You borrow money against your existing residence to raise a down payment and then purchase ... more
please contact me and I'll send you a biweekly list of all our deals.
you have several options here, it all depends on you financial situation.
As mentioned in the answers below, you can shop for your new home and make a contingency on the c ... more
The only way to qualify for a low down payment purchase loan, which would be an FHA loan, you will need to be an owner-occupant of the residence being purchased. You would need to ... more
The main issue to consider, other than your credit and income, is how much you owe on your current residence. Underwriters will consider your renting your current residence and ... more
If you currently have an FHA loan, you cannot obtain another ... more
If you qualify for the mortgage on both the current and proposed home, you're fine. If you don't, you must have 30% equity in the current home before you will be ... more
Ask your realtor if she means the appraiser needs to come out and do a re-inspection with the water on. Yes, this is typical if the appraiser found issues that need to be co ... more
See my blog: http://www.trulia.com/blog/john_sacktig
You need to have owend your home for a periond of time.. Read on.. see if you fit into the guidelines!