I grew up in Sharon and would suggest you hire a buyers agent to help you with your purchase. You will need that agent to coordinate and communicate with your listing agent to make sure the two coincide. Interview a couple agents to be sure you get a feeling of trust from the one you choose. You'll be working together for a few months so you do want to like them a little bit. I wish you all the best and if I can help further, I'd be happy to. ~Jen Litterio ~ 508-944-4954
As others have stated, they are different markets so I would use a different agent for each transaction. In addition, if you are buying you do have the option of working with an exclusive buyer agent - that is an agent that works with buyers only and has the expertise and loyalty of buyer-only representation. A loan officer would be the best person to answer the question about the refinance and you have some responses already and I would also be willing to refer you to a qualified loan officer to answer that question. It sounds like you are planning ahead - which is always a great start!
Good luck with your home sale & purchase!
we should have about 10% to put down. we need to put some of our savings into some updates to our current home to get it ready to sell. if we cant get the preapproval we are hoping for, we can rent in our future town. our child starts kindergarten next fall (2013) and i don't want her to change schools once she starts.
You don't necessarily need 20% down but that will prevent you from paying mortgage insurance. You probably won't get 100% financing.
You don't need to sell in order to get pre approved. A pre approval can be based on an assumption of you potential sale. It would be wise to see that this will work before you go through the effort of selling.
As for the investment property. It's a good time to refi now based on the low rates. If you have excellent credit refinancing around when you buy wouldn't hurt your credit. It might be better though to have that refinance done in advanced so you can be accurately qualified for the Sharon purchase.
I am based in Natick if you with to speak with no cost or obligation.