If you're thinking about upgrading your space or moving to a different part of Denver, you're probably wondering: should I sell before buying a house? It's a big decision, and there’s no one-size-fits-all answer. I’ve helped clients navigate both routes, and the best approach often comes down to your timeline, finances, and the kind of home you’re targeting.
Let’s walk through the pros and cons—so you can move forward with confidence and a strategy that fits your situation.
Key Takeaways
-
Selling first offers more financial security but can leave you rushing to buy
-
Buying first gives you control over your next home but may require extra planning
-
The Denver market’s pace and inventory play a big role in your decision
-
A trusted agent can help you weigh your options and time it right
Reasons to Sell Before Buying
Why It’s Often the Safer Move Financially
Selling your current home first has its advantages—especially when it comes to budgeting and simplifying the process:
-
Know your exact budget: Once your home sells, you’ll know exactly what you can spend.
-
Avoid carrying two mortgages: Reduces financial stress during the transition.
-
Stronger negotiating power: Offers with fewer contingencies are more appealing to sellers.
-
No need for a bridge loan: You won't need temporary financing between transactions.
In areas like Washington Park or Park Hill, where homes sell quickly, selling first can help you lock in top dollar without pressure.
Challenges of Selling First
What to Watch Out For
While selling first offers financial clarity, it’s not without stress:
-
You may need temporary housing: If you don’t find your next home right away, you might need a short-term rental or stay with family.
-
It adds urgency to your search: Once your home closes, you’ll feel the pressure to buy fast.
-
You could miss out on your dream home: If the right home pops up while you're still selling, you may not be ready to act.
Reasons to Buy Before Selling
When It Makes Sense to Secure Your Next Home First
For many clients in competitive Denver neighborhoods like LoHi or Highlands, buying first offers peace of mind:
-
You can move at your own pace: No rush to settle—find the right home without pressure.
-
Avoid moving twice: Buy your next home, move in, then sell your old one.
-
Ideal if you’ve found “the one”: If the perfect property hits the market, it might not wait for you to list your current home.
Risks of Buying Before You Sell
Why This Route Takes Planning
Buying first can be the right choice—but only if you’re financially prepared:
-
You may need a bridge loan or savings: Carrying two homes can get expensive.
-
Your current home may sell for less than expected: Which can impact your buying power.
-
Contingent offers are less competitive: Especially in hot Denver areas, sellers often favor clean offers.
How to Decide in the Denver Market
Local Factors That Should Guide Your Strategy
What works in other markets doesn’t always work here. Denver’s real estate pace means timing matters:
-
If inventory is tight: Consider buying first—your options may be limited.
-
If homes are selling fast: You may feel more confident selling first, knowing you'll find something soon.
-
If you're upgrading significantly: Selling first gives you clarity and flexibility for your next move.
FAQs
What’s the biggest risk of buying before selling?
Financial strain. You could end up carrying two mortgages longer than expected or relying on bridge financing.
Can I sell and buy at the same time?
Yes, but it takes careful coordination. An experienced agent can help align your timelines and manage both closings smoothly.
Should I sell first in a seller’s market?
Often, yes. Denver’s competitive market can help you sell quickly, but make sure you have a plan for where to go next.
Contact Elise LoSasso Today
Whether you're upgrading, downsizing, or relocating within Denver, I’m here to guide you through every step—starting with whether you should sell before buying a house. I’ll help you time things right, connect you with trusted lenders, and make your move as seamless as possible.
Reach out to me at Elise LoSasso, and let’s talk about a strategy that fits your goals. Whether you're eyeing a sleek condo downtown or a larger home in Central Park, I’ll help you transition smoothly and confidently.
*Header photo by Elise LoSasso
Reach out to me at Elise LoSasso, and let’s talk about a strategy that fits your goals. Whether you're eyeing a sleek condo downtown or a larger home in Central Park, I’ll help you transition smoothly and confidently.
*Header photo by Elise LoSasso
