Housing Wire

FEBRUARY 14, 2024

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. These companies buy a consumer’s current house with cash so the consumer can use the equity they’ve accrued right away.

Backup offer 399

Backup offer Loan Officer Home sale contingency Branding 399

HomeLight

JUNE 11, 2024

If you’re not a seasoned real estate investor and simply need cash to keep yourself afloat between buying and selling a home, we’ll discuss several alternatives to make use of your home’s equity. You can then make a strong offer on your next home with no home sale contingency.

Finance 94

Finance Hard money loan Home sale contingency Loans 94

HomeLight

JUNE 10, 2024

If you’re not a real estate investor but need to bridge the timing gap between buying and selling a home, we’ll share some alternatives to help you leverage your home’s equity. You can then make a strong offer on your next home with no home sale contingency. Learn More What is a hard money lender?

Hard money loan 85

Hard money loan Finance Home sale contingency Loans 85

HomeLight

JUNE 17, 2024

If you’re a homeowner rather than an investor and need to bridge the timing gap between buying and selling a home, we’ll discuss alternatives to help you leverage your home’s equity. You can then make a strong offer on your next home with no home sale contingency.

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Redfin

JANUARY 25, 2021

The inspection contingency can protect you from purchasing a poor property investment because it allows you to back out of the deal if a major issue is discovered. 2) Appraisal contingency. 3) Financing contingency. 4) Home sale contingency. 7) Home insurance contingency.

Purchase and sale agreement 79

Purchase and sale agreement Home sale contingency Inspection contingency Title 79

HomeLight

JUNE 16, 2023

In many instances, a homeowner needs to use equity from their existing home to buy their next residence. That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions. Is there a cost to using Flyhomes?

Home sale contingency 82

Home sale contingency Staging Loans Closing 82

HomeLight

NOVEMBER 21, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 95

Equity Loans Debt-to-income ratio Home sale contingency 95