Moving to another state, must sell house first?

Question

I like to ask for some advice on how to handle this situation. I need to sell my house first before I move to get enough money to buy a house in TX. I like to have a plan somehow that would end up moving into the new house in TX after driving there. Any best solution? Thanks first

Answer 1

Taking the whole job situation out of the equation.

Sell your house.

Move to Texas and rent an apt while you find a new home to purchase. Buy house, then move in.

Answer 2

Consider extended-stay housing in TX until your house sale closes.  You didn't mention if employment is involved.  If you are retired, why put pressure on yourself?

Answer 3

1. spekt tu rent a temp plaes for bout 1 yeer.

2. put old hous up for sale, then muve.  No wae tu ges how long take tu sell.

Answer 4

I would recommend renting the house out if you could find a trusty renter.  That way when you move here they can show the rent money as extra income and it would be easier to get a loan.  Plus if you rent it for 1 or 2 years hopefully the market improves a little and the house appreciates so you wouldn't take a hit off of your equity.  

    When you get to Texas you can then make a low offer on all the houses for sale here and even make more equity or lock in on somebody else who is not worried about their equity and just wants out of the house.

Good luck on your house hunt.   try www.southwestalliance.com its a HUD site that sales forclosures in Texas you can even bid 10% below the asking price and the govt.   pays 3% of the sales price towards your closing cost and up to 5% of your realtors cost

Adan Aguillon

www.harvestrealestatesanantonio.com

www.famonline.org

Answer 5

The last 2 times i  moved, i bought the new house before i sold the old house.  Not one person in 100 is willing to do this.  But you can do it.  You will pay a slightly higher interest rate on your new loan.  They are worried about you carrying 2 houses.  Just pay the rate. Then you move right into your house.

As far as selling the old house quickly:  If we knew the secret of doing that we would be millionaires.  There is no secret. Put it up for sale and see what happens.