I think the best way for you to find out if you need to sell your current home would be for you to speak with a lender and let them qualify you. This way they can gather all the neccessary info and make a determination. If you would like I can refer you to a great lender.
Solid Source Realty
Branch Manager/ Sr. Mortgage Loan Originator
NMLS# 200557 GA MLO# 27309
Mobile: (678) 770-6697
Office: (770) 279-0222 ext. 377
Toll Free: (800) 344-8788 ext. 377
Fax: (770) 279-9141
2nd, if you are looking for a great home I have several listings in the Lawrenceville Community just take the one with almost 3 acres and and in-ground swimming pool at 1386 Hillandale Road, Lawrenceville, Georgia. Here are the pictures http://www.facebook.com/media/set/?set=a.3761790036848.30601
As Gwinnett Magazine's BEST Realtor for 3 years and awards from J.D. Power & Associates, Atlanta Business Chronicle and the recent award for 2012 Lawrenceville Patch Readers Choice Award Best Realtor, I know Lawrenceville and want to show you only the BEST homes!
Star Team Atlanta Realty
As one of the largest direct lenders in the country, Prospect Mortgage offers one of the largest selections of loan programs available. In addition to the standard conventional, FHA, VA, USDA, and Jumbo, we also offer a wide range on Renovation loan programs. Our Renovation programs include FHA 203K (Streamline & Consultant), HomePath Renovation, and HomeStyle Renovation. In addition, we also have an FHA 580-639 FICO program for borrower with previous credit issues.
To get Pre-Qualified to purchase a property, you can submit your request online at http://www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing
Your first step is to talk to a lender. I have 5 lenders I refer to my clients so they can select whom they want to work with. Give them your scenario of what you want to do and let them answer your questions about pre-qualifying for a loan.
If they recommend selling your home first, my company is nation-wide and I can refer you to a reputable agent/realtor in your area. Together we can work out the sale of your property there and the purchase of a home here to make the transition as smooth as possible.
Give me a call or send me your email. Look forward to working with you
Sandra Robinson 404-644-2688
ERA Sunrise Realty
If you can produce a long term lease agreement on your current home that will cover the mortgage, then you may be able to go ahead and buy. there are several types of bridge loans. best to contact a good mortgage lender.