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Real Estate
Reply to "How to buy a house without a contingency of selling our current home"
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[quote=Anonymous]We are in the same situation, OP. There aren't very many options, unfortunately. You can do a 401K loan, a bridge loan (but can be pricey), or refinance the existing home if you have enough equity plus assets (401K loan or other) to then buy the second home in cash. The simplest way to do it is to sell your house first, though, which is likely what we will do. A little nervewracking since we're in a pretty hot market so you can write a lot of offers before getting a house, but it is starting to soften. Also talk to your bank to find out how much you qualify for, since that may make a difference in how you go about doing it. [/quote]
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