Two moves. One coordinated plan.

Work through financing, contingencies and possession before the two timelines collide.

When a sale funds the next purchase, start by connecting the financing plan to the transaction calendar. A lender can establish what is possible before you decide which contract to sign first.

Map the money and dates

Ask your lender whether you qualify before selling, how expected proceeds will be documented and when those funds must be available. Build a budget for moving, storage, inspections and a possible overlap in housing costs. Do not assume a same-day closing makes funds available instantly.

Compare the sequences

Selling first clarifies available proceeds but may require temporary housing. Buying first may create carrying costs or financing constraints. A purchase contingent on selling can link the two transactions, but the seller must agree and the dates need careful attention.

Make contingencies specific

Discuss the sale deadline, financing deadline, inspection period and remedies if either transaction changes. Your agent can coordinate negotiation and documentation; legal questions and unusual possession agreements should go to an attorney.

Plan possession separately

Closing, funding and receiving the keys are not always the same event. If a rent-back or early occupancy arrangement is proposed, address insurance, utilities, damage, payment, access and the final move-out date in writing.

Leave room for a change

Agree on a backup plan for delayed financing, repair negotiations or a buyer's contingency. Your agent, lender and closing team should work from the same current timeline.

General information, not a property-specific determination or legal, tax, lending or engineering advice. Applicable agreements and the relevant authorities govern your situation.