Does anybody have any advice as far as trying to purchase another house while selling one? Like, can you get approved for a new mortgage when you still are paying one (no, I can't afford two)?
Your offer to buy has provisions of having financing approved and the sale of the old house. There is usually an overlap period of paying two mortgage payments for a month (or two) while moving and finishing up the paperwork. It would be difficult to have possession dates for you, the seller, and the buyer all line up on the same day.
You’ll need to work with the bank, a lawyer, and the realtor. Purchasing a house; getting a mortgage; selling a house; what a convoluted process. Best to have some experts handle that workload.
T, don’t get too far ahead of yourself. You are only still talking. Well, not even talking yet.
If it comes to it, could you afford to take over the present house payments? Would you even want to live there? There is a lot less fuss removing a person from the title and mortgage than selling and buying and moving. Just an option to consider/explore.
D
Feelings are fleeting. Be better, not bitter. Love the person, forgive the sin.
