Do I need to sell first to buy a property?

Profile Image

Gustavo Torres

Do I need to sell first to buy a property?

The real estate agent will ask you questions at the time of hiring, and to ensure you're prepared, I'll share some examples with you:

  • Do you intend to buy another property with the money you'll get from the property for sale? In the case that you're currently living in the property.

  • How soon do you want to deliver it once the sale is closed?

It's important to be completely honest with the real estate agent because the success of the transaction depends on it. If you don't have the money from the sale to acquire another property after selling the one you have, ask your agent to help you add a contingency to the offer for the new property. Specify in the purchase contract that the acquisition of the property will depend on the sale of your current property.

Gustavo Torres

Gustavo Torres

Welcome to my website! I’m Gustavo Torres, a broker at Remax Baja Realty. With roots in the Rosarito Beach Hotel since the 1920s, we launched Remax Baja Realty in 2004 to provide secure investment opportunities in Baja’s thriving real estate market. Whether you're from Mexico or the US, we’re here to guide you. As one of the largest real estate companies in Baja California, we owe our success to our loyal clients and friends. Helping you invest in real estate isn’t just my job—it’s my passion!