Steps To Buying And Selling A Home -

You have two main paths. You can sell first (which puts cash in hand but may require temporary housing) or buy first (which is more convenient but may require a "bridge loan" if your capital is tied up in the first house). Phase 2: Preparing the Sale

On closing day, you will typically sign the papers to sell your old home in the morning and sign the papers to buy your new home in the afternoon. steps to buying and selling a home

The title company or attorney coordinate the wire transfers. The funds from your sale are used to pay off your old mortgage, and the remaining profit is applied toward your new purchase. You have two main paths