Tips on Buying and Selling
a Home at the Same Time
We have tips for a homeowner to keep in mind if you are planning on simultaneously buying a home while selling your current home. Working with a trusted, experienced agent is key. We will help guide you along the way and ensure both transactions go smoothly so you are less likely to end up with double mortgage payments and/or no place to live while you wait for your new house to close. If you are relocating out of Maryland, we can introduce you to a great agent at your destination through our Nationwide Referral Network.
You will also see some basic information about home appraisals. They are often necessary anytime you apply for a mortgage, refinance a property, or sell a property. An appraisal is different from a home inspection. An appraisal relates to a home’s value. A home inspection assesses the actual physical condition of a home. If you have any questions on either process, please let us know and we will be happy to walk you through the details. You can also review our Common Real Estate Terms.
Remember that we are always here to answer any other questions you may have about real estate, such as the current state of the market and current mortgage trends. Please feel free to reach out to us any time!
This is an article that is part of our Client Appreciation Program and is found in the Real Estate Market category.
