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Your Options for Buying and Selling Simultaneously
September 6, 2018 | Meagan Kang
Are you one of the many buyers who also needs to sell your current home? This situation has become increasingly common in the Kansas City area.
How do you buy a new home while selling your current one? People ask me this a lot, so I decided to discuss this type of simultaneous transaction during a recent Facebook live event. For those of you who missed it, I want to share it with you here.
I want to share it with you so you can know your options as well as the differences between contingent and non-contingent buyers.
I have timestamped the conversation below so that you can easily jump to the questions which interest you most. 0:55 – How common is buying and selling simultaneously in the Kansas City area? 1:35 – What is the difference between contingent and non-contingent buyers? 2:35 – What are the pros and cons of buying a home before selling your existing one? 4:00 – What are the pros and cons of selling before buying a new one? 5:00 – General tips for people preparing for this situation.
If you have any additional questions about this, or if you are interested in buying or selling, please feel free to reach out to me by phone or email. I look forward to speaking with you soon.