What challenges might arise when buying before selling my current home?
Buying a new home before selling the current one can be a good idea, but it comes with challenges. One main problem is dealing with the cost of having two homes at once. Managing two mortgages can strain your finances, especially if selling your current home takes longer than expected. This includes handling mortgage payments, property taxes, insurance, and maintenance costs. Juggling these expenses might put stress on your budget and could affect your ability to qualify for a new…