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re: Buying new house before selling current one
Posted on 5/27/20 at 7:52 am to GeismarGeauxer
Posted on 5/27/20 at 7:52 am to GeismarGeauxer
works fine if you are smart about it. Make sure you can carry both mortgages indefinitely. Make sure the new house loan has a re-amortization (recast) option or you'll be stuck refinancing when the old house sells if you want to lower the new mortgage payment.
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