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[QUOTE]Originally posted by 135.0: [QB] [QUOTE]Originally posted by SydeWaySix: [qb] If you plan to buy within the next couple of months and need to have/show cash in your bank, then sell it now. In my experience of buying homes, it was always suggested to have all your cash/bank accounts stable before you start the purchasing process. If you wait to sell the car and then deposit the cash while you're going through the loan process, you will likely be flagged for the large cash deposit and it will delay the process. PLUS, once you even consider selling your car but change your mind last minute...you will end up selling it anyway. It tends to always work that way. If you already have a buyer - SELL IT! Assuming its a "good" offer close to your asking price, you'll backing out of that deal when you decide (for the 2nd time) to sell it. ;) [/qb][/QUOTE]He's never getting 7900 for the car, maybe 2500-5K if he's lucky. For example for a 260K house in sac county, you can get a 97% first(238,835), combine with a CHDAP 3% (7500) plus the zip extra which is another 3% plus flat 6500 (13,665) you can fiannce that house and closing costs. No need to get rid of car, save selling it off for later or keep it. [/QB][/QUOTE]
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