I inherited my current home in September 2014. There is currently no mortgage on my property or any other associated debts. Is it possible to use my current home as collateral for the purchase of a new home? If so, what is the best process to go about this?
I am looking to find a new home and then sell my current home.
My concern, in the present market, is that I will find a great house but won't be able to sell my house soon enough to complete the purchase. So I am just trying to figure out what kind of options I may have.