Frequently Asked

Should I sell my current home before or after buying a smaller one in Austin?

RelocationBy Laurel Seymour

Quick Answer

It depends on your financing situation and risk tolerance. Selling first provides a clear budget and avoids carrying two mortgages but can require a temporary move if the next home isn't ready. Buying first offers a single, smoother move but requires financing not dependent on the sale, or a bridge loan, and means carrying two properties until the sale closes. This is worth discussing with an agent and lender early in the process.

Portrait of Laurel Seymour, founder of Seymour Realty Group

Laurel Seymour

Austin Realtor · TX License #617201 · About Laurel

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