Should I buy or sell first?


This is a common dilemma for those looking at upgrading their home. Generally, it is advisable to sell first, preferably with a long settlement ie; 120 days. This result means you know exactly how much you have to spend, and the time frame you have to buy in. If you buy first/sell second, the pressure of possibly having not sold by the settlement date of the new house means that costly bridging finance may come into play and cause extra stress. It is worth discussing these options with your Creer Property consultant and possibly your accountant.