Should I Sell first? or Should I Buy First? The answer to this question depends on you and your individual situation. Your decision here could have an effect on your finances, negotiating position and moving timeline.
Buy First
You have more time to look for a new home without the pressure of a fixed moving date. But you could end up paying two mortgages until your home sells. A bridge loan can help but you must have adequate equity in your current home to qualify.
Your agent could put a contingency in the purchase agreement that make the purchase of your new home dependent on the sale of your current home.
Sell First
You could be in a stronger bargaining position if you sell first. You will have a better idea of what you can afford, you won’t need a contingency, yet you will have the added pressures of a fixed timeline. However, if the seller knows your time restraints it limits your bargaining power.
Your agent is trained to help you explore the various options. Knowledgeable agents understands and are adept at handling most home-buying  dilemmas.

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