START WITH THE FULL PICTURE
Two moves. One connected plan.
Selling and buying at the same time connects your home value, mortgage payoff, available funds, purchase financing, contract dates, and moving plan. The first conversation is about what you need the transition to look like and which details must be confirmed by your lender, title and escrow team, tax professional, or attorney.
A list price or online estimate is not the same as the money available after closing. We can discuss the home, relevant comparable sales, preparation, and a pricing strategy. Your lender and closing professionals can confirm loan and settlement figures.
Choose a timing path to explore
Sell before you buy
This can clarify your sale proceeds before you commit to the next home. Talk through where you would stay, how much time you may need, and what possession dates would work.
- Discuss target dates and flexibility before listing.
- Ask the closing team when proceeds are expected to be available.
- Explore temporary housing or storage if the dates do not line up.
Buy before you sell
This may be an option only if your financing plan supports it. Ask your lender to review the full situation and explain the costs, qualification requirements, and risks before you make an offer.
- Confirm your purchase budget and cash-to-close with your lender.
- Understand how the current mortgage and future sale factor into qualification.
- Do not rely on an expected sale price as guaranteed funds.
Coordinate dates or contingencies
Some buyers and sellers discuss contract dates or contingencies that connect the transactions. Availability and terms depend on the other parties and the contracts. Review the details with your real estate and legal professionals.
- Compare the key dates in both contracts.
- Ask what happens if a deadline or closing date changes.
- Put agreed terms in the written contract.
What to gather before making a plan
For the home you own
- Current mortgage payoff information from your loan servicer.
- Recent improvements, permits, warranties, and known property details.
- Your preferred list timing, showing needs, and move-out date.
- A conversation about price, preparation, likely transaction costs, and estimated net proceeds.
For the home you want
- Your comfortable payment and purchase budget, confirmed with your lender.
- Must-haves, flexible preferences, and the areas that fit daily life.
- Potential down payment, closing funds, and timing requirements.
- A moving plan that allows for date changes and possession terms.
A practical sequence
- Clarify the move. Identify the reason, target window, and what matters most if you need to choose between timing, price, or flexibility.
- Talk with your lender. Ask how your current mortgage, expected sale, purchase budget, and cash needs affect your options. For financing and preapproval, you can connect with April through Rate ↗.
- Review the current home. Discuss the home's condition, comparable sales, preparation, and likely marketing plan with us.
- Compare homes and areas. Explore Salt Lake County city and neighborhood guides, then match the search to the timing and financing plan.
- Coordinate dates with the professionals. Keep your lender, title/escrow team, movers, and other chosen professionals aware of the plan and contract dates.
- Revisit the plan when facts change. Offers, inspection findings, financing, or closing schedules can change. Confirm each new decision with the professional responsible for it.
Common questions
Do I need to sell before I make an offer?
That depends on your financing, cash, timing, and the terms you are willing and able to offer. Discuss the options with your lender and review any contingency with your real estate and legal professionals before you commit.
Can the sale and purchase close on the same day?
Dates can sometimes be coordinated, but timing depends on both transactions, funding, recording, and possession terms. Your closing professionals can explain what is workable and what backup plan you should consider.
Can you tell me how much I will have left after selling?
We can discuss a pricing strategy and help you identify the costs to consider. Your lender and title/escrow team must confirm the payoff, settlement charges, and final proceeds. Estimates can change before closing.
Where should I begin if I am still exploring?
Start with the move you hope to make, a rough timeline, and your questions. We can help map the real estate steps and connect you to the appropriate financing conversation.