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Foreclosure
Center
Search the nations
most comprehensive foreclosure data service, helping homebuyers
find properties at 20-50% off market value. |
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How to buy another house
while selling yours
There are several ways to accomplish this, each one has its pros
and cons. First, you can wait until your house has been sold and
is in escrow. The problem with this is that you may feel rushed
into purchasing your next home from a possibly limited inventory.
Another way of doing this is to make an offer on a house you like
subject to you selling your house within a certain number of days.
The problem with doing it this way is that you may be forced to
reduce the price of your house to a level you feel is too low so
you won't lose your new dream house. Finally, if you don't need
the funds from your sale to use as a down payment for your new house
you can proceed with your purchase without delays. The downside
to this is that if you don't sell your house quickly thereafter,
you may be stuck with having two mortgage payments, unless you intend
to rent your house out. Whichever way you choose, we will be by
your side every step of the way to make your transition smooth and
painless. |
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