Lake Mary Homes for sale - Should you sell or buy first?

As home prices in Lake Mary continue to appreciate I'm noticing that many Lake Mary home owners who were once underwater on their homes are now able to sell without having to bring money to the table.  In doing so I am constantly being asked by sellers if they should sell first before they buy or buy before they sell.  Of course the answer can be different depending on what's important to each home owner, however if they want to be able to net the most amount of money I feel that there is really only one answer.  You must sell before you buy!Typically when you buy a home before you sale your own home you will have to put a sales contingency into the offer to insure that you aren't stuck with two mortgages.  Unfortunately when you do this, you will lose leverage in the negotiations on the buying side which means that you will be paying more money for the house you were buying than you would have without the contingency. On the selling side of the equation, if you have a contract on the home you are buying, you will find that you will have to price your house aggressively in order to get it sold within the sales contingency time frame.  This will ultimately have you to net less money than you would have if you weren't in a rush to sell it.So as you can see, if you are thinking about buying and selling your home in Orlando and keeping the most money in your back pocket is the most important, selling your house first is always the best option.Find out more about Homes for Sale in Lake Mary