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Mortgage Monday: Buying a New Home Before You Sell Your Current Home

mortgage insuranceIn this week’s episode of the Mortgage Monday show Jim Cardinal and Alexis Meeks discuss the best strategies for buying a new home before you’ve sold your current.  There are two primary reasons that you may want to hold onto your current house when buying a new home are:

1) You want to make sure that everything goes smoothly buying the new home before you sell your old house.

2) You want to keep your old house as an rental property.

Both of these scenarios provide their own unique challenges in getting the mortgage  you want on the new home you’d like to purchase

In the video below Jim outlines a few strategies and a success story helping a local client buying a new home:

(if you can’t see the video click here)

Thankfully we have Jim Cardinal, Branch Manager for Syracuse Securities {visit his website to learn more} and Alexis Meeks of Karp, Ackerman, Skabowski & Hogan CPAs {Connect with Alexis on LinkedIn} to explain what is happening in the mortgage industry, how issues will impact the home buying process and what actions to take moving forward.

You can reach them by phone at:

  • Jim Cardinal | (518) 281-0077
  • Alexis Meeks | (518) 828-7618

We can help with homeowners insurance

If you are a first time home buyer or if you currently own a home we would love the opportunity to help you find the proper coverage at the most competitive rate for your home insurance or rental property insurance.  We are dedicated to helping you make the best decisions regarding your insurance and providing our community are resources like Mortgage Mondays are part of that dedication.

If you would like to receive a quote give us a call at (518) 456-6688 or click here to begin the process by email.

Thank you,

Ryan Hanley, CIC