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BuyingAHome-JenniferChristenot

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a much more attractive offer. Homes that are up for auction<br />

come at an even bigger discount, which means that the<br />

competition will be even more serious.<br />

10.) I already own a home. Should I buy another before selling<br />

my current home?<br />

Whether you sell your home before you buy or buy before<br />

you sell it is up to you, but there are some things you need to<br />

consider before deciding either way.<br />

When you buy a new home before you’ve sold your current<br />

home, it can be very reassuring to know that once the current<br />

property is gone, all you have to do is move from one place<br />

to another – without any rushing around looking at homes<br />

and properties. However, know that when you put an offer to<br />

buy the new house it will have a contingency clause stating<br />

that your home must be sold and the transfer of title on the<br />

home must take place before you can actually buy the new<br />

home. During the time period of placing an offer on the new<br />

house and selling your current house, other buyers could enter<br />

the picture and place on offer on the new house without any<br />

contingency clauses, making it that much more appealing for<br />

the seller. In this case you could end up losing a home you’ve<br />

already fallen in love with, and that can be heartbreaking.<br />

Selling your current home before buying a new one takes away<br />

the fear of contingency clauses and other buyers because<br />

you’ve already sold your current home and just need to buy<br />

FAQ’S ABOUT BUYING A HOME | JENNIFER CHRISTENOT<br />

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