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Reply to "In what price range should we be looking?"
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[quote=Anonymous]If you take out a mortgage and rent the rowhouse, depending on the lender you will need proof that the rent is covering the mortgage so that its not impacting your debt limit when they calculate the mortgage limits for the new house. For us, DH had to have his condo rented out for 2 years to qualify and for them to not take that debt into account. Just a thought. I would sell the rowhouse and not deal wih Renton as you are buying a new house. [/quote]
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