Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "How to buy AND sell a house simultaneously"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]That basically seems right. Depending on the nature of the mortgages on each property, you might or might not want to bother actually recasting the new one -- when we bought and then sold six years ago, we were able to qualify for an 80/20 mortgage on the new house despite having a mortgage on the old one. So we just invested most of the proceeds of the sale once that closed. I was not a huge fan of carrying both mortgages, even for just a few months, but it worked out fine in the end.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
