Financing in 94550 : Advice

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Arpad Racz, Real Estate Pro in 94040
Arpad Racz answered:
Should I first sell my home or buy a new one first?
Hi Karam,

It depends on your loan qualifications or finances. Could you carry 2 mortgages if you bought another home, till you sell your current one?

All the best,

Arpad
0 votes Share Flag Thu Mar 12, 2015 Financing in 94550
Donovan Morr…, Real Estate Pro in Tracy, CA
Donovan Morrison answered:
Could having a wood stove as the only source of heat result in a denial for our conventional loan on the house we are buying?
This is definitely a question for your loan officer. Different loan programs need certain conditions met. Usually if you have comparable's with the same thing it should not be a proble ... more
1 vote Share Flag Wed Mar 11, 2015 Financing in 94550
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
Doing refi plus pull money out to cover equity line. equity/second line wants separate appraisal to first. Why am i paying more for another ? Thanks
It sounds as though you want to keep the equity line active? Or subordinate the equity line to the new first.

If that is the case, the equity line lender should be willing to take th ... more
0 votes Share Flag Thu May 24, 2012 Financing in 94550
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