It "looks" like you would like to buy a new primary residence but you have a home you need to sell at the same time, right? If so, you can make an offer on a new home with a contingency that your current home sells before you can close on your new home.
As long as you're buying a new primary residence a 10% down payment will be fine.
If you're looking for an actual 2nd home, you're best bet with 10% down is the HomePath program.
What state do you want to buy in?
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
Top 2% of Century 21 Agents Nationwide
As well, should you be considering the purchase on a foreclosed property, you just might get lucky and find a property that has the financing offered when you purchase a particular home. Fannie Mae, VA, FHA all have incredible financing programs on certain properties. (Here's an example of financing which was offered on a home I sold a week or so ago: http://www.fanniemae.com/homepath/financing/index.jhtml).
Best of luck to you...there are some incredible deals out there nowadays!
Beach Quest Properties, LLC
My suggestion:1. Keep you home in New York until you're able to sell it at the price of a healthy seller's market. 2.Use the 10% Down Payment you have to purchase a home where the seller is willing to carry the note for the life of the loan or a certain term. 3. Buy in the DFW area...have excellent, high performing seller finance investment opportunities that can't be found anywhere else in the US!
Contact me directly @ Erica.Cisneros@gmail.com