Agent

Buy now, sell later?

Pros and cons of carrying two homes in today's market
Published on Oct 20, 2008

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by CareyBot

Plan for the worst and hope for the best. This is a reasonable course of action if you're planning to sell your current home and buy another one in the current market.

There are good reasons to do so for some homeowners whose homes no longer work for them. Interest rates are lower than they were a year ago (hovering around 6 percent at the beginning of September 2008) and home prices have dropped in many places.

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