Wondering if you can buy your next home before selling your current one? The answer is… Y E S. And there are a few ways to make it happen without the stress of perfectly timing two transactions.
One strategy is to work with programs like Up Equities or Homeward, which let you qualify for a new mortgage with a guaranteed offer on your current home. We recently helped a family do exactly this—they sold their home to Homeward, purchased their new home, moved comfortably, and Homeward handled the sale. It made the whole process seamless and stress-free.
Another option is an equity advance, which allows you to unlock the equity in your current home to fund the down payment for your next property. This lets you move forward as a non-contingent buyer, giving your offer a significant advantage in a competitive market.
If you’re thinking about moving and want to see if one of these strategies could work for you, we’re happy to walk you through all your options. Don’t let timing hold you back from your next home—let’s make it happen.