Redfin

JUNE 13, 2025

Step 3: Research second-time homebuyer programs and loans Step 4: Work with an experienced agent Step 5: Make a strong offer as a second-time homebuyer Step 6: Plan your transition Second-time homebuyer FAQs Is it harder to buy a house the second time? Try to avoid overlapping mortgage payments or being stuck without a home.

Debt-to-income ratio

Lab Coat Agents

MAY 15, 2025

home listings are well below where they were pre-pandemic. If the buyer is financing the home, encourage them to get pre-approved for a loan so that sellers will take them more seriously and the sale is more likely to go through. Master the Art of Seller Persuasion One reason home inventory is low is hesitant sellers.

Pre-approval

HomeLight

MARCH 11, 2025

Both meanings can apply to a home. But when its time to sell or borrow, what does it mean if your home appreciates? In this post, well help you gauge the growth of your homes value. Your homes appreciation rate is typically tied to market trends, neighborhood growth, and home improvements.

Equity

Rochester Real Estate

NOVEMBER 5, 2015

Earnest Money and House Deposits Explained What to Know About Home Deposits and Earnest Money Once you’ve found your dream home, you need to convince the seller that you’re serious about buying. This will assure them that they can safely take their home off the market and sell it to you. Let’s take a look.

Earnest money deposit

HomeLight

FEBRUARY 20, 2025

As of December 2024, 18% of buyers waived the appraisal contingency , with other buyers waiving, for example, inspection contingencies to likewise make their offers more enticing to sellers. The appraisal contingency is there to protect the buyer in case of any issues surrounding your appraisal. What is a contingency?

Inspection contingency

Redfin

JUNE 17, 2025

You’ve found a home you love, but the listing says “bumpable buyer.” A bumpable buyer is a homebuyer whose offer is accepted but contingent on selling their current home. While the home is under contract, the seller can still accept other offers, potentially “bumping” the first buyer if a better offer comes in.

Backup offer

HomeLight

MARCH 20, 2023

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.

Home sale contingency

Housing Wire

FEBRUARY 14, 2024

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.

Backup offer

HomeLight

MARCH 31, 2022

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).

Home sale contingency

HomeLight

AUGUST 9, 2024

Enter hard money loans , a popular solution for investors looking to capitalize on the market’s potential. Whether flipping a historic home in Des Moines or buying an investment property in Cedar Rapids, understanding the ins and outs of hard money lending is important for making informed financial decisions.

Hard money loan

HomeLight

AUGUST 26, 2024

Whether you’re flipping houses in Providence or buying rental properties along the coast, a hard money loan could be the right move for you. Hard money loans can carry higher interest rates than traditional loans, but they come with fewer restrictions and generally quicker approval times. How does a hard money loan work?

Hard money loan

HomeLight

JULY 5, 2024

Looking to fund your next real estate project in Seattle with a hard money loan ? These loans are a great alternative to traditional financing, especially for short-term projects or those with credit issues. In this guide, we’ll break down how hard money loans work in Seattle, their costs, and alternative financing options.

Hard money loan

HomeLight

JULY 18, 2024

With a focus on property value rather than credit scores, hard money loans offer a streamlined path to funding, perfect for those needing quick turnarounds. Whether you’re a seasoned investor or a homeowner seeking fast cash , this guide will help you navigate the world of hard money loans to achieve your real estate goals.

Hard money loan

HomeLight

JULY 25, 2024

A hard money loan could help you secure that perfect investment property, whether you’re looking to renovate a historic home in Cleveland Heights or purchase an apartment complex in The Flats. You can then make a strong offer on your next home with no home sale contingency. How does a hard money loan work?

Hard money loan

HomeLight

JULY 18, 2024

Are you looking to fund your next real estate venture in Alabama with a hard money loan ? Whether you’re planning to flip a historic home in Montgomery or invest in a rental property in Birmingham, hard money lenders in Alabama offer the speed and flexibility you need. How does a hard money loan work?

Hard money loan

HomeLight

AUGUST 27, 2024

A hard money lender provides short-term loans backed by real estate rather than the borrower’s credit score. Instead of relying on traditional metrics, hard money lenders determine the loan amount based on the after-repair value (ARV) of a property. If a borrower fails to repay the loan, the lender can take ownership of the property.

Hard money loan

HomeLight

JULY 2, 2024

Looking to kickstart your next real estate project in Miami with a hard money loan? These loans can be used for various property types, from fixer-uppers in Little Havana to condos in Brickell intended for long-term rentals. We’ll explain what hard money loans are, their costs, and their benefits. What is a hard money lender?

Hard money loan

HomeLight

JUNE 30, 2024

Looking to fund your next real estate project in San Antonio with a hard money loan? Hard money loans serve as an alternative to traditional financing, and are especially useful for those with tight project timelines, limited capital, or credit challenges. How does a hard money loan work? Learn More What is a hard money lender?

Hard money loan

HomeLight

JUNE 20, 2024

Are you looking to finance your next real estate project in Houston with a hard money loan ? These loans are particularly useful for investors needing quick access to funds and for those whose credit history might not meet conventional loan requirements. How does a hard money loan work? What is a hard money lender?

Hard money loan

HomeLight

JULY 29, 2024

Are you considering a hard money loan in Virginia Beach? This article will guide you through the essentials of hard money loans, their costs, and alternatives, helping you make an informed decision. Hard money loans provide fast, flexible funding for real estate projects when traditional loans aren’t an option.

Hard money loan

HomeLight

JULY 9, 2024

A hard money loan might be just what you need. These loans are especially useful for short-term projects and those with limited initial funds or credit issues. You can then make a strong offer on your next home with no home sale contingency. How does a hard money loan work?

Hard money loan

HomeLight

DECEMBER 13, 2023

You might think your only choice is to sell your current home, find a temporary place to live, and search for your new house. But there’s an alternative you probably haven’t considered — a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity

HomeLight

JULY 29, 2024

Selling or buying property when managing real estate financing in Missouri can be challenging, especially when traditional loans aren’t an option. A hard money loan might be the solution if you need quick funding with flexible terms. These loans are particularly useful for real estate investors in competitive cities like St.

Hard money loan

HomeLight

JULY 26, 2024

Hard money loans provide a quick funding solution based on the property’s value rather than your credit score or income history. If you’re not a real estate investor but need to bridge the timing gap between buying and selling a home, we’ll explore alternative options that allow you to leverage your home equity.

Loans

HomeLight

JULY 22, 2024

Are you hoping to finance your next real estate acquisition in Wisconsin with a hard money loan ? Hoping to flip a historic home in Milwaukee or invest in a rental property near Madison’s vibrant downtown? You can then make a strong offer on your next home with no home sale contingency.

Loans

HomeLight

JULY 9, 2024

Are you looking to finance your next real estate project in Georgia with a hard money loan ? These loans are particularly useful for those with tight timelines, limited initial funds, or credit challenges. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan

HomeLight

JULY 31, 2024

Are you considering a hard money loan ? Whether you’re eyeing a fixer-upper in Plaza Midwood or a rental property in NoDa, knowing how hard money loans work can be important. In this guide, we’ll explore the ins and outs of hard money loans, helping you make informed decisions for your real estate ventures in Charlotte.

Hard money loan

HomeLight

DECEMBER 13, 2023

You might think your only option is to sell your current home, temporarily relocate, and then begin the hunt for your dream house. But there’s another option that you probably haven’t considered: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity

HomeLight

DECEMBER 7, 2023

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

HomeLight

NOVEMBER 29, 2023

For many Idaho homeowners, it might seem like the only path forward is to sell first, move into a temporary location, and then embark on the hunt for a new home. However, there’s a strategic solution that might just be the missing piece in this complex puzzle: a bridge loan. What is a bridge loan, in simple words?

Equity

HomeLight

DECEMBER 15, 2023

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

HomeLight

JULY 15, 2024

This article will walk you through the ins and outs of hard money loans, explaining how they can help you achieve your real estate goals in Oregon. You can then make a strong offer on your next home with no home sale contingency. How does a hard money loan work? What is a hard money lender?

Hard money loan

HomeLight

DECEMBER 29, 2023

Selling your old home while looking for a new one in Dallas can be difficult, especially when juggling the complex timing and limited finances. However, there’s a solution that you may not have considered: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity

HomeLight

MAY 8, 2024

Are you considering a hard money loan to fast-track your next real estate investment? Whether you’re planning to flip a house or purchase a rental property, a streamlined hard money loan can be a helpful option. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan

HomeLight

NOVEMBER 17, 2023

However, there’s a strategic solution that might just fit your needs: a bridge loan. As a short-term financing option, bridge loans in Illinois offer a unique opportunity. In this post, we’ll provide insights and helpful tips about bridge loans in Illinois. What is a residential bridge loan?

Equity

HomeLight

DECEMBER 8, 2023

You might think the only option is to sell your old home, move to a temporary location, and then embark on the hunt for your new home. However, there’s a financial tool that could be the key to seamlessly aligning these moving parts: a bridge loan — empowering you to purchase your new home before selling your current one.

Equity

HomeLight

NOVEMBER 17, 2023

You might find yourself in a predicament where it seems the only option is to sell your home, move out, and temporarily relocate while you hunt for your new dream house. A bridge loan could be the key solution you’re searching for. This innovative solution might just be the missing piece in your home buying and selling puzzle.

Equity