Many people start their home buying process backwards. That is, they start looking at homes they may buy BEFORE they have sold their existing home. This is a BIG MISTAKE unless you fall into one of the following categories:
- You can afford to own both homes for a period of time.
- You are looking for a home that is so unusual or overpriced, that the seller will be grateful for your interest and be willing to work with you. In exchange for a full price, they will wait until you sell your existing home, before you follow through and buy their home.
I’m going to share some tough love with you!
In most circumstances you would be well advised to sell your home first and here’s why:
1. You Have Nothing to Offer a Seller