Decide the order of your transactions
Selling before buying or buying before selling involves different constraints and risks depending on your financing and situation.
Discuss the scenarios with your lender and the professionals assisting you before committing.
Coordinate the key dates
Signings, occupancy dates and moves do not always line up perfectly.
Prepare fallback solutions, such as bridge financing or temporary housing, and check the associated costs before choosing dates.
Keep some room to manoeuvre
Plan a budget that accounts for delays, temporary costs and reasonably foreseeable surprises.
Planning reduces some uncertainty, but it does not guarantee that both transactions will close at the same time.