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"relaxing" <ywildner21@optonline.net> wrote...
> I am relocating to Fl. Need some advice. What do I do first. Buy the new
> house first or sell the old one first. Can I use my unsold house as
> collateral towards the new house. Am I going the wrong way about it?
Do you have a mortgage on the old house? If so, a lender may balk at giving you
a mortgage on the new house, unless the old one is under contract or leased out.
I had that problem about 15 years ago.
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Re: Selling & Buying at the same time
