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Reply to "Moving up to a bigger house: Is it possible?"
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[quote=Anonymous]Why would you want to buy and then sell? Wouldn't it be best to do it simultaneously? I think there are two ways to approach: 1. If you know your current house will sell quickly, spend some time looking for a new house, then put in an offer with a home sale contingency. List your house and plan to close right around the same time. (This is of course a risk, but people do this all the time.) 2. If you know you will be able to find what you are looking for quickly, then list your house. Once you have an offer on your house (with a long closing period), put an offer on a house to buy. Plan to close on your house sale before your house buy. This seems MUCH riskier to me because too many factors are out of your control, but obviously people do it this way all the time, too. [/quote]
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