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Buy or Sell First? The Best Timing For Your Move.

Category Newsletter

When it comes to selling your existing home and buying a new home, there is no hard and fast rule about which one should come first.

The processes of selling one's home and buying another can and often happens simultaneously.

Financially it may be wiser to sell your existing house before you buy another as you will then only be paying off one home loan at a time and you can use the money from the purchase of your property to cover a large sum of the sale of your new home.

When signing an offer with us, there are many conditions of sale that can be included to suit both the Buyer and Seller. 

Clauses commonly found in this contract include:

- A specified time period for the sale of the house in question.

- The sale being subject to the initial homeowner purchasing a new property.

Other conditions of a sale include finance approval, and occupational rental dates.

If there happens to be a substantial period between the time of buying and selling, to include an occupational rental clause in the condition of the sale may prove to be the easiest and least risky option foe the seller.

Tailored Solutions:

Our agents specialize in understanding your unique requirements and financial boundaries. We craft personalized strategies to locate properties that align with your budget without compromising on quality or your specific needs.

Insider Knowledge:

Constant training and market analysis provide our agents with an in-depth understanding of local markets.

Leveraging our extensive network and insights, we are able to pinpoint the ideal properties and areas that are showing growth.

Financial Guidance:

We don't just stop at finding the right property; we assist you in navigating the financial aspects too. Our internal bond originator assists you throughout the whole process to secure the money behind your property.

Author: Ingwe Property Group

Submitted 23 Nov 23 / Views 508