Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

How can I buy and sell at the same time without moving twice?

Buying and selling at the same time without moving twice comes down to aligning possession dates, so your sale closes on or just before your purchase, and a lawyer, charging fees typically $800 to $1,500 per side, coordinates both closings through the Law Society of Saskatchewan's standard process.

A short-term bridge loan is the usual tool when the dates cannot line up exactly, letting you access your current home's equity before its sale actually closes so you can complete the purchase without a gap in between.

The other common tool is a rent-back, where you sell your home but negotiate to stay in it as a tenant for a short period after possession, buying yourself time to move directly into the new place instead of into temporary housing.

Which tool fits depends on how close your two closing dates can realistically get and how much timing risk you are comfortable carrying. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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