Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
 [Register]
Please register to participate in our discussions with 2 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)
 
Old 08-30-2010, 07:35 PM
 
Location: Chciago
720 posts, read 3,000,818 times
Reputation: 505

Advertisements

I currently have my house on the market. I'm probably staying in the same town just want a different place. I am also wanting to change jobs in the relatively near future.

Lately I have been networkign with friends and friends of friends and had a few people offer to pass my resume along to their managers for some really good jobs. Only problem is I'm worried if I switch jobs I wont be able to get a mortgage for at least another year if I take a new job before sellign my place and getting a new house.

The jobs I would be taking are not the same job and not the same industry. If I want to buy a place as soon as I sell do I prettty much need to stay at my current job until that is all done?
Reply With Quote Quick reply to this message

 
Old 08-31-2010, 04:42 AM
 
Location: Austin
7,244 posts, read 21,735,293 times
Reputation: 10013
Switching jobs to a new industry is always a red flag. They'll look at other things and if you have more than the minimum down payment and exceptional credit, they might overlook it, but best to stay where you are.
Reply With Quote Quick reply to this message
 
Old 08-31-2010, 06:12 AM
 
Location: Plano, Texas
1,673 posts, read 7,005,720 times
Reputation: 697
If you are going from a W2 job to a new W2 job, not a big issue. if you are going from a W2 job to commission sales, that is a huge issue.
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 $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages

All times are GMT -6. The time now is 08:12 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top