Selling and buying at the same time is calendar management. Equity from the home you sell often funds the next one, but notary dates, conditions and delays don’t always line up.
Put all dates on one line
Sale date, purchase date, financing condition, inspection, notary, move: look at them together. A few days of mismatch can change the cash you need.
I need to know whether the sale is accepted, conditional or still to come. How certain it is changes the strategy.
Calculate available equity
The sale price doesn’t turn into a full down payment. Subtract the mortgage balance, the penalty, real estate fees and adjustments.
File checkpoints
| Area | Question | Useful proof |
|---|---|---|
| Budget | Does the payment remain affordable after closing? | Payment, taxes and insurance. |
| Timeline | Is the deadline realistic? | Offer, condition and notary dates. |
| Risk | What could slow approval? | Credit, income and property notes. |
In a sale-purchase file, the right plan protects the dates as much as the rate.
Plan if one date moves
You may need bridge financing, a temporary line, or a better-written condition. With no second plan, a small hiccup puts both transactions under pressure.
Where the file usually needs attention
These bars show which items deserve attention first; they are not a credit score or approval promise.
Clean documents reduce back-and-forth.
A realistic condition protects the offer.
Policy fit often matters as much as price.
- ✓Sale date
- ✓Purchase date
- ✓Net equity
- ✓Financing condition
- ✓Sale costs
- ✓Delay plan