Buying a new house?

i am a current home owner and i want to sell my house and buy another. do i look for another house and bid on it first and then sell mine or do i sell mine first and then bid on another one? not sure which is the best or proper way of doing this or how this works.Buying a new house?
this is the age old question, which came first the chicken or the egg?





The first thing i reccomend you do is get pre-approved for the financing on the home you will buy. Find out what the maximum loan is that you can qualify for. You may not end up spending that much but if you are pre-approved for more than you need you don't have to be re-underwritten and the process will be more seamless for you.





Next, interview several Realtors and get a feel from how fast properties in your sales price range are selling. This will tell you whether or not to begin looking immediately.





Ideally, you want to sign on your sale and your purchase on the same day. That isn't always possible but your buyer's will have 30 days leeway from the time they sign papers until they have to move in to the home so you could always do a rent back agreement for that period if you neeeded some extra time.





Your purchase agreement, if necessary, can specify that your offer is subject ot your home being sold.





Your chosen Realtor can explain all of your options. Choose someone with good experience, great references, and who is an excellent communicaotr and then follow their guidence.





Feel free to email me with further questions.Buying a new house?
sell your first, them, find the new one.
it just depends on the house that you want to buy, whether the sellers will do a contingent waiting for your house to sell. we just bought a house and started looking before our house sold so that we would not be in that oh sh** mode of not having a house and also this lets you get an idea of the type of house you might be looking for.