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How to Buy a Home When you Also Have a House to Sell

Paul Tosello

Paul has been in Real Estate for 32 years, working as a Realtor, but in addition he owned a real estate consulting and coaching company.  ...

Paul has been in Real Estate for 32 years, working as a Realtor, but in addition he owned a real estate consulting and coaching company.  ...

Jun 11 2 minutes read

Summary: You have 3 options

1. Find and buy a home first then sell

This is the least utilized option because many people are unable to qualify and buy a home before selling their house. However, if you can, this is the best option. This is because you have a better chance of winning the home you want.

2. Put your house on the market, close, then become the tenant

Preparing your home, pricing the home, and positioning your home will bring in the most possible buyers which gives you the chance to work with a buyer who can lease the property back to you up to 2 months. This makes you a stronger buyer because your offer will not be contingent upon the sale of your home. 

3. Write a contingent offer upon your house selling

This is the most desired but least successful. This is because when you're competing against buyers and submitting offers on houses with motivated sellers, the sellers will choose another offer. This will make the process very frustrating for you when you keep losing on houses. 

You Deserve the Best

Your Selling Experience

Your Buying Experience

Colleen, Paul and Elena, Thank you for all of your help in selling my brother’s house at 1008 Becker.  Penny Farrall told me she had located a good realtor for me and she was so on target. It is hard... Read full review

We listed our home with the Tosello team on a Thursday and we had a signed contract by Saturday evening. Now, by any measure, this was an outstanding achievement. However for us, even more amazing than the speed... Read full review

A friend of mine recommended The Tosello Team at Keller Williams Realty to help me sell my late brother’s house. It is hard selling a piece of property that isn’t yours, is filled with stuff and is 2,000 miles... Read full review

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