How to Buy a New Home Before You Sell in DeSoto, TX

By Steven J. Thomas

Introduction

Buying your next home before selling your current one can feel like a juggling act. In DeSoto, TX—where homes often move quickly—timing matters. You want to secure your dream home without risking being stuck with two mortgages. The good news? With the right plan, it’s possible.

This guide walks you through the strategies, financing options, and local insights to make your move smooth.

Neighborhood Spotlight: Why DeSoto Attracts Move-Up Buyers

DeSoto, just south of Dallas, blends suburban comfort with quick city access.

• Median home price (2025): $356,000 (up 3.8% year-over-year)

• Average days on market: 28

• Inventory: Tight but improving—more new construction options available.

If you’re trading up, you’ll find solid choices in Mantlebrook, Mockingbird Hills, and newer developments along Belt Line Rd. You can browse Dallas–Fort Worth new construction homes to see what’s available right now.

Local Market Trends in 2025

The Dallas County market is still competitive, but mortgage rate stabilization is giving buyers breathing room. Sellers in DeSoto are getting close to full asking price, making it easier to tap equity for your next purchase.

For buyers, the sweet spot is moving quickly on listings while aligning your current home sale with your purchase timeline. Use the Home Seller Score to gauge your selling position before making offers.

Cost Breakdown: What You’ll Need to Budget

Buying before selling means covering two properties—at least temporarily. Your costs may include:

• Down payment for the new home

• Mortgage payments on both homes until yours sells

• Closing costs (about 2–5% of purchase price)

• Moving expenses

• Possible repairs or staging costs for your current home

Starting with a pre-approval will show exactly what you can afford and help you compete in multiple-offer situations.

Builder & Community Insights

If you’re considering new construction, local builders like Bloomfield Homes and Antares Homes offer flexible timelines. Some allow you to lock in a home now while giving you time to sell.

Ask about the New Construction Homes Rebate Program to save money after closing, and check the New Construction Home Guide for step-by-step advice.

Financing & Incentives

Here are the main ways DeSoto buyers bridge the gap between homes:

1. Bridge Loans

A short-term loan using your current home’s equity to fund your next purchase.

2. Home Equity Line of Credit (HELOC)

Tap into your equity before listing your home to cover the down payment.

3. Contingency Offers

Make your purchase dependent on selling your current home—less competitive but safer.

4. Rent-Back Agreements

Sell your current home, then rent it from the buyer for a set time while you close on the new one.

Learn more about financing options in the next New Construction Webinar, where local mortgage experts break it down.

Conclusion

Buying your new home before selling in DeSoto, TX is possible with the right financing, market insight, and timing. Align your sale and purchase strategies, and work with professionals who know how to navigate both sides of the transaction.

Start your search now—Download the Lone Star Living App and connect with a local expert to map your next move.

You're Always Home With Refind Realty!

FAQs

1. Can I buy a home in DeSoto without selling mine first?
Yes—bridge loans, HELOCs, and contingency offers can make it possible.

2. How competitive is the market in 2025?
Homes average under a month on market, so preparation is key.

3. Is new construction a good option?
Yes—builders often have more flexible timelines than resale sellers.

4. How do I avoid paying two mortgages for long?
Price your home right and use the Home Seller Guides to speed up your sale.

5. Should I buy or sell first in DeSoto?
It depends on your finances, risk tolerance, and available listings.

6. How do I get started?
Download the Lone Star Living App to see real-time listings and market data.