Hello ladyamieb, In the market we are in today, you can't buy a home on a contingency of selling your home so you must sell first. Now I do have another option that some choose, You can rent out your current home and buy another home bigger, better and newer with only half percent down payment program which can also contribute towards your closing costs as well. You can rent out your current home until you can realize more equity to sell it in the near future. You can be in your new home of your choice with a minimum 580 fico score to qualify.
I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Here is a link, flyer, maximum income limits and a needs list to gather for processing a loan approval. I only need to ask a few dozen questions to qualfiy you for a few options.
CHF Access half percent down flyer, pdf
Sheryl Arndt, standard needs list checked, pdf
CHF Access income limits http://tinyurl.com/8lzf8he
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience