Tag Archives | Selling

Do I Need To Sell My Home Before I Can Qualify For A New Mortgage On Another Property?

By on May 1, 2010 in Mortgage

Although every situation is unique, it is not uncommon for home buyers to qualify for a mortgage on a new home while still living in their primary residence. Perhaps you are outgrowing your current house, or have been forced to relocate due to a job transfer? Regardless of the motivation for keeping one property while [...]

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Understanding the Difference Between an Appraisal vs Neighborhood Listing Prices

By on March 28, 2010 in Mortgage

Why is there such a difference between what my appraised value is and the price similar homes are selling for on my street? It’s a great question, and you don’t have to be a mortgage professional or a real estate agent to understand the answer. The distinction lies in the purpose of the two valuations [...]

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