Tag: sell before you buy

  • Timing your retirement home purchase

    Reader ​Question: Monty, our current home, valued at $700,000+ has no mortgage, and we plan to purchase a replacement home for $650,000 or less. Because we are retired and our income is only $72,000, we do not qualify for a mortgage. We have failed to find a source for a ‘bridge loan.’ We do have…

  • Evaluating the risk of owning two homes

    What Comes First? Evaluating the risk of owning two homes,  buy, or sell first, is a common dilemma that homeowners face today. In fact, about seventy percent of home buyers are also home sellers. People caught in this “time trap” are often faced with difficult questions and weighty decisions to make. The first and most…