09/30/2026
Good advice!
Selling your current home and buying the next one on the same day can seem like the simplest plan. One move. No temporary housing. The sale proceeds go straight into the purchase.
When practical, arranging a distinct break between the transactions is often the better approach—even if that means temporary housing and storage.
A little separation can give you considerably more flexibility.
Completing your sale before you are required to close on your purchase gives you time to receive the proceeds, confirm available funds and address a change in schedule.
Temporary housing has a cost. So does having your purchase, moving truck and overnight accommodations depend on another transaction finishing at a particular hour.
One delay can affect both transactions.
Your buyer’s lender may need another document. Funding may arrive after a wire cutoff. Your sale may be ready to sign without the proceeds being available for your purchase.
Meanwhile, you may still be obligated to close on the next home or deliver possession of the one you are selling. A delay in one transaction does not automatically change your obligations under the other.
If the transactions must stay connected, plan for that connection.
The contracts should address any needed sale contingency and how closing dates, extensions and possession will work. The closing professionals should coordinate the movement of funds, and you should have a practical alternative if the expected sequence changes.
Simply scheduling the appointments several hours apart does not resolve those questions.
The goal is to avoid making both transactions depend on everything happening exactly as scheduled.
Kaplan Law Firm can help sellers evaluate how a sale and another purchase fit together before committing to deadlines that leave little room for change.
kaplanlawfirm.us/realestate