Chalk Discuss: Shopping for Your Subsequent House Earlier than You Promote
on Mar 10, 2026
“Actual Cash Questions. Skilled Solutions”
When:
March twenty fifth, 2026
3:00 pm Japanese; 12:00 pm Pacific
~45 minutes & Q/A included
How: Zoom Assembly
Recorded and in a position to retrieve for one week
Price: Free to ongoing purchasers; $10 per session for friends
Shopping for Your Subsequent House Earlier than You Promote
Hosted by: Cynthia Flannigan, CFP®
Visitor commentator: Lee Chieng
Licensed Mortgage Advisor, Basic Mortgage Capital Corp
This Chalk Discuss is designed for owners who’re getting ready for an vital life transition: promoting a long-time household residence and buying a brand new residence for the following chapter of retirement. However timing might be tough. What occurs in case you discover the proper downsized residence earlier than your present residence sells? Or if you wish to keep away from making your buy contingent on promoting first?
On this session, we’ll stroll by means of:
- What are the frequent obstacles homebuyers are going through once they determine to purchase earlier than they promote?
- What are the financing choices out there?
- Bridge mortgage
- Fairness line or fairness mortgage
- Pledged belongings
- The prices, timelines, and qualification necessities for every possibility
- The benefits and potential dangers to think about
Lee Chieng is an completed mortgage officer with a robust background within the mortgage trade. With over twenty years of expertise, she has been aiding purchasers in reaching their homeownership desires since 2002. Lee possesses in depth information of each conventional and non-traditional residence mortgages, in addition to experience in government-backed loans corresponding to FHA and VA.
Along with her experience in conventional, typical, and authorities loans, Lee is well-versed in catering to the distinctive wants of buyers and people with non-traditional earnings sources. She understands that not all debtors match the usual standards and is proud to supply Non-QM mortgage applications tailor-made particularly for these conditions. Lee is dedicated to offering choices and options to purchasers who might have confronted monetary challenges prior to now or have unconventional monetary profiles.
Moreover, Lee is extremely educated within the complexities of reverse mortgages. She understands that owners of their golden years might have totally different monetary wants and may profit from a reverse mortgage. Lee’s reverse mortgage program is designed to supply monetary flexibility and stability for seniors aged 62 and older. Whether or not her purchasers want to complement their retirement earnings, cowl healthcare bills, or just get pleasure from their retirement years to the fullest, she gives tailor-made options to fulfill their particular wants. Lee takes the time to coach her purchasers concerning the professionals and cons of reverse mortgages, making certain they’ve a complete understanding of this specialised monetary product.
All through her profession, Lee has helped quite a few purchasers with various backgrounds and distinctive circumstances obtain their homeownership targets. She believes in constructing belief and lasting relationships together with her purchasers, all the time placing their greatest pursuits first. Lee’s dedication to offering distinctive service implies that she goes the additional mile to coach her purchasers concerning the varied choices out there to them. Her aim is to empower her purchasers to make knowledgeable selections that align with their monetary goals.
It’s possible you’ll contact Lee at 415-569-2119 or by e-mail at lchieng@gmccloan.com to be taught extra!