Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida > Orlando
 [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 04-06-2011, 12:38 PM
 
9 posts, read 17,176 times
Reputation: 10

Advertisements

We are first time home owners who want to sell our current home to move into a home closer to work. What is the best way to go about this without getting majorly screwed? Ideally, we want to have the new house built and would like to have the money from the current house to add to or use as the down payment. Any advice from people who have been through this would be appreciated. Thanks.
Reply With Quote Quick reply to this message

 
Old 04-06-2011, 01:41 PM
 
30 posts, read 50,500 times
Reputation: 14
This question depends on a lot of variables that you did not mention in your post. Such as is your first home paid for if not you will have to wait to sell first or have enough credit and income to cover both. If these were normal times it would be a simple matter you could make an offer on a new house based on your ability to sell your house within a given time period. The trouble with this now is the condition of the real estate market you may not be able to get a fair price for your currant home within a reasonable time period. My wife and I did this about 12 years ago and it worked out fine but now I would think twice.
Reply With Quote Quick reply to this message
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:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


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 > U.S. Forums > Florida > Orlando

All times are GMT -6. The time now is 09:18 AM.

© 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