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Trading Up in Real Estate – More Down Payment or Use Sale Proceeds to Pay Mortgage Until Rates Drop and Refinance?
Trading Up in Real Estate - More Down Payment or Use Sale Proceeds to Pay Mortgage Until Rates Drop and Refinance? Hi all, We just got an offer accepted on a house in NJ, where we originally planned to use the equity/proceeds of the sale of our current house as a down payment on the new one. My parents passed away a few years ago and I additionally have some money set aside from the estate. We ended up having to go a bit above our initial budget to get the h...
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