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