Should You Buy a New Home Before Selling Yours?
By Daniel Bortz, June 19, 2018 (published with curtailments)
For many, it's an enviable situation: You own a house and have the ability to buy a new home before selling your current place.
In the excitement of buying a home, particularly your first home, it can be easy to overstep your budget. Before you start shopping, it's a good idea to draw some realistic conclusions regarding what you can really afford-and then make sure you don't get carried away.
What You Are Approved For Versus What You Can Afford
Please help us collect food and donations for the Food Drive in support of Westminster United Church Community Food Bank in Whitby, Ontario.
No donation is too small! For more information on items needed and how to donate online please, visit the Westminster United Church's website at:
www.westminster-uc.ca
Your help can make a difference in our community.
You should see a lawyer as soon as you receive an Agreement for Purchase and Sale from the builder.
My advice is based on my own personal experience when my wife and I made a costly mistake many years ago.