Selling and buying is confusing enough. If you are going to buy and sell simultaneously, be sure to preapprove for your purchase before proceeding to
To get preapproved, gather all documents needed for your new loan. You will need two years tax returns, two months bank statements, all pages, investment account information, paperwork of sourcing income like child support/alimony paperwork (if paying or receiving), pension income and more.
It is very important and will be less stressful if you do this up front. That will tell you what you need to sell your house for in order to make a purchase. Then be sure there are properties that meet your needs in that price point.
If you decide to move forward, prepare your home for the sale! Declutter, pack away what is not needed, clean, fix, and make the home as good as can be for a sale that meets your needs.
Always work with good mortgage and real estate professionals to be sure you can accomplish your goals in the shortest amount of time.
If you can't find your dream home after getting under contract with your current home, be prepared to move to temporary living quarters. Have a plan in advance.
Selling and buying at the same time is stressful enough. Get on top of your game to make it a little easier.
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