Probably should explain that the new house will cost about the same as the sale price of the old house. Are you counting on that? And are you sure? Based on recent sales in your neighborhood of comparable homes? And have homes been selling quickly in your neighborhood lately? Have you had 2-3 realtors in to do an analysis and compare their proposed techniques for selling your old home? I would do that at least, and probably pay for an inspection in order to estimate costs of getting old house into salable condition before buying the new house.
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