Found 1 blog entry tagged as buying a home tips.

Although selling your current home before buying your next one is an ideal scenario for most homeowners, things don’t always go as planned. Maybe you stumbled across your new dream home before you were ready to list your existing one. Or perhaps you’ve accepted a new job position that requires you to pack up and leave in a hurry.

Whatever the case, it IS possible to buy a new home before selling your old one. Here’s how:

HELOC 

Otherwise known as a Home Equity Line of Credit, a HELOC is a revolving line of credit secured against your home. In short, this allows you to put your existing home equity to work as a loan, accompanied by a set interest rate and monthly payments.

While homeowners opt for HELOC loans for a variety of reasons (i.e.…

979 Views, 0 Comments

Read Full Post