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adding balance of selling home to purchasing home?

I would like to sell my house that's value is $15,000 less than when I bought. If I sell for less that I owe, can I add that amount to my new house whose value is $100,000 more than the purchase price? The one I want to buy is a short sale. How much money would be required as a down payment? The purchase price is $335,000.
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November 20 2009 - Orem
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No, you cannot transfer your short from one house to the other.

If you can cover the short on the loan you already have and exit your current house, then and only then can you consider buying another one.
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November 20 2009
Don't they do this with cars? This pricipal should definitely not be applied to houses (or even to cars).
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November 20 2009
 
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adding balance of selling home to purchasing home?
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