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 "Thinking of Renting an Apartment While We Sell Our House"
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]You’re not the only one that’s having trouble wrapping your head around how to make this work without moving multiple times. I think that’s part of why the market is so slow. I live in an area where a house that isn’t a falling down murder shack is expected to be staged and unoccupied when it’s put up for sale. But temporary rentals are really tight and extraordinarily expensive. A lot of people use bridge loans via their real estate agents lending partnerships, but those typically have a 6- month repayment term which in this market is a little scary. We bought with a bridge loan, sold our old house, and then had a scary 4 weeks to go on the bridge loan before we closed. That’s part of what is freezing up movement where I live: even very wealthy people don’t want to spend a year on rent if they can’t predict if they’ll be out of a house for just a weekend or 8 months, and if they have to be temporarily sitting on two mortgages and a bridge loan. [/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
