"wn23" wrote...
Our offer on a house was verbaly accepted by the seller and we are
already pre-approved for the financing. When should we put our current
house up for sale

Right now. When you sell your current property, be sure to add in the
contract
that the sale is contingent upon your closing on your new house by
whatever
date.

Thanks, but isn't it possible that the deal to purchase the new house
may fall thru during inspection or attorney review? If so, should I
not wait until after that so as not to premtively put my house up for
sale.

Most people in "normal" circumstances (need to sell one house in order to
afford a new one) put their current house up for sale before looking for a
new one, or at the same time.

If you are getting a mortgage for the new house, and depending on your
financial situation, it may be more difficult/expensive to get the mortgage
if you have one on your current house and cannot show the lender an imminent
probability of sale. If you haven't even started advertising it, that
probability is significantly lower. While you may be pre-approved for
financing, the final interest rate may be higher if the lender perceives a
higher risk with your 2 mortgage payments.

OTOH, if you have no problem carrying 2 mortgages simultaneously, or the
situation doesn't apply, wait as long as you want.