Selling Your First Home and Buying Your Second - Things to Consider as a First Time Home Seller

Are you looking to buy and sell a home, but wondering which one you should do first? This is a question we come across a lot, so we’ve put together all you need to know about how to prepare for selling your first home and buying your second. The answer to the question of buying or selling first largely depends on the type of property and market that you’re selling or buying in to. Ultimately, working closely with a realtor and a mortgage broker to assess your goals, the risks, and the market for both your sale & purchase will be your best resource for determining whether you should sell or buy first.

In this video, we go through what it’s like to buy and sell a home simultaneously, our top prep tips when starting the process, pros and cons to both options, & more! Selling your first home and buying your second can be exciting, but also overwhelming and stressful. A good team of professionals around you is what is most imperative to the selling and buying process being as easy as possible!

0:00 • Introduction
0:36 • Selling & Buying a Home Simultaneously
1:30 • What Does it Mean to Buy & Sell a Home Simultaneously?
2:00 • Top Prep Tips to Make the Process Easier
2:15 • Prep Tip #1:Have a realtor do a market evaluation for your current home
2:50 • Prep Tip #2: Get a pre-approval & determine a budget for your purchase
3:50 • Prep Tip #3: Look into date flexibility options such as bridge financing
6:05 • Prep Tip #4: Make sure you have the funds for a deposit to purchase
8:25 • Selling First Pros & Cons
10:30 • Buying First Pros & Cons
11:15 • Take MARKET CONDITIONS into consideration when determining if you should buy or sell first
15:15 • Recap & Conclusion - Get the right team around you!

🔹CONTACT INFO🔹
TEAM BRIDGEWELL REAL ESTATE GROUP
📲 Direct phone: 604-319-0200 (we love texting!)
📩 Email: hello@bridgewellgroup.ca
🖥️ Visit: https://www.bridgewellgroup.ca
🔹◽🔹◽🔹◽🔹◽
STAY IN TOUCH ON SOCIAL:
Instagram:   / bridgewellgroup  
Tik Tok:   / bridgewellgroup  
Facebook:   / bridgewellgroup  
Twitter:   / bridgewellgroup  
🔹◽🔹◽🔹◽🔹◽
Want to keep up to date on the market and find new listings faster? Sign up for our PCS system to receive instant notifications to your email for new listings and sale activity: https://bridgewellgroup.ca/pcs-signup/

Are you ready to BUY or SELL in the Coquitlam, Greater Vancouver/Fraser Valley areas?! Contact BRIDGEWELL REAL ESTATE GROUP - we are one of the top producing teams in Coquitlam and the Greater Vancouver area and can help make the process of buying or selling as seamless as possible!

SUBSCRIBE TO THE CHANNEL HERE:
https://www.youtube.com/c/BridgewellR...
More Coquitlam neighbourhood information here:
https://bridgewellgroup.ca/coquitlam-...

COQUITLAM REAL ESTATE OAKWYN REALTY
VANCOUVER BC HOMES, TOWNHOUSES & CONDOS
GREATER VANCOUVER BC REAL ESTATE FOR SALE

#vancouver #coquitlam #realestate