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Personal Consumer Issues • Best Approach on home sale closing before finding replacement:

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Sorry the question is not clear. We just bought a new place first and bought it with our own funds plus taking a few hundred K temporarily out of our retirement account as a roll over for 60 days. Then we sold our old place to put our IRA money back in. We could have used a heloc too we had on our old house. In fact the market went crazy as soon as we took the IRA money out so using a heloc would have been better for us luck of the draw.


If you close on your first house I’d put that lump sum in a federally insured mm account until you find a new one but I am thinking that is not your question.


Can you clarify your question? Thanks

Statistics: Posted by Parkinglotracer — Sun Dec 15, 2024 9:01 am — Replies 1 — Views 52



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