[RoosterRedux]

How important is the selling price of your current home to the financing or funding of the new home?

[Mean Daddy]

Current house is paid off and we could carry both but I worked with someone who took a $40k loss doing this when the market took a downturn. We’d like to sell our house and roll the sale monies into the building of the new house. We’ll need to take out a new mortgage for the remainder.