Posted by
J's Aunt
20 yrs ago
If you're thinking of selling your home why not contact a realtor in the States and assign a family member or friend as your power of attorney to sign at the closing on your behalf.
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Do you still owe alot on your US home? If not - then you can mortgage against the equity and use the cash you get to repay a home loan in HK.
We have homes in Australia and our financial guy said that we shouldn't sell them until we are ready to retire, as it will make it difficult to get back into the market unless we make a gob load of money in HK - which hasn't happened too fast for us with so many kids. So we use the equity in these houses to get money when we need it.
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