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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Montclair, Glen Ridge and Bloomfield, New Jersey NUMBER1EXPERT(S) Top Selling real estate agent(s). Contact Kathy Kulik today! Find Montclair, Glen Ridge and Bloomfield Homes - Find Montclair, Glen Ridge and Bloomfield, New Jersey real estate listings & homes for sale provided by Kathy Kulik, your local expert real estate agent(s). For Home Buyers - Get home buying information, the latest listings, mortgage information, expert advice, and much more from Kathy Kulik, a Montclair, Glen Ridge and Bloomfield, New Jersey NUMBER1EXPERT(S) Top Selling real estate agent(s). For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Kathy Kulik, Montclair, Glen Ridge and Bloomfield, New Jersey NUMBER1EXPERT(S) Top Selling real estate agent(s). Montclair, Glen Ridge and Bloomfield Information - Find local information on Montclair, Glen Ridge and Bloomfield, New Jersey including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Kathy Kulik, NUMBER1EXPERT(S) Top Selling real estate agent(s). Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Kathy Kulik, Montclair, Glen Ridge and Bloomfield, New Jersey NUMBER1EXPERT(S) Top Selling real estate agent(s). About Kathy Kulik - Information about Kathy Kulik including testimonials, guarantees, credentials, and contact information. Learn about NUMBER1EXPERT(S) Top Selling real estate agent(s) like Kathy Kulik in the Montclair, Glen Ridge and Bloomfield, New Jersey area. 
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Real Estate Contracts >Selling Before Buying
Timing can sometimes be difficult if you have to sell a home before you can buy another one. Most people need the equity from the sale of their first home for the down payment on the new house. If your present home goes on the market first, you may be concerned that it will sell before you find the one you want to buy. On the other hand, if you find the perfect home before your present home is under contract, the sellers may be reluctant to accept your offer, and you may be too nervous to sign a contract.
It is a good idea to sit down with a good real estate agent for some professional advice before you begin your search. It will probably be necessary to be flexible on the closing date, because it can be easier to find a home that you want to buy than to sell your present home. After finding the house you want, you can ask the lender about arranging a short-term bridge loan that can make the purchase possible before you sell your current residence.
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| Q |
Who is "Fannie Mae" and why is she a big name in real estate?
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| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
 See More Real Estate Trivia > |
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