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[quote=Anonymous][quote=Anonymous]We want to move and can't work out the logistics of making an offer in such a competitive market where buyers often waive all contingencies.

Here are our stats:

Current home worth about $850k in a desirable area where homes sell quickly (BUT - its is in fairly good but not top notch condition and certainly not just renovated).  We have a mortgage of $140k remaining. After costs we can assume to clear about $650k.

We have a HHI of approx $150k but this is a raise from $100k last year as documented by tax returns. I assume we will not be able to qualify for a large mortgage even temporarily until the sale of our home based on income alone.

We have a HELOC of $125k, all of which is currently available to borrow.

We have approx $100k in savings. This is our primary emergency fund though.

We have nearly $300k in a brokerage account which would have tax implications if we sold stock, so we don't want to temporarily liquidate this, unless we had to.

We also have about $800k in retirement and college savings which we won't touch, but could perhaps be used to secure a loan?

So if we're to hope to be able to put in a competitive offer, how would we do this, short of selling our house first and moving to a rental.[/quote]

Sell your house first with a contingency to be able to find a house to buy.[/quote]

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