Tag Archive for: departing residence

“Departing Residence” Rental Income – More Important Than Ever!

“Housing Crash In Austin!” Somebody posted that on Twitter last week, citing climbing inventory, price reductions, and fewer buyers. That same day, however, Heejin and I had dinner with a […]Read More

Using Departing Residence Rents; Equity Cushion; Appraisal Issue

Many homebuyers want to buy a new home before selling their existing residence. And, in most cases those buyers need the rental income from their current residence to qualify for […]Read More

Not Counting Departing Residence PITI Once It Is Pending

We discussed how to buy a new home before selling an existing home last week (bridge loans, equity lines, FHA financing, renting out home) and we forgot to add one […]Read More