Good morning,
Just to expand on what Mr. Garza mentioned, there are a few options you have. One would include renting or short selling your current home and then going into a lease purchase on a new home. This option would allow for you to move in and live in your new home until you have the ability to purchase again. It may or may not secure your purchase price, depending on how the contract is written. It would save you the trouble of having to move now and again in a few years.
I would be happy to run a quick market analysis of your current home to show you what others are renting for in your area. This will allow you to see if renting is even an option for you based on what your current mortgage payment is and what you could get per month as a rental. Feel free to email me your address and I can run this report right away.
Good luck with whatever you decide to do!
Alisa Grosvenor
Arizona Realty ONE Group
alisa@yourazexecutive.com
http://www.yourazexecutive.com
Direct: 480-650-7941
- Mon Aug 17 2009, 08:02