Arizona Life Real Estate

Arizona Life Real Estate


I want to buy a new home but can not afford 2 mortgage payments

May 30, 2014

I want a new home but can’t afford 2 payments… What do I do?
Do you want to buy a new home but cant afford 2 home payments?  Maybe you just can not qualify for 2 home payments.  In either case there are strategies to help you overcome this.  With a good real estate agent or broker, and a plan, you can sell your current home, and purchase a new one, with no crossover.  Our podcast and video below will help give you tips on some strategies.

Get in contact with a good broker
Talk to a mortgage professional, if you sell your current home, what can you qualify for?
List your current home for sale
Once you get an offer on your current home, go and look for your new home
Submit an offer contingent on your current home selling.
Time up both closings on the same day