Remove As-is Remove Closing costs Remove Finance Remove Home sale contingency
article thumbnail

What Is a Home Sale Contingency?

HomeLight

Most often, this type of scenario calls for a home sale contingency. With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home.

article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Jeremy Foster: The traditional home purchase process for homeowners is broken.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bridge Loans in Washington, D.C.: How to Unlock Home Equity to Buy Before You Sell

HomeLight

It can be difficult to juggle the timing and financial details when you’re pressed to sell before you can invest in your new home. Enter the bridge loan – a short-term financing option. You can then make a strong offer on your next home with no home sale contingency.

Equity 97
article thumbnail

Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

Searching for a home to buy can be a time of excitement and anxiety. You may be building an online watchlist of homes you’re interested in seeing, but then you notice a label tagging your favorite property listing as “under contract” or “sale pending.” Can you make an offer on a home that’s under contract?

article thumbnail

Bridge Loans in Atlanta: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. You might think your only choice is to sell your current home, move into temporary housing, and hope your future home becomes available without delay.

Equity 92
article thumbnail

Bridge Loans in Michigan: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words?

Equity 93
article thumbnail

Bridge Loans in Iowa: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Selling your old home while simultaneously buying a new one in Iowa can often feel like a delicate balancing act. In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. What is a bridge loan, in simple words?

Equity 89