\/","https:\/\/www.youtube.com\/KHovnanianHomes","https:\/\/en.wikipedia.org\/wiki\/Hovnanian_Enterprises"]},{"@type":"Person","@id":"https:\/\/blog.khov.com\/blog\/#\/schema\/person\/72d55efc7e9830263f317e1504fc3085","name":"K. Hovnanian Homes","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.khov.com\/blog\/#\/schema\/person\/image\/","url":"\/blog\/wp-content\/uploads\/2019\/01\/about_khov_graphic-150x150.png","contentUrl":"\/blog\/wp-content\/uploads\/2019\/01\/about_khov_graphic-150x150.png","caption":"K. Hovnanian Homes"},"description":"K. Hovnanian\u00ae Homes is a national new home builder that has been committed to excellence since 1959. Whatever your stage in life \u2013 whether you are a first-time home-buyer, a growing family realizing your dreams, or an active adult seeking a resort at home lifestyle \u2013 we have the home that is right for you. Visit khov.com","sameAs":["http:\/\/khovblog1.wpengine.com"]}]}},"modified_by":"Christopher Prince","_links":{"self":[{"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/posts\/2348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/comments?post=2348"}],"version-history":[{"count":99,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/posts\/2348\/revisions"}],"predecessor-version":[{"id":5832,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/posts\/2348\/revisions\/5832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/media\/2445"}],"wp:attachment":[{"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/media?parent=2348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/categories?post=2348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.khov.com\/blog\/wp-json\/wp\/v2\/tags?post=2348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}