| Please use your browser's BACK arrow to return from page links |
| I will go the "extra mile" for you |
| Real Estate with Joy |
| Joyce Erskine-Jordan REALTOR®, GRI |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Each RE/MAX office independently owned & operated.
| In selling your home and buying a new one, what can you do to be sure you will not get stuck with two mortgages? |
Your best strategy is to place your home on the market far enough in advance to attract a buyer, negotiate a contract
with an acceptable settlement date, and then go house hunting.
If you find a new house before you have sold your old one, you have some options:
Let Joyce help you decide how to shift your strategy to fit your specific circumstances.
with an acceptable settlement date, and then go house hunting.
If you find a new house before you have sold your old one, you have some options:
- You may be able to arrange a bridge loan (also “swing” loan) secured by the equity in either your old or new
house to cover your expenses until the closing on your old house. Lenders of bridge loans sometimes
require you to have a purchase contract on your old house. But bridge loans can sometimes be found if your
house is not yet sold.
- If your move is job-related, but no home-purchase relocation program is in effect, you might persuade your
employer to either provide a bridge loan or pick up some of your relocating expenses.
Let Joyce help you decide how to shift your strategy to fit your specific circumstances.
| 10525 Timberwood Circle Louisville, KY 40223 800-444-1946 Ext. 193 TF 502-992-4193 Direct 502-425-6222 Fax email Joyce |
