When to Sell and Buy a Move-Up Home! » Mortgage Masters Group

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How To Sell Mortgage – mortgage-investments.com – How to Sell a Mortgage for the Highest Possible Price Did you give Owner Financing when you sold your home? Would you sooner have cash than keep that owner financing? Learn the secrets of the note-buying business. Who will buy your Owner Financed Mortgage. Most of the people advertising to buy your seller financed mortgage note are note brokers.

If you plan to sell your home and buy another, which should you do first? If you sell first, you’ll be under time pressure to find another house quickly — and may end up settling for less than you wanted, overpaying, or stuffing yourself and all your possessions into a hotel room until you can buy a new place.

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Peter Boutell, Lending a Hand: Consider a bridge loan for your move-up home – This involves using the equity in their present home to buy their move-up. mortgage on their new home, the borrowers are likely to qualify for the bridge loan. A bridge loan may be the best.

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Move-Up Buyers – The Mortgage Professional – When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, Millennials Are Increasing the Demand for Condominiums Read More

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How To Solve The Move-Up Home Financing Dilemma – Bank offers a specialized equity loan. The loan is paid in full when the home is sold. The borrower agrees to sell within 12 months. "Because these are portfolio loans, we don’t generally have to follow Fannie Mae or Freddie Mac guidelines," says Jay Richardson, a senior loan officer with MVB Mortgage in Fairfax, Virginia.

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