Should I buy my next Calgary home first, or sell first?
Kylian Pomares on the order of a move: selling first for a firm budget, buying first with a condition on your sale, or bridge financing to do both — and why your equity and how fast homes like yours sell decide it.
Transcript
Almost every seller I meet gets this one backwards. Moving? Should you buy your next home first, or sell first?
Selling first gives you certainty. You know exactly what your budget is. Buying first with a condition on the sale of your current home is easier on the nerves, but it does make your offer weaker.
There's a third option. Bridge financing from your lender can let you do both on your own terms.
The right answer depends on your equity and how fast homes like yours are selling. Model it before you commit. The full guide is linked below.
Read the full guide: Selling a homeWhat will I walk away with? (calculator)
Also on YouTube.
