Selling and Buying a Home in Wichita at the Same Time? Here's How to Handle It

Selling and Buying a Home in Wichita at the Same Time? Here's How to Handle It

Trying to sell your current home while buying your next one in Wichita? You’re not alone—and you're definitely not crazy. While it can feel like a high-stakes juggling act, it's completely manageable with the right guidance and planning.

At The Stanton Group, we've helped many Wichita-area families move seamlessly from one home to another. Here’s what you need to know to do it with confidence—and without unnecessary stress.

💰 Step 1: Understand Your Financial Position

Before you make a move (literally), speak with a lender. Can you buy your next home without selling your current one? Or do you need to access the equity from your current home to move forward?

Getting pre-approved early helps you understand your options, establish your budget, and determine whether you’ll be buying before selling—or the other way around.

📈 Step 2: Know the Wichita Market

Is it currently a buyer’s market, a seller’s market, or balanced? How long are homes taking to sell in your neighborhood?

Local market conditions will influence:

• Whether it’s better to list or buy first

• How aggressive you should be with your pricing and timeline

• How fast you'll need to move when you find the right house

The Stanton Group will help you assess these factors in real-time and create a game plan that aligns with market dynamics.

🔁 Step 3: Decide Which Comes First—Buying or Selling?

Each approach has pros and cons:

• Selling first gives you a clearer idea of your budget and reduces financial risk. But it may mean needing temporary housing if you haven’t yet secured your next home.

• Buying first gives you more control over your move-in timeline, but may require carrying two mortgages temporarily—or tapping into financing tools (more on that below).

There’s no one-size-fits-all solution. We’ll help you decide based on your unique financial situation and comfort level.

📄 Step 4: Consider a Contingency Offer

In some cases, you can make your offer on a new home contingent on the sale of your current one. This means your purchase only moves forward if your home sells.

While this offers protection, it may make your offer less competitive in a hot market. We’ll help you navigate these conversations with sellers and structure your offer strategically.

🏦 Step 5: Explore Bridge Loans or HELOCs

Need access to your home’s equity before it sells? Two financing tools to consider:

• Bridge Loan: A short-term loan that covers the down payment on your new home while you’re waiting to close on the sale of your current one.

• HELOC (Home Equity Line of Credit): Allows you to borrow against your current home's equity before listing it.

Both can be powerful options, depending on your needs and comfort level. We'll connect you with lenders who can walk you through the details.

🗓 Step 6: Coordinate Your Closings Carefully

Yes, it’s possible to close on both your sale and purchase on the same day or within a few days. This takes detailed coordination between your agent, lender, title company, and sometimes movers.

Our team is known for managing these transitions smoothly so you don’t feel overwhelmed. We handle the logistics so you can focus on your move.

🧭 Step 7: Choose a Team That Does Both

You need a real estate team that knows how to manage two transactions at once—and that’s exactly what we do.

At The Stanton Group, we’ll:

• List, market, and sell your current home

• Help you shop and negotiate your new home

• Align the timelines for both

• Provide trusted lender and vendor connections

• Be your single point of contact through it all

Let’s Make Your Next Move Happen

Selling and buying at the same time doesn’t have to be stressful. With the right plan and the right people by your side, you can make a seamless move into the next chapter of your life.

📞 Contact The Stanton Group today to schedule your free consultation and let’s create a game plan that works for your timeline, budget, and goals.