article thumbnail

Hard Money Lenders Chicago: Top Choices and Alternative Financing Options

HomeLight

Whether you’re planning to flip a historic greystone in Lincoln Park or invest in a rental property in Logan Square, hard money lenders in Chicago can offer faster approval times and more flexibility compared to traditional bank loans. You can then make a strong offer on your next home with no home sale contingency.

Finance 94
article thumbnail

What Is a Hard Money Loan in Real Estate?

HomeLight

Start Making Offers Without Waiting to Sell Your 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. Some companies that offer home trade-in programs include HomeLight , Knock , Opendoor and Orchard.

Title 81
article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Aging homes require expensive upgrades and present insurance hurdles Two-thirds of Orlando homes were built before the year 2000. With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. People don’t have the money or time to fix them up,” says Reiner.

Sales 77
article thumbnail

13 of the Top House Buying Companies in 2022

HomeLight

Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Orchard Move First. Local investors.

article thumbnail

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

HomeLight

You can prepare your old home for sale after moving out Getting a home listing ready can be a stressful and difficult process for home sellers, especially if they are still living in the house while trying to renovate or declutter for showings. What’s required to get a bridge loan in California?

Equity 77
article thumbnail

Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. Unlike iBuyers and buy-and-hold investors, fix-and-flippers buy homes in poor condition for considerably less than market value. But no one wants to be taken advantage of, conned, or ripped off. “We