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[quote=Anonymous]We're thinking about 'upgrading' within the same neighborhood.  This is our first home so we've never sold before; buying while renting (and with no kids is so much easier!).  we live in a decent house in a desirable neighborhood, so I think it should sell pretty quickly if not overpriced.  Unless a realtor tells me otherwise, we'd like to buy first so 1) we have time to make any repairs to the new house before moving and 2) we're not showing the house while living in it.  I know this is insanely complicated and we'll need bridge financing, but I think our financial situation is such that we should be able to get it (again, assuming our agent agrees that our current house will sell quickly).  Here are a few questions - would appreciate any advice on how to do this!

1. we need to get an idea of how much we can sell the house for before we figure out our price range for a new one - will an agent give us a ballpark figure before we sign a listing contract?  (if it's not worth what we think we might change our minds, since we know what the houses we like are going for and how much we need to be able to get into one).

2.  how expensive is bridge financing?  I think what we do is set up our new mortgage, then basically pull all the equity out of the old house with a bridge loan to make the down payment, and pay higher fees on that loan until we sell the house and close it out?  Any tips?

3.  in addition to the down payment and closing costs, what kind of cash should we expect to have on hand for 1) moving from a well-furnished 3 BR house, with some packing help for fragile items, 2) staging and touch-ups to list the old house, and anything else I'm missing that adds up?

4.  Are all these questions that a realtor would answer if I was still trying to decide whether to move?

Thanks![/quote]

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