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sell house / buy house
(xparafile) wrote in
om:
I need to buy another house, using the money I will have, upon selling
my present house, (mortgage is paid off). Is there a (chronological)
scenario, where I could go from one house, to the next, without
renting for a while? The only money I have toward another house, is
what I will get for my present house.
Why not talk to a mortgage broker or real estate agent, so you get
information that's accurate for your area and situation?
The basic idea would be to get a bridge loan, buy the new house, move in,
then sell the old house.
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