HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. According to information collected by CoreLogic, a property data provider, homeowners averaged an equity gain of more than $56,000 in 2021.

Equity 114

Equity Debt-to-income ratio Closing Loans 114

HomeLight

JANUARY 7, 2022

So, instead of stressing your way through two sales, you can set yourself up for success and have your bags packed for your new home in no time. They’ll also introduce you to options, such as a bridge loan or home equity line of credit, to assist in your sale if needed. List your house for sale.

Equity 103

Equity Loans Debt-to-income ratio Closing 103

HomeLight

APRIL 17, 2024

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. If you sell to them, you can skip making repairs, cleaning your home, and keeping it clean for showings, and staging. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers.

Seller concession 91

Seller concession Inspection Rent back Closing 91

HomeLight

MAY 24, 2022

Or the idea of cashing out the equity on your two-story home and downsizing to a single-level house sounds appealing. Sales of existing homes fell for the second consecutive month by 2.7% Sales dropped from March 2021 in all four major US regions. Prices in March 2022 were 15% higher than a year before for existing home sales.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. No staging, no repeated showings, no agent commissions. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Stressed About a Quick Job Move?

Purchase and sale agreement 108

Purchase and sale agreement Equity Agents Staging 108

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. You can also consider requesting a rent-back agreement from potential homebuyers.

Purchase and sale agreement 80

Purchase and sale agreement Marketing Equity Loans 80