U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New Jersey
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-02-2011, 08:44 AM
 
37 posts, read 68,726 times
Reputation: 13

Advertisements

seems like if you do it contingent on selling your house you may lose out. any suggestions?
Reply With Quote Quick reply to this message

 
Old 07-02-2011, 08:52 AM
 
Location: WFNJ
996 posts, read 1,476,282 times
Reputation: 969
Most people get a bridge loan so they can buy a new house, then sell their old place (highly motivated seller).
Reply With Quote Quick reply to this message
 
Old 07-03-2011, 07:43 AM
 
Location: New Jersey/Florida
4,167 posts, read 7,050,112 times
Reputation: 2363
sell one, buy one. That was easy.
Reply With Quote Quick reply to this message
 
Old 07-03-2011, 07:51 AM
 
9,270 posts, read 6,912,166 times
Reputation: 16136
You can also look into renting the old one until it sells.
Reply With Quote Quick reply to this message
 
Old 07-03-2011, 08:03 AM
 
Location: Epping,NH
2,047 posts, read 3,720,244 times
Reputation: 976
Quote:
Most people get a bridge loan so they can buy a new house, then sell their old place
As long as you can cover both loans for what may be an extended period of time.
Reply With Quote Quick reply to this message
 
Old 07-03-2011, 09:01 AM
 
Location: GA
2,623 posts, read 7,360,296 times
Reputation: 934
It's done all the time. Many seller's accept contingencies. If the offer is accepted with the contingency, you won't lose out.
Reply With Quote Quick reply to this message
 
Old 07-04-2011, 07:06 AM
 
31,308 posts, read 27,807,315 times
Reputation: 30515
Harbor some relatives in the old house.
Reply With Quote Quick reply to this message
 
Old 07-04-2011, 07:12 AM
 
37 posts, read 68,726 times
Reputation: 13
Quote:
Originally Posted by Mightyqueen801 View Post
Harbor some relatives in the old house.
I wish. lol but they sold their houses and downsized unlike some of the people here who need 4 bedrooms for 2 adults and then never cut their lawns.
Reply With Quote Quick reply to this message
 
Old 07-04-2011, 07:49 AM
 
7,171 posts, read 7,536,964 times
Reputation: 8718
Quote:
Originally Posted by Mightyqueen801 View Post
Harbor some relatives in the old house.




Reply With Quote Quick reply to this message
 
Old 07-04-2011, 08:00 AM
 
1,786 posts, read 3,361,183 times
Reputation: 1234
Quote:
Originally Posted by Mightyqueen801 View Post
Harbor some relatives in the old house.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $94,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New Jersey

All times are GMT -6. The time now is 05:00 AM.

2005-2015, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28 - Top