Whether you’re upgrading to a larger home or downsizing to something more manageable, there are several things to keep in mind when trying to buy a new home while selling your current home at the same time. Here are a few tips to make the whole process run as smoothly as possible!
Timing is everything.
One of the biggest challenges of buying and selling a home at the same time is timing. Ideally, you want to sell your current home and buy your new one around the same time, so you’re not stuck paying two mortgages. Be sure to let your Sales Consultant know your situation so that they can best guide you with coordinating your homebuying experience.
Get pre-approved.
Before you start shopping for a new home, it’s essential to get pre-approved for a mortgage. Not only will this help you determine your budget, but it will also show sellers that you’re a serious buyer. When you’re in the process of selling your home, you may be able to use the equity you’ve built up as a down-payment on your new home. To discover how you can get pre-approved, visit your nearest PulteGroup Sales Center.
Consider temporary housing.
It’s not always possible to coordinate everything perfectly, so if you’re having trouble syncing timelines, you may want to consider temporary housing. This could include renting a home for a few months or staying with friends or family until you’re able to move into your new home. While this can be an inconvenience, it can also alleviate some of the stress of trying to coordinate everything perfectly.
Work with an experienced team.
Choosing an experienced lender is crucial when it comes to securing a mortgage. At Pulte Mortgage, our team understands the importance of coordinating timelines and can help ensure your mortgage is processed efficiently and accurately. That’s one less thing you need to worry about when trying to buy and sell your home at the same time!
To learn more about what makes Pulte Mortgage different, visit our website today!
