Selling Your Home and Buying Another? You May Not Need Two Title Companies

Selling one home while purchasing another can be an exciting time, but it can also mean managing two transactions at once.

You have a home to sell, a new home to purchase, contracts and deadlines to keep track of, and plenty of paperwork along the way.

One question homeowners don't always realize they can ask is: “Do I need a different title company for my sale and my purchase?”

In many cases, you don't have to use two different title companies.

At Bosshardt Title, we can assist with both the sale of your current home and the purchase of your next one.

One Move, Two Transactions

When you're selling and buying at the same time, there are two separate real estate transactions happening:

• Your sale: You're selling your current property to a buyer.

• Your purchase: You're purchasing your next property from a seller.

Each transaction has its own title work, documents, requirements, and closing details.

Having the same title company involved in both transactions can give your transaction team one point of contact for the title and closing side of your move.

Why Use the Same Title Company?

One of the biggest benefits is simplicity.

Instead of keeping track of two separate title companies, you can work with one team that understands that your sale and purchase are connected. Your sale may provide funds that are needed for your purchase. Because the transactions are happening around the same time, coordination can be especially important.

A title team handling both transactions can help keep track of the moving pieces and communicate with the appropriate parties throughout the process.

Your Sale and Purchase Are Still Separate Transactions

It's important to understand that using the same title company doesn't combine the two transactions into one.

Your sale and purchase still have their own contracts, title searches, documents, costs, and closing requirements.

The benefit is that one title company can potentially handle both sides of your move, rather than having you coordinate with two different title companies.

What Does Bosshardt Title Handle?

Whether you're selling, buying, or doing both, our team can help guide the title and closing process.

For a sale, that can include the title work and closing process associated with transferring your property to the new owner.

For a purchase, our team can handle the title and closing work associated with transferring the property to you.

And if you're doing both?We can help with both transactions.

Moving From One Home to the Next

Buying and selling at the same time can already involve a lot of coordination. Your Realtor, lender, inspectors, contractors, movers, and other professionals may all be involved.

Your title company shouldn't add unnecessary complexity. If you're selling your current home and purchasing your next one, ask your real estate professional about using the same title company for both transactions.

At Bosshardt Title, we're here to help with the entire move.

Ready for Your Next Move?

Whether you're selling, buying, or doing both, our team is here to help you navigate the title and closing process.

One move. Two transactions. One title team.

Contact Bosshardt Title to learn more about how we can help with your next real estate transaction.