HomeLight

JANUARY 7, 2022

Here are some factors they’ll consider as they walk you through the first few steps: Your current financial situation: The biggest challenge you’ll likely face is coming up with a down payment for your new home while your equity and investment are still tied up in your current house. Enclave Team. Real Estate Agent. Enclave Team.

Equity 103

Equity Loans Debt-to-income ratio Closing 103

HomeLight

JULY 29, 2022

Timing is critical in all things, but it can be especially challenging when it comes to real estate. Deciding whether to sell your home before buying a new one is a difficult decision. It could land you in temporary housing if you haven’t found a house to buy. That means two moves, which is nobody’s idea of a good time. In a buyer’s market.

Debt-to-income ratio 107

Debt-to-income ratio Loans Rent back Equity 107

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. According to information collected by CoreLogic, a property data provider, homeowners averaged an equity gain of more than $56,000 in 2021.

Equity 117

Equity Debt-to-income ratio Closing Loans 117