What type of mortgage to get when buying new house before selling old one?
Sunday, June 28th, 2009
CJ asked:
I am looking to buy a new house for about $ 600,000. I have only 10% cash for yourself? Al. We plan on selling our existing home right after? S of the new purchase. I have about $ 300.00 equity in my house today. Tambi? N a l I? NEA HELOC for $ 30,000 which is unusual. I am looking for a new mortgage of $ 250,000. ? Cu? L finances are the best way? Sta? • Use a pr? Stamos the lenga? Eta? • Another HELOC? ? Qu? options?
Luis
I am looking to buy a new house for about $ 600,000. I have only 10% cash for yourself? Al. We plan on selling our existing home right after? S of the new purchase. I have about $ 300.00 equity in my house today. Tambi? N a l I? NEA HELOC for $ 30,000 which is unusual. I am looking for a new mortgage of $ 250,000. ? Cu? L finances are the best way? Sta? • Use a pr? Stamos the lenga? Eta? • Another HELOC? ? Qu? options?
Luis