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

Housing Wire

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. When, and if, contingent offers are accepted, they can result in paying as much as 11% more for the home relative to a cash offer.

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

HomeLight

Are you a homeowner in Chicago grappling with the challenge of selling your old home while eyeing your next dream house? Transitioning from one home to another often involves a delicate balance of timing and finances, especially in a market where inventory is scarce and prices are soaring. You’re not alone.

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

HomeLight

If you are selling your home in Colorado but also looking to purchase a new one, the timing of both transactions can feel impossible to plan perfectly. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Need to Buy Before You Sell?

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

HomeLight

Explore a bridge loan and let your home’s equity help fund your next house in the short term. A bridge loan can be a fitting solution when you’ve found your dream home and need to act quickly, or you need more time to prepare your old home to sell, allowing you to buy before you sell. Need to Buy Before You Sell?

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

HomeLight

What buyer contingencies might put a listing back on the market? What home contingency missteps should you avoid when making an offer? In this post, we’ll explain terms like “under contract,” “sale pending,” and “active under contract” and how they might impact your home-buying journey.

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What Is a Buy Before You Sell Program? How to Make a Seamless Move

HomeLight

It’s the dilemma of needing to buy a new home before selling your current one so you know you have a place to live — and you only want to move once. However, most Americans need the equity and sale proceeds from their current home to buy a new home. Learn More What is a Buy Before You Sell program in real estate?

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

HomeLight

Find a Top California Agent With Experience in Bridge Loans Partner with a top agent who knows your California market and has experience with bridge loan programs. HomeLight can connect you with an experienced buyer’s agent who can help you navigate your entire homebuying journey. Let’s dive in.

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