Buying Before Selling

Ready to buy your next home but still need to sell your current one? Our local Home Advisors offer tips for how to purchase and move into your new home before listing your existing house.

Housing market predictions for 2024
Preparing to Sell
Housing market predictions for 2024

Experts predict 2024 will remain a tough market that favors sellers, but there are some silver linings for buyers and homeowners looking to sell.

The 3 main ways to pull equity out of your home
Mortgage & Financing
The 3 main ways to pull equity out of your home

You can pull equity out of your home with a loan, line of credit, or cash-out refinance. Here are the benefits and drawbacks of each option.

8 reasons to upsize when your kids move out
Buying Before Selling
8 reasons to upsize when your kids move out

Empty nesters may choose to upsize when their kids move out and buy a new home that's larger than their previous one.

How much does it cost to carpet a 10x12 room?
Home Improvement
How much does it cost to carpet a 10x12 room?

Carpeting a 10x12 room costs around $200 to $800, and you can save money by installing it yourself or choosing cheaper fibers.

How to downsize your home in 2024
Preparing to Sell
How to downsize your home in 2024

In order to move into your new home, you’ll need to make a plan, recruit some help, and declutter your current space.

Mortgages and homebuying for seniors at age 60 and above
Preparing to Buy
Mortgages and homebuying for seniors at age 60 and above

You're never too old to buy a house. Senior citizens can qualify for a mortgage so long as they can demonstrate their financial ability to repay the loan.

A guide to the home office deduction
Buying Before Selling
A guide to the home office deduction

To qualify for the home office tax deduction, you must use a space in your home exclusively for your self-employed business.

30 useful real estate statistics to know in 2024
Buying Before Selling
30 useful real estate statistics to know in 2024

The more educated you are, the better your real estate transaction process is likely to be. Discover these useful real estate statistics in 2023.

What is a mortgage note?
Mortgage & Financing
What is a mortgage note?

Also known as a promissory note, mortgage notes are legally binding contracts that compels you to repay your mortgage loan within an agreed period of time.

Can you deduct taxes on a second home?
Buying Before Selling
Can you deduct taxes on a second home?

Second homes and investment properties are defined differently by the IRS, and both come with different tax benefits and applicable deductions.

The 12 best ways to pack for moving
Buying Before Selling
The 12 best ways to pack for moving

The best ways to pack for moving include scheduling your movers ahead of time, purchasing the right moving supplies, and even leaving certain items out.

When is my first mortgage payment due?
Mortgage & Financing
When is my first mortgage payment due?

Your first mortgage payment is usually due on the first of the month 30 days after closing, and the due date is affected by your closing date.

Who are Zillow's competitors? 10 alternatives to know
Buying Before Selling
Who are Zillow's competitors? 10 alternatives to know

Zillow isn't the only real estate site around. A number of competitors and alternatives exist to help you buy, sell, or browse available homes.

Does my home need an air quality inspection?
Home Inspections & Appraisals
Does my home need an air quality inspection?

Home inspections can identify any severe air quality issues, and if they persist you'll need to find a professional to conduct an indoor air quality inspection.

How do you sell and buy a house — at the same time?
Buying Before Selling
How do you sell and buy a house — at the same time?

Selling and buying a house at the same time requires aligning closing dates, which can be difficult, but there are a few ways to make it work.

What is a housing market correction and is it happening now?
Preparing to Buy
What is a housing market correction and is it happening now?

In real estate, a housing market correction happens when home prices drop 10% below their market peak, which could put home ownership in reach for more people.

A guide to using home equity to buy a new home
Mortgage & Financing
A guide to using home equity to buy a new home

The most common ways to use home equity to buy a new home is to take out a home equity loan or a home equity line of credit (HELOC). Here's how to do it.

Buying another house? Here’s what to know about that second home down payment
Buying Before Selling
Buying another house? Here’s what to know about that second home down payment

The easiest way to buy a home without a down payment is to make an all-cash offer. For those who can't afford an all-cash offer, special financing exists.

How to qualify for a mortgage before selling your old home
Buying Before Selling
How to qualify for a mortgage before selling your old home

If a second mortgage is a must while you balance buying a new home and selling your current one, there are steps you can take to secure financing help.

Why a cash offer is (often) better when buying a house
Buying Before Selling
Why a cash offer is (often) better when buying a house

Let’s examine how cash offers will help you make a more competitive offer on a home, as well as what some of the disadvantages of cash offers are.

How to Write An Excellent Offer Letter for a House
Buying Before Selling
How to Write An Excellent Offer Letter for a House

Trying to buy a house in a hot market? Here's how to write an excellent home offer letter that appeals to sellers and makes your offer stand out.

Where do you live between selling your house and buying a new one?
Buying Before Selling
Where do you live between selling your house and buying a new one?

Once you sell your old house, it's time to move into your new one. When that's not possible yet, you'll have to find temporary housing.

Bridge loan vs. home equity loan: Are either right for you?
Buying Before Selling
Bridge loan vs. home equity loan: Are either right for you?

Comparing two short-term home financing options that may or may not make sense for you when trying to buy your next home.

Everything you need to know about kick out clauses
Buying Before Selling
Everything you need to know about kick out clauses

A kick out clause is a contingency that allows sellers to keep showing their home to new buyers after they've accepted another buyer's contingent offer.

How to buy another house before selling yours
Buying Before Selling
How to buy another house before selling yours

Found the perfect home but still have a house to sell? Here’s what to know about buying before selling your existing home.

What is an earnest money deposit?
Offers & Negotiation
What is an earnest money deposit?

Earnest money deposits are about 1% of the sale price and potential homebuyers use them to show the seller they're serious about seeing their offer through.

What does contingent mean in real estate?
Buying Before Selling
What does contingent mean in real estate?

Contingent means dependent on something else. If there is a contingent offer on a house, the sale will only go through if certain conditions are met.