Making a Smooth Transition from Selling One Home and Buying Another
Whether you’re relocating to Colorado for a job, have outgrown your current home, or moving here to retire, you’re already a home owner. You’ve been through the purchase process before, but in today’s technology-centered environment, a lot has changed.
Do I need to sell before I buy my new Colorado home?
If you need to access equity, you may need to sell your current home and use the sales proceeds toward the purchase of your new home.
However, if you don’t need the equity at this time, you may qualify to purchase a new home now and sell your existing home in the future. Another idea to consider is turning your current home into a rental property.
The important thing to remember is that you get pre-approved early. Contact The Brian Manning Team and we’ll help you determine which option is best for you.
Can I close on the sale of my existing home as well as on my new Colorado home on the same day?
Yes. You can do what’s known as a “simultaneous closing.” Keep in mind that selling, buying, packing and moving all at once can create stress. However, if that’s what works best for you, The Brian Manning Team guides you through the mortgage process so that it flows as smoothly as possible.
What’s the current interest rate?
The financial landscape changes constantly. Contact us and we’ll explain the various loan programs available and the corresponding interest rates for each.
What can I afford in Colorado?
Whether you want to live in Boulder County, Castle Rock, Denver, or elsewhere along the Front Range, getting pre-approved before you begin you search helps you move from speculation to actual, factual answers about what you can afford in the area you want to call home.
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Contact The Brian Manning Team Today
Financing the dreams of thousands of satisfied Colorado homeowners for more than two decades, The Brian Manning Team is here to make your mortgage process simple. Reach out to us today and let’s get the loan process started for you.