You sell your home but stay in it as a "tenant" for 30–60 days. This gives you the cash from the sale and extra time to close on your new place. 4. Step-by-Step Checklist
Declutter and handle minor repairs before you start looking for new homes. buying a house while selling another
This is generally the "safer" financial route because you know exactly how much cash you have from your sale before committing to a new mortgage. You sell your home but stay in it
You put an offer on a new house that says, "I will buy this, but only if my current house sells by X date." In a competitive market, sellers often reject these offers in favor of "cleaner" ones. If you find your dream home before yours
If you find your dream home before yours is even on the market, you might choose to jump on it.
A short-term loan that uses the equity in your current home to provide the down payment for the next one. It "bridges" the gap until your first home sells.