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How to Buy a House While Selling Your Own: 10 Options to Consider

HomeLight

Here are some factors they’ll consider as they walk you through the first few steps: Your current financial situation: The biggest challenge you’ll likely face is coming up with a down payment for your new home while your equity and investment are still tied up in your current house. Next: Understand the timeline. List your house for sale.

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Selling and Buying a House at the Same Time: How You Can Make it Work

HomeLight

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. According to information collected by CoreLogic, a property data provider, homeowners averaged an equity gain of more than $56,000 in 2021.

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