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Relocating to Sarasota · Lakewood Ranch · Venice · Wellen Park · Bradenton

Buy Your Florida Home Before You Sell

No sale contingency, one move, and a plan for your equity.

Most of our relocating buyers have their wealth tied up in the home they're leaving. You don't have to sell first and rent in between. We'll help you use that equity, make a non-contingent offer on the Suncoast, and line up the sale so you move once.

Plan my move → 📞 Call (941) 529-1040

HELOC, bridge & recast Non-contingent offers Licensed in all 50 states 4.9★ on Google

How can you buy a home in Florida before selling your current home? There are four common ways: qualify with both mortgage payments if your income supports it; open a home equity line of credit on your current home before listing it and use it for the down payment; use a short-term bridge loan secured by your current home; or put less down now and, after your sale, pay down the new loan and recast it to lower the payment, which many conventional loans allow but FHA and VA loans generally don't. The Galli Team at Novus Home Mortgage, led by Region Manager Chris Galli (NMLS #13152), helps relocating buyers moving to Sarasota, Lakewood Ranch, Venice, Wellen Park and Bradenton structure these plans and is licensed in all 50 states.

Chris Galli, Region Manager, Novus Home Mortgage · NMLS #13152 · (941) 529-1040

Your options

Four ways to buy before you sell.

Strategy	How it works	Best when	Watch for
Qualify with both payments	Your income covers the current mortgage and the new one for a while	Strong income or a small current mortgage	Debt ratios; reserves for both homes
HELOC on your current home	A home equity line funds your Florida down payment	You have solid equity and open it before listing	Many lenders won't open a HELOC once the home is listed
Bridge loan	A short-term loan against your current home until it sells	You need cash fast and expect a quick sale	Higher cost; availability varies
Buy, sell, then recast	Put less down now, then pay down the loan after your sale and lower the payment	Conventional loans that allow a recast	FHA and VA loans generally can't be recast

If you'll rent out your current home instead of selling, a signed lease may help offset its payment, depending on the program. We'll match the strategy to your numbers.

Why it matters

Win the home, then move once.

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Stronger offers

An offer without a home-sale contingency competes better, especially on resales and in popular communities.

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One move, not two

No storage unit, no short-term rental in between. Move your things straight into the Florida home.

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Sell for the best price

Once you've moved, your old home can be staged and sold without the pressure of a deadline.

Where our relocating buyers land

From up north to the Suncoast.

Lakewood RanchWhere our family lives Wellen ParkResales and new builds VeniceRetirees, condos and second homes SarasotaDowntown, the keys and Palmer Ranch BradentonOur office and Anna Maria Island North PortRoom to grow

Buy-before-you-sell planner

Can your equity fund the down payment?

See how much a home equity line on your current home might provide, and what your sale could pay down afterward.

Estimated HELOC available

$—

Down payment + est. closing costs needed

$—

Enter your home's value and the Florida price.

Illustration only. Closing costs estimated at 3% of the Florida price; sale proceeds estimated after about 8% selling costs. HELOC approval depends on credit, income and the lender's rules, and both payments may count toward qualifying until the sale. Not a quote, approval or tax advice.

Build my moving plan →

"Most people moving down here have their savings tied up in the house up north. We help them use that equity the smart way, so they can buy the right Florida home first and sell without pressure."

Chris Galli · Region Manager · Novus Home Mortgage · NMLS #13152

Get started · No hard credit pull

Moving to the Suncoast? Let's plan it.

Tell us where you're moving from, your home's rough value and the Florida area you like. We'll call with a buy-before-you-sell plan that fits.

Rather talk now? Call (941) 529-1040 or book a call.

Quick answers

Buy before you sell FAQ.

Can I buy a home in Florida before selling my current home?

Often, yes. You can qualify with both payments if your income supports it, use a HELOC on your current home for the down payment, use a bridge loan, or put less down now and recast the new loan after your sale. The right choice depends on your equity, income and loan type.

Can I get a HELOC on a home that's listed for sale?

Usually not. Most lenders won't open a home equity line on a property that's already listed, so if you plan to use one, open it before you list your current home.

What is a mortgage recast?

A recast lets you pay a lump sum toward your loan's principal, usually after selling your old home, and have the lender recalculate a lower monthly payment while keeping the same rate and term. Many conventional loans allow it for a small fee; FHA and VA loans generally don't.

Do I have to count both mortgage payments to qualify?

In most cases, yes, until your current home is sold. If you'll rent the current home instead, a signed lease may help offset its payment depending on the program. We run the numbers both ways before you shop.

Is a bridge loan a good idea?

It can be when you need cash quickly and expect your current home to sell soon. Bridge loans usually cost more than a HELOC and availability varies, so compare them with your other options first.

Can I get pre-approved for Florida while I still live up north?

Yes. Pre-approval is based on your credit, income and assets, not your address. We're licensed in all 50 states, and closings can often be handled remotely.

Which Suncoast areas do relocating buyers choose?

Our relocating buyers most often look in Lakewood Ranch, Wellen Park, Venice, Sarasota, Bradenton and North Port, depending on budget, community style and how close they want to be to the beach.

Do you work with sellers' agents up north?

Yes. We coordinate timelines with your listing agent and title company so the Florida closing and your sale line up as closely as possible.

More ways we can help.

Moving from MassachusettsOffices in both states Venice mortgage lenderCash vs. mortgage planner Wellen Park resalesSeller credits and fast closings Lakewood Ranch jumboHigher-end relocations Asset-based loansRetirees and investors Jumbo loansAbove $832,750 Condo financingBuilding reviewed first Rate buydownsLower your first-year payment Meet Chris Galli29+ years, Region Manager

Ready when you are

One call. A clear plan.

Fifteen minutes with Chris or the team, no hard credit pull, and you'll know how to buy your Florida home before you sell.

📞 Call (941) 529-1040 📅 Book a call

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