Justin Willmon

Carlos, It is ultimately going to depend on your financial situation and your real estate goals. If you are in the position to keep your current property and use it as an investment property and purchase the new one, then that is always an option. If you need to sell your current home before you buy a new home, you will be purchasing "with a contingency". Which essentially means you are saying you will buy the new home, contingent on your old home selling. My best advice would be to find a trusted real estate agent in the area that can walk you through this process, and find a trusted mortgage lender that can look at your financial situation and give you advice on the best route to achieve your real estate goals. Good luck on the process!