3 Strategies That Can Help Minimize Your Stress When Selling And Buying A Home At The Same Time

3 Strategies That Can Help Minimize Your Stress When Selling And Buying A Home At The Same Time

If you are in the process of simultaneously selling a home and buImage titleying a home, you may be in for a very stressful experience.  Selling and buying at the same time for some people has even been as stressful as divorce, bankruptcy, becoming a parent for the first time, or even planning a wedding!

 

It is not easy, but staying calm will help you to plan for and complete your upcoming home sale and purchase, and make the process easier.  So how can you minimize and/or avoid the stress?  Here are three strategies that will help you stay calm, no matter what happens along the way.

 


Have a Well Thought Out Plan A & Plan B in Place…

 

Much of the stress that you can experience can often the result of poor planning or no planning.  You may feel stress if you do not have enough time to move or if you have to pay mortgages on two homes because your current home is not selling fast enough.

 

Before you get too far into the home selling and buying processes, talk with a Trusted Advisor | REALTOR®, and ensure that you have a well thought out Plan A and Plan B in place for how you will manage selling and buying at the same time.  Build in adequate time and expense considerations for unexpected complications – even if nothing goes wrong, it is still nice to know you have some room to work with and a well thought out fallback plan if things do go wrong.

 

Be Ready to Improvise if Things Go Sideways

 

There are a number of reasons that selling and buying at the same time can result in complications.  You might need to move out before you have a home to move into, or you might not have the money for your new home if your current home has not sold.  Be prepared to do a short-term seller leaseback, rent a hotel room, take out a short-term loan, or move your belongings into storage, if things do not go according to plan.

 

Talk Out Your Problems with Loved Ones

 

In times of stress, it is helpful to turn to friends and family for a helping hand.  Studies have shown that having a strong social support network can mitigate the effects of stress.  The Mayo Clinic suggests reaching out to loved ones when you begin to feel overwhelmed.  Do not be afraid to ask your family and/or friends for emotional support, and whenever you have an opportunity to socialize, take it – you will find it easier to handle stress after a fun night out with family and/or friends.

 

Selling and buying a home at the same time can be a stressful experience, but an experienced Trusted Advisor | REALTOR® can help you achieve your real estate objectives while helping you minimize your stress.  Call or Text a Trusted Advisor | REALTOR® from Martin Real Estate Advisors, a JP & Associates Company, at (469) 262-5411 to learn how you can successfully sell and buy at the same time, and mention this article to receive our special seller/buyer incentives.


Annette Bruen Headshot
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Phone: 972-977-3221
Dated: August 28th 2015
Views: 920
About Annette: Before making the move to help families realize their real estate dreams, Annette made her professio...

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