Buying a home when you have one to sell

Is having a house to sell holding you back from moving to your dream home?

In this episode, we sit down with mortgage adviser Jenny Cheevers to talk through the different options available to you when you are trying to buy a home, but already have one you need to sell.

Our conversation includes:

- Pros and cons of using bridging finance

- Risks of offering 'subject to sale' of your own home

- Open bridge vs closed bridge

- Strategies for minimising your risk and reducing your chances of needing bridging finance

- Risks to consider when taking on bridging finance. Hint: run the numbers first

- What to do if you can't secure bridging finance

For more info, visit: https://blog.andrewduncan.co.nz/how-to-buy-when-you-have-a-house-to-sell

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To contact Jenny Cheevers, visit: https://www.facebook.com/jennymortgages

Intro music by http://www.davidcuttermusic.com

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