While it might seem daunting, it is possible to buy and sell at the same time. Here are some strategies to make it come together.

  • If you can afford to, buying a new home before you sell your old one is often the easiest strategy, but this often requires significant cash on hand.

  • If you sell first, you may be able to rent it back from the new owner for 30 to 60 days while you buy and close on a new house.

  • If you buy with a contingency to sell, you can pull out of your new contract if your old home fails to sell in a certain period of time.