How to Buy a Home Without Selling Your Current Home

Jake Boucher
2 min readJan 5, 2022
Photo by Dillon Kydd on Unsplash

There are pros and cons to buying a home before selling your current home.

Here are the pros of buying a home without selling your current home:

  • You won’t need to worry about where you will live after your home sells. This can make you feel at peace of mind because you won’t be stressing about where you will be living.

Here are the cons of buying a home before selling your current home:

  • This is a big con: you will have two mortgages until your current home sells.

Make a decision that is in the best interest of you and your family. Weigh the pros and cons of your options before moving forward.

So, how exactly do you buy a home without selling your current home?

Analyze the market

How long are homes staying on the market? If homes are flying off the market then that would be the preferred time to buy a home before selling your current home.

Also checking to see how much these homes are selling for is important as well.

Financing options

Take a look at your current finances. Do you even have the means to buy a home currently? Are you in a position where you can support paying for two mortgages at once? Are you in a position to put a 20% down payment on a new home?

Answering these questions will give you a much better idea of where you’re at.

Apply for financing

Make sure you have a mortgage pre-approval and search for the best interest rate. Apply to multiple lenders (this won’t hurt your credit score if you do the applications within 14 days).

Meet with a real estate agent/Realtor or go the FSBO route

Seek professional help from an agent/Realtor and ask everything that you have questions about. Vet the agent/Realtor first and make sure you’re comfortable with them.

If you want to bypass that route, then you can go the FSBO way (for sale by owner). This route is more difficult and may lead to a longer time on the market and your home being sold for less.

List your home

It’s time. Put your home on the market and tour other homes that you may be interested in buying.

This is one of those situations where you have to weigh the pros and cons of going in this direction. Is it in your best interest? Or your family’s? Ask yourself the hard questions.

Jake Boucher is a licensed Realtor in Massachusetts working at US Realty Consultants LLC.



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Jake Boucher

Realtor with Lamacchia Realty in Massachusetts