Have your Mortage Lender approve your new purchase up to a certain price. This approval will be subject only to to appraisal of your new home to confirm that its Market Value is sufficient to secure your new mortgage.
In addition to the peace of mind which comes from knowing how you can spend for your new home you will also have a distinct advantage should you find yourself in a multiple-offer situation. Your negotiating position wil be much stronger then that of a competing individual who is not yet approved for their mortage.
