[Boomer]

Good morning Conn8757,

I was in this thread answering you last night. That post is above here. And now, sure enough, I am sitting here in my kitchen like I do most mornings, looking at TOTV.

And sure enough, here I am, just rolling around in this real estate thread. (Real estate threads are way high on my list of favorites.)

Anyway, I looked at what I wrote last night, and then I looked back at your original question, and then I realized that I maybe should add Part II.

So here goes:

About that carrying of a mortgage. Be careful. I always say not to borrow money that you do not have. -- for sure have. If the cash flow is not in place to support an unsold home and a mortgage on a new one, just hold on and sell first.

Do not let a selling agent talk you into something that you are not financially ready to do. I got a parting shot last October from a TV agent. It was our last day there and we were touring new homes. She said to me, "You are going to be so sorry if you do not buy at these prices." True story. She did not know, well, obviously. She was programmed to sell. For us, the time was not right overall so it was a non-issue anyway. I tell the story because that's the story.

So you have all kinds of decisions coming up in your life it looks like. Take a deep breath. And if you need to sell to buy in order to sleep at night, take your time on the buying end. If cash flow is not an issue for you, and it never will be, well that's another story.

Boomer