How Do I Buy a Home and Sell at the Same Time in AZ?

Navigating the process of buying and selling a home simultaneously in Arizona’s East Valley can be challenging but manageable with the right approach.

Evaluate Your Financial Position

Start by assessing your finances. Can you manage two mortgages temporarily, or do you need a bridge loan? In the East Valley, where median home prices are around $450,000, get pre-approved for a loan and calculate equity from your current property.

Work with a Dual-Transaction Expert

A realtor skilled in handling both transactions is essential. We can list your home while assisting in your search for a new one. This group, known for helping clients achieve seamless transitions, ensures timelines align and offers remain competitive.

Strategize Your Timing

Timing is crucial. List your home during peak buyer seasons, like spring in the East Valley, and begin your home search early. A sale contingency can offer protection, though it might make your offer less appealing in competitive markets.

Organize Your Transition

Prepare for the move. If there’s a gap between closings, arrange temporary housing or storage. Arizona’s summer heat makes early planning vital—schedule movers for cooler months when possible.

Coordinate Offers and Closings

Secure an offer on your home and align its closing with your purchase. Simultaneous closings are ideal but can be tricky.

Minimize Risksc

Protect yourself with a home inspection and title search on the new property. Ensure your sale proceeds cover the purchase.