Buying a new home before selling your current one can be tricky. It usually requires having enough cash on hand and possibly managing two mortgages at once. While it's a challenge, here are some strategies to explore.

• List your house for sale subject to finding suitable housing - usually done with a time limit on how long you would have to find a new home.
• Sell your house with the contingency of leasing it back for a set period of time.
• Use the home equity from your current house.
• Take a loan out from your 401(k).
• Obtain a bridge loan.

There are pros and cons to these options and it's important to understand the financial impacts of each by talking to both your financial advisor and your Realtor.

Whether buying or selling, contact me to work with a Realtor® who can help you find the best option.

Donna Forest M: 603-731-5151 donna@donnaforest.com Follow her on Facebook