It sounds like a simple question.
It isn't.
Here's why it matters more than most people realize.
If you sell first...
You know exactly what you have to work with.
But you may end up without a place to live while you search.
And in a competitive market, that pressure can force rushed decisions.
If you buy first...
You avoid that pressure.
But you may be carrying two mortgages at once.
And if your current home takes longer to sell, the costs can add up quickly.
Neither option is automatically right. The answer depends on your numbers.
How much equity do you have in your current home?
What would your cash flow look like if you carried both payments temporarily?
Is there a bridge option that lets you access your equity before you sell?
What does your local market look like and how fast are homes selling?
These are the questions that matter.
Not fear.
Not what your neighbor did.
Not what a headline said about the market.
Want to see your move-up options?
Text "Move" to 615.955.0461I'm Keith Goeringer, an independent mortgage advisor since 2003 with Barrett Financial Group - one of the largest mortgage brokers in the country, backed by 150+ wholesale lending partnerships. On a quick Zoom we look at:
The equity in your current home and what it means for your next purchase
What carrying both payments could cost and for how long
Bridge options if they apply to your situation
The full picture so you can make a decision based on your numbers, not guesswork
Most move-up buyers I talk to have more options than they realize. They just need someone to show them what those options actually look like.
And I'll help you map out whether selling first or buying first makes more sense for your situation.
No form. No pitch. No obligation. Just an honest conversation.
Text Keith: 615.955.0461Keith Goeringer
Independent Mortgage Advisor | 180+ Lenders | Since 2003 | Franklin, TN
P.S. Every market is different. Every situation is different. The only way to know which move makes sense is to look at your specific numbers. That's exactly what the Zoom is for.
Keith Goeringer | NMLS #488023 | Barrett Financial Group | Franklin, TN
Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval. Rates and terms subject to change without notice.