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  • Writer's pictureDebi Haning

6 Ways to Buy and Sell Your Home At The Same Time

1) Use a Home Equity Line of Credit

One way to proceed with the purchase while still owning your current residence is to utilize a home equity line of credit (HELOC) towards the down payment. To do this, one must both qualify to purchase the new home while still having ownership of the existing house, as well as having an open line of credit or enough equity in the current home to open one. This option provides buyers with flexibility and allows them to complete the purchase of their new home before selling their existing house, or even enter into contract for a new home while simultaneously being in escrow for the sale of their current place.

2) Short Term Housing

Moving can be stressful, especially when you need to do it on a timeline or in a rush. Instead of going through the hassle and possibly being strapped for time, you could consider selling your house and moving into short term housing? This might require a double move, but it will remove the stress of needing to find a home within some sort of deadline. Additionally, there are other options available - AirBNB's, friends and family with extra space, etc. - where you could potentially look into living on a more temporary basis. If you've been considering making a move soon but don't want to be overly constrained by time limitations, this might be an option.

3) Lease Back After Closing

If you're trying to find a new home, consider offering to let the current owners lease it back from you after the sale's closing. This can be an attractive option for many sellers that are looking for more certainty about their future housing situation and want to avoid moving twice if possible. Unlike renting a property from someone else, with this deal you could also be able to command certain terms that suit your needs including a timeline for how long you'll remain in the house and other considerations like who pays taxes and utilities.

4) Make 1 Move

If you're looking to make your move experience as smooth as possible, consider programs that can buy your new home for cash before you sell the one you currently own. These lenders provide a great service in which you can purchase a new home but wait until you've had time to sell your old one before paying back the lender. This way, you won't have to worry about paying double mortgages or moving twice - purchase the new home and move in first, then sell the existing home at your own convenience.

5) New Construction

Considering a new construction purchase? You have options to make it work for you. Spec homes provide a great option if you want a quicker timeline and transition into your home, since all the details and construction of home are already taken care of by the builder. Alternatively, buying a new construction home allows for you to customize every detail before the build starts, but be prepared for an increased timeline in order to do so. In either scenario, one upside is that the timeline from when you buy to when you move in is more set, helping coordinate with your sale of your current home so you can move in on schedule.

6) Extended Closing Period

An extended closing period of more than thirty days may help with this transition by giving you extra time to look at various homes and make sure you find the perfect fit. Not all buyers are willing to agree on such an extended closing period, so it's best to make sure they understand the benefits of doing so before committing them to the contract. Doing this can go a long way towards successful transition into your new home.


Buying and selling property can be both exciting and intimidating. It is a major financial decision and there is no one-size-fits-all approach that fits every situation. That's why I’m here to help connect buyers to the perfect option for them. Whether you are looking to buy off market or at auction, or if you want traditional financing versus a cash purchase, my team will make sure our clients get the right fit for their unique circumstance.

Let’s schedule a consultation today to determine

which strategy will work best for you

Or email or text me any time.

Debi Haning




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