Ready to Move? Consider Renting in Your New Town First!

When making a move, it seems like a nice idea to buy a home first, and move in. However, it might make sense to rent for a little while first, especially if you plan to sell your old home.

Here’s why it might make sense to rent first:

Finances

Trying to pay two mortgages can be difficult. Plus, if you haven’t managed to sell your old home yet, or you don’t have someone lined up, some lenders won’t let you buy the new place. It’s just too risky.

Even if you plan to rent out your old house as a sou...