Sell first
Sale proceeds and the current-home payoff may become clearer before the replacement purchase, while timing and temporary-housing questions can become more important.
A move-up plan can compare a sale-first path, a purchase-first path, and a coordinated or contingent path. The analysis should include timing, current-home obligations, equity questions, reserves, offer terms, temporary housing, and the plan after sale proceeds arrive.
Buy first
The plan may require documenting the ability to manage overlapping obligations and determining how the future sale fits the cash and repayment strategy.
Coordinate both
Contract timing, contingencies, inspections, appraisal, moving logistics, and the two closing dates require coordination among the buyer, Realtor, lender, and other advisers.
After the sale
Discuss whether proceeds should restore reserves, reduce principal, support a servicer-approved recast, address other obligations, or remain available for planned needs.
Start with a personal planning conversation.
Share your goals, property, and timing with Brenda before narrowing the financing path.
Sources and related resources
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