Chalk Talk: Buying Your Next Home Before You Sell
on Mar 10, 2026
“Real Money Questions. Expert Answers”
When:
March 25th, 2026
3:00 pm Eastern; 12:00 pm Pacific
~45 minutes & Q/A included
How: Zoom Meeting
Recorded and able to retrieve for one week
Cost: Free to ongoing clients; $10 per session for guests
Buying Your Next Home Before You Sell
Hosted by: Cynthia Flannigan, CFP®
Guest commentator: Lee Chieng
Certified Mortgage Advisor, General Mortgage Capital Corp
This Chalk Talk is designed for homeowners who are preparing for an important life transition: selling a long-time family home and purchasing a new home for the next chapter of retirement. But timing can be tricky. What happens if you find the perfect downsized home before your current home sells? Or if you want to avoid making your purchase contingent on selling first?
In this session, we’ll walk through:
- What are the common obstacles homebuyers are facing when they decide to buy before they sell?
- What are the financing options available?
- Bridge loan
- Equity line or equity loan
- Pledged assets
- The costs, timelines, and qualification requirements for each option
- The advantages and potential risks to consider
Lee Chieng is an accomplished loan officer with a strong background in the mortgage industry. With over two decades of experience, she has been assisting clients in achieving their homeownership dreams since 2002. Lee possesses extensive knowledge of both traditional and non-traditional home mortgages, as well as expertise in government-backed loans such as FHA and VA.
In addition to her expertise in traditional, conventional, and government loans, Lee is well-versed in catering to the unique needs of investors and individuals with non-traditional income sources. She understands that not all borrowers fit the standard criteria and is proud to offer Non-QM loan programs tailored specifically for these situations. Lee is committed to providing options and solutions to clients who may have faced financial challenges in the past or have unconventional financial profiles.
Furthermore, Lee is highly knowledgeable in the complexities of reverse mortgages. She understands that homeowners in their golden years may have different financial needs and can benefit from a reverse mortgage. Lee’s reverse mortgage program is designed to provide financial flexibility and stability for seniors aged 62 and older. Whether her clients are looking to supplement their retirement income, cover healthcare expenses, or simply enjoy their retirement years to the fullest, she offers tailored solutions to meet their specific needs. Lee takes the time to educate her clients about the pros and cons of reverse mortgages, ensuring they have a comprehensive understanding of this specialized financial product.
Throughout her career, Lee has helped numerous clients with diverse backgrounds and unique circumstances achieve their homeownership goals. She believes in building trust and lasting relationships with her clients, always putting their best interests first. Lee’s commitment to providing exceptional service means that she goes the extra mile to educate her clients about the various options available to them. Her goal is to empower her clients to make informed choices that align with their financial objectives.
You may contact Lee at 415-569-2119 or by e-mail at lchieng@gmccloan.com to learn more!
