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Buying a house
Old 03-05-2019, 05:09 PM   #1
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Buying a house
Want to buy a house and pay for it primarily from the sale of my existing home. But I don't want to sell the existing until we find a new one.


Plenty of money in IRAs, but don't want to cash them.


What type of short term financing should we be looking for ?
Other options ?
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Old 03-05-2019, 05:13 PM   #2
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I had a thread on a similar topic on this before. Options might include an Heloc, or a bridge loan. Or a straight up mortgage that you then pay quickly, and realize there will be sunk closing costs.

http://www.early-retirement.org/foru...one-96251.html
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Old 03-05-2019, 10:21 PM   #3
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conditional offer to purchase new house based on sale/closing of your current home + a pre-qualified bridge loan covering the down payment, closng costs, etc
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