What if you already own your home and You're Buying Another Home

If you already live in a home that you want to sell but have run across the home you want to buy ....how will all the details work? This is a common situation Luckily  REALTORS^{®   or /and}     lawyers have plenty of experience in arranging contracts and loans so that the two transactions work seamlessly and smoothly. In a market like this a buyer may well entertain an offer that is contingient upon sale of your old home.

If you find that you must purchase the next house before you've sold the present one,  some lending institutions can often make you a short-term " bridge" loan to cover between the two transactions. If you have considered this in your plans you should be alright. If you need to talk to a lender that will listen to your concerns  click here for contact information of a local FHA Approved Lender who can help. If you have had an experience with a bridge loan please feel free to post  your story.  (Harry) Henry D'Onofrio 845-621-2006