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What to do with the extra money after selling?

AnniesSS Posted:

What to do with the extra money after selling?

This is the first time my mother and I are selling a home and are unsure of where to hold the money until we are ready to buy again (we are moving to NC hopefully by Aug/Sept 05 and moving into an apartment until we find a house we all love).

Our RE agent says to put it in ING but it's not a fund where you can take money out when needed... and my mother wants to have access to the funds even if it is quarterly.

Can anyone suggest a fund/company/etc that we can put the money in? We are definately open to something shortterm, one long term and even a third if it works out better.

Thanks in advance!
Annie
skew Posted:

Re: What to do with the extra money after selling?

cd, bonds, stocks, mutual funds.

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