If you already own a home but want to buy your next one in Bastrop, you face a big question: Should I buy first or sell first? The answer depends on your finances, timeline, and risk tolerance.
Here’s a breakdown of your options—and how to protect your equity either way.
Option 1: Buy Before You Sell
Pros:
- Secure your dream home without pressure
- Can move at your own pace
- Avoids double-move or temp housing
Cons:
- Must qualify for two mortgages
- Risk if old home takes longer to sell
Solutions:
- Bridge loan or HELOC for down payment
- Use strong equity in current home
- Make contingent offer if necessary
Option 2: Sell Before You Buy
Pros:
- Know exactly how much equity you have
- Stronger position when buying
- Only one mortgage at a time
Cons:
- May require temporary housing or storage
- Harder if inventory is low
Solutions:
- Lease-back from buyer
- Extended closing timeline
Option 3: Contingent Offer
You make an offer to buy your next Bastrop home contingent on the sale of your current one.
- May be risky in a seller’s market
- Strong communication is key
Final Thoughts
Buying before selling (or vice versa) is a personal strategy—but I’ll help you do it with minimal stress and maximum return.
📦 Want a side-by-side plan for your situation? Let’s create a timeline that works.
