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Home Selling in Fresno : Real Estate Advice

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Sun Sep 18, 2011
Stephanie K answered:
You should probably do a "pros and cons" list. Are you planning to puchase in Orlando? If so, can you qualify and afford to puchase what you want while covering 2 mortgages? Usually you will need a signed lease agreement and then 75% of the rent you collect will count as income against your mortgage payment.

If it is also a buyers market there, you may lose less by taking the loss in Texas and taking advantage of a buyers market in Florida. My advice would be to talk with your agent ( that you trust) in Fresno, an agent in Florida and a lender that is familiar with the rules in both states or at least in Florida, then make that list and your decision.
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