Thinking about making a move and wondering the age old question: Do I buy or sell first?

Here's a quick breakdown of the pros & cons for BUYING FIRST:

Pros:
-You get to shop stress-free and take your time finding the right home.
-Avoid temporary housing or moving twice, since you can usually line up the closing dates more easily.
-If market values are rising, buying first means you lock in the next home at today’s prices (potential to buy lower & sell higher depending on the market).
-If you can buy conditionally on the sale of your current home, it’s low-risk

..though competitive markets may not allow it.. which leads us to the cons!

Cons:
- Sale of Property condition can be a hurdle (possible but again can depend on the market)
-Uncertainty around your sale price can impact your budget or financing.
-If your current home takes a while to sell, you could end up carrying two mortgages temporarily.
-In a slower market, your home might not sell as quickly as expected, adding financial pressure.
-May feel rushed or pressured to sell quickly or under value if your purchase is firm.

Next week I'll dive into the pros & cons for selling first!