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

Should I sell before or after moving to my new home?

Selling before you move avoids carrying two properties at once, but it can mean a gap between possession dates where you need temporary housing, while selling after you move guarantees a smoother transition but exposes you to two sets of mortgage and utility payments in the meantime.

The deciding factor is usually your finances. If you need the equity from your current home to fund your next purchase, per standard Law Society of Saskatchewan closing practice your lawyer disburses those funds at possession, and legal fees of $800 to $1,500 come off that amount, so selling first is often the safer sequence even with a short gap to bridge.

If you can carry both properties briefly, moving first lets you negotiate your sale without the pressure of also needing a place to live, and a longer or later possession date can be negotiated as part of the deal to line the two up.

Either sequence can work; the question is which risk, a temporary gap or a temporary double payment, you are better positioned to absorb. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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