Sunday, May 29, 2011

How do you finance buying one home before you sell your existing ...

An option to consider. Purchase the home you want on 100% financing. Sell your current home, pay off the piggyback loan. 100% financing typically works on an 80/20 split. 80% is some kind of conventional loan, the 20% piggyback is a Home Equity Line of Credit. Saves you the hassle of getting one later.

Source: http://bestfinancesolutions.com/credit/mortgage-credit/how-do-you-finance-buying-one-home-before-you-sell-your-existing-home/

brain games come fly with me coast to coast joakim noah iphone 4s psa jorge posada

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.