Buying guide
Guide: Selling & buying a house at the same time
We break down what you need to consider when buying and selling at the same time.
AI summary
Navigating the property market by buying and selling a house at the same time is a common but complex juggling act for many Kiwis.
Key strategies include:
- Buying first with a conditional offer, but this involves risks like a cash out clause and needing expensive bridging finance.
- Selling first to become a more attractive cash buyer, though you may need to rent temporarily.
- Juggling both simultaneously, aiming to align settlement dates for a seamless move.
Option one: Buying first
Things to keep in mind:
How do bridging loans work?
Moving is a massive job. Taking the time to decide which financial path suits you best helps ensure this 'juggling act' ends with a successful settlement day
Option two: Selling first
Option three: Buying and selling at the same time
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