Should I sell first or find a house to buy?
Posted on 28th June 2022
By selling first, you can establish what you need to be looking for and avoid overspending on a property.
In this blog post, we'll discuss the other reasons why you should sell your property before finding one to buy.
As we all know, the process of buying and selling a property can be stressful.
There are a lot of moving parts, and it can be difficult to keep track of everything.
One way to simplify the process is to sell your property first, and then use the proceeds from the sale to purchase your next home.
There are a few reasons why this is a good idea.
First, as we mentioned, it allows you to establish a budget for your next home purchase. You'll know exactly how much money you have to work with, and you can avoid overspending on a property.
Another reason to sell first is that it gives you more negotiating power when you're buying your next home.
If you have the cash from the sale of your property, you'll be in a much better position to negotiate on price and other terms.
Finally, selling first will give you more flexibility when it comes to timing.
If you find the perfect home but aren't quite ready to move yet, you can put your current property on the rental market and use the income to help cover your mortgage payments, but this involves a lot of additional costs and can make for a very stressful transition.
If you're thinking of selling your property, we hope this blog post has given you something to think about.
We hope you'll consider selling first and using the proceeds to purchase your next home.
It's a great way to simplify the process and make sure you're getting the best deal possible.
Thanks for reading!
Contacts us for more info!
WANT TO FIND OUT MORE?
Brilliant, we will be more than happy to speak with you and see how we can help further.
Contact us on one of the methods with any queries that you may have, or use our contact form and we will be back in touch very soon!
Please fill in the form below and a member of our team will contact you shortly
Share this post: