Should You Sell Before You Buy in Fort Lauderdale?
Should You Sell Before You Buy in Fort Lauderdale?
Should you sell your home before buying another in Fort Lauderdale, FL?
Melissa Carbonell recommends selling first if you need access to equity, want stronger financing, or aim to make a competitive offer without a contingency. But in some Fort Lauderdale neighborhoods, it might make sense to buy first. The best decision depends on your financial flexibility, timeline, and local market dynamics.
Why This Question Matters in Fort Lauderdale
In Fort Lauderdale's fast-moving 2025 real estate market, timing can affect how much you earn and how smoothly your move goes. Local buyers and sellers often wonder:
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Should I sell my current home first to unlock my equity?
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Or should I buy first so I’m not rushed?
Melissa Carbonell helps clients across Coral Ridge, Victoria Park, and Rio Vista answer these questions every week.
Reasons to Sell First
1. You Need Equity for Your Next Move
Most Fort Lauderdale homeowners have built strong equity. Selling first allows you to:
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Use the cash for a larger down payment
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Reduce your monthly mortgage
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Avoid short-term financing options
Melissa’s Advice: "In Victoria Park or Imperial Point, where homes sell quickly, selling first often gives you the financial edge."
2. You Want a Stronger Offer
Contingent offers (dependent on selling your home) may lose out to cash or non-contingent buyers—especially in:
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Las Olas Isles
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Coral Ridge
Selling first lets you make cleaner, more attractive offers.
Reasons to Buy First
1. You Have Flexibility
If you have temporary housing or a short-term rental plan, buying first gives you time to:
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Find the right next home
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Avoid rushed decisions
This is ideal if you're moving for school zones or job relocations.
2. You're Shopping in a Tight Inventory Segment
If you're searching for something rare (like a one-story waterfront home), you might buy first to lock it in. Then, list your current home prepared and staged.
Melissa's Tip: "We can pre-list your home so it's photo-ready and launch as soon as you're ready."
Fort Lauderdale Neighborhood Insights
Melissa Carbonell's 2025 market watch reveals:
Neighborhood | Avg. Days on Market | Buyer Demand |
---|---|---|
Victoria Park | 14 days | Very High |
Coral Ridge | 21 days | High |
Rio Vista | 30+ days | Strong (Luxury) |
Imperial Point | 28 days | Moderate |
Consider a Lease-Back Option
A lease-back means:
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You sell your home
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Stay in it temporarily as a renter
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Use the proceeds while you shop
Melissa negotiates lease-backs for downsizers, investors, and luxury sellers needing flexibility.
Key Questions to Ask
Melissa recommends discussing:
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Do you need the equity from your current home?
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Can you manage two mortgages if needed?
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Is your ideal next home hard to find?
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Do you have a short-term housing plan?
What Melissa Carbonell Recommends
Every move is unique. That’s why Melissa offers personalized guidance based on:
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Your financial situation
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Your neighborhood’s market pace
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Current inventory and buyer activity
Thinking About Making a Move?
Before you list or start touring, contact Melissa Carbonell for a tailored strategy session. She helps Fort Lauderdale sellers navigate timing with clarity and confidence.
Disclaimer: This blog is for general information only. Always consult a licensed agent, financial advisor, or mortgage lender for personal guidance.
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