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Reply to "How to swing a move to a move up house?"
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[quote=Anonymous]We sold our house with a 60 day rent back and a far out closing date. Essentially, we bought ourselves nearly 4 months during which to look for and contract on a new house. We ended up contracting on a house about 2 weeks after we contracted to sell our house and then staggered the two closing dates such that we could use the equity from the sold house as the 20% down on the new house. We then had a 60 day free rent back from the owners of our original house. We never had to move to a rental. Stressful but if crafted carefully, it can work. [/quote]
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