What a "Buy Before You Sell" Program Really Costs

Buy-before-you-sell programs help homeowners buy a new home before selling their current one but come with costs that should be clearly understood. Key questions include total cost, risks if the home takes longer to sell, and what benefits are gained. These programs are worthwhile if buying new construction, unable to qualify for two mortgages, or facing costly double moves. If the home sells quickly and financing allows, traditional methods may be cheaper. Compare costs carefully before deciding.