Which is Better? Buy First, Or Sell First?

If you are thinking about selling your Bradenton home and buying another, which should you do first?  Do you go out and buy the home you want and then sell?  Or, do you sell and then go out to find your next home?








Most experts agree that it is best to sell your existing home first.  Here are some reasons:

  • You won't have to worry about bridge financing or carrying two mortgages if your old home doesn't sell quickly.
  • You will know exactly how much money you have to spend.
  • You will have the peace of mind knowing that your old home is sold.

If you do decide to buy first and then sell, consider this:

  • Be sure you have a real good idea of what your home will sell for, otherwise you could face financial troubles.
  • Be sure you understand the Bradenton real estate market conditions and how long it might take to sell.
  • Also, be sure that you can carry both mortgage payments if it comes to that.