Owner Occupier’s Guide to Buying a Home
I want to sell my house and move to and a better location. I have already checked out a number of properties and have found one that would be ideal for me. The view is amazing, the house has a modern look, the backyard is big and the neighbourhood seems nice as well.
It would be great if I could sell my house first and then use the proceeds to buy my new house. But, I fear that I might lose my dream home, if it takes too long to sell my house. I am not sure if I will qualify for a new home loan as I do have an existing loan on my house. I have however, repaid most of my loan.
Please help me with my situation. What would be the best course of action for me?