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Purchasing a New Home in Florida before Selling Your Old Home
Purchasing a New Home in Florida before Selling Your Old Home rnrnIt's ideal for the #1 reason of having much less stress and a longer time frame to get the entire mortgage and moving process completed. http://www.prestonware.com/buyingbeforesellingrn rnThe Alternative: Selling before Buying rnhttp://www.prestonware.com/sellingandbuying involves closing on your sale, packing up all of your life's possessions in a moving van, and waiting to close on your new purchase maybe the same day (Maybe the next day, maybe within a week time frame.) rnAfter living out of a hotel room for a while you will appreciate good timing getting your mortgage to the closing table.rnrnThe buying before selling scenario allows you to purchase the new house, (and carry two housing payments for a while) and slowly move your life possessions over from one house to another. The only down side of Buying before Selling is qualifying carrying multiple mortgage payments. As long as the total debt ratio is less than 50% you will be O.K Definitely a stronger borrower can Buy before Selling compared to the Selling before Buying borrower who has to go through the stress because of no other choices.rnrnPreston WarernMortgage banker 561 329 0075rnwww.prestonware.com
- Posted on: 2014-03-14 22:34:59
- Classified ad views: 4
- Item ID: 750315