Selling to Move Up in Nova Scotia
The step-by-step checklist for sell-and-buy homeowners coordinating two transactions.
For homeowners selling their current home to buy their next one — coordinating two transactions instead of one, built for Nova Scotia's lawyer-closing process. Covers equity, porting mortgages, bridge financing, listing prep, and coordinating both closings.
Key Tips
Get a professional opinion of your current home's value before listing
Request your mortgage payout statement early, including discharge or prepayment penalties
Review whether your current mortgage is portable or needs to be discharged
Get pre-approved for your next mortgage based on projected equity, not just current income
Use the same lawyer for both sale and purchase to simplify fund transfers
Consider bridge financing if your sale and purchase don't close on the same day
Your Checklist
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