How to Buy a House Before Selling Yours

It sounds risky, buying a new house before selling your current one.

But is it a risk?

Are there benefits to buying a house before you’ve sold yours? What are the pros and cons to this home-buying strategy?

There are ways to put an offer on a house in this fashion, and we will review why many owners would stand to benefit, what problems may arise, and how you would go about doing it.  Once we outline out how this works for your situation, we’ll examine how you can afford to pay for it and where you should get your down payment from. Say goodbye to making contingent offers, and hello to that new carpet smell!